Swing To Trade
  • Stock
  • Politics
  • Business
  • Sports
Stock

Trump in Saudi Arabia: Riyadh pledges $600 billion investment in US

by admin May 13, 2025
May 13, 2025

US President Donald Trump has secured a staggering $600 billion investment commitment from Saudi Arabia during the first leg of his Gulf tour, according to the White House.

The announcement, made after a high-profile red carpet welcome in the Saudi capital, includes a record-breaking $142 billion defense deal and extensive cooperation in energy, mining, and infrastructure.

US-Saudi Investment deals

As Trump descended from Air Force One in Riyadh, he was greeted by Saudi Crown Prince Mohammed bin Salman, who later signed the landmark agreements in the presence of US business leaders, including tech billionaire Elon Musk.

The White House

@WhiteHouse

·Follow

THE TRUMP EFFECTđź’°
$600,000,000,000

President Donald J. Trump Secures Historic $600 Billion Investment Commitment in Saudi Arabia

Watch on Twitter

View replies

8:23 PM · May 13, 2025

0

Reply

Read more on Twitter

The deal is being described by American officials as the largest defense and investment agreement ever made between the two nations.

The defense component alone—valued at nearly $142 billion—is part of a broader US effort to strengthen military alliances in the Middle East while creating domestic jobs through arms manufacturing.

According to Reuters, sources close to the negotiations mentioned ongoing discussions around the potential sale of Lockheed Martin’s advanced F-35 fighter jets to Saudi Arabia, a deal long desired by Riyadh but not yet confirmed as part of the final package.

Focus shifts from security to long-term economic cooperation

In a clear shift from traditional US Middle East visits focused on counterterrorism and security, Trump’s trip emphasized economic development and private sector engagement.

During the US-Saudi investment forum, Saudi Investment Minister Khalid al-Falih highlighted the transformation of bilateral ties, stating, “While energy remains a cornerstone of our relationship, the scope of Saudi-American business partnerships has expanded dramatically.”

Trump echoed these sentiments, describing Prince Mohammed as a friend and praising the evolving nature of the relationship.

“We like each other a lot,” Trump said, referring to the Crown Prince.

He added that the investment would lead to significant job creation in the United States and help modernize Saudi Arabia’s economy, aligning with Riyadh’s Vision 2030 reforms.

Trump heads to Qatar, UAE next

Following his engagements in Saudi Arabia, Trump is scheduled to travel to Qatar on Wednesday and the United Arab Emirates on Thursday.

The presence of prominent American CEOs and business figures on the trip underlines the administration’s strategy of leveraging business diplomacy to build strategic alliances and boost foreign investment into the US economy.

Notably, Trump’s decision to bypass Israel on this tour has drawn attention, raising questions about the current administration’s priorities in the Middle East.

However, White House sources have emphasized that this visit is focused primarily on economic cooperation rather than regional security dynamics.

The $600 billion investment pledge signals not just a deepening of US-Saudi ties, but a broader recalibration of America’s foreign policy in the Gulf region.

As the two nations pivot towards mutual economic growth, job creation, and technology exchange, analysts view this as a landmark moment in US foreign investment diplomacy—one that may define Trump’s legacy in global economic affairs.

The post Trump in Saudi Arabia: Riyadh pledges $600 billion investment in US appeared first on Invezz

previous post
Microsoft plans to lay off over 6,800 employees: report
next post
US stocks open mostly in the green: Nasdaq up 0.6%, S&P 500 up 0.3%

Related Posts

Meta rises on report of 20% layoffs: here’s...

March 16, 2026

Here’s why Tesla stock is rising today as...

March 16, 2026

Why Nvidia stock is up around 2% ahead...

March 16, 2026

Nio stock extends gains after Wall Street upgrades...

March 16, 2026

Why Intel stock is surging over 4% on...

March 16, 2026

S&P 500 and VOO stock: Top catalysts to...

March 15, 2026

Why is BBAI stock tanking to $3.91 on...

March 14, 2026

US stocks close in red as S&P 500...

March 14, 2026

Microsoft eyes massive Texas AI hub as quality...

March 14, 2026

Is AI speeding up war? How US struck...

March 14, 2026
Join The Exclusive Subscription Today And Get Premium Articles For Free

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent Posts

    • Meta rises on report of 20% layoffs: here’s how it might impact its earnings

      March 16, 2026
    • Here’s why Tesla stock is rising today as Musk teases Terafab launch

      March 16, 2026
    • Why Nvidia stock is up around 2% ahead of GTC

      March 16, 2026
    • Nio stock extends gains after Wall Street upgrades and profit surprise

      March 16, 2026
    • Why Intel stock is surging over 4% on Monday

      March 16, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 SwingToTrade.com All Rights Reserved.

    Swing To Trade
    • Stock
    • Politics
    • Business
    • Sports