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Trump and Saudi Arabia announce $600 billion investment deal, including $142 billion in defense

  • On May 13, 2025, during a ceremony in Riyadh, the U.S. President and Saudi Arabia’s Crown Prince finalized a $600 billion agreement encompassing investment and defense cooperation.
  • The deal followed Saudi Arabia's aim to diversify its economy, improve military capabilities amid regional tensions, and develop AI technologies.
  • It includes $142 billion in defense sales, multibillion-dollar energy, tech, and infrastructure investments, and new joint funds totaling over $14 billion.
  • Trump called it a "historic and transformative" leap with the "largest defense sales agreement in history" nearly $142 billion, encompassing air, missile, naval, and support systems.
  • The agreement strengthens U.S.-Saudi ties and Saudi Arabia’s defense posture against Iran, but depends on Congressional approval and raises regional security concerns.
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www.t-online.de broke the news in on Monday, May 12, 2025.
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