Saudi crown prince welcomes Trump as he begins four-day Mideast tour.
On a visit to Saudi Arabia, the U.S. President Donald Trump received a warm welcome, including a grand reception from Crown Prince Mohammed bin Salman. Trump was joined by top American business leaders, including billionaire Elon Musk. After Saudi Arabia, Trump’s schedule includes a visit to Qatar followed by the United Arab Emirates.
During the visit, Saudi Arabia announced a major commitment to invest $600 billion in the United States. Of this amount, deals worth $300 billion were signed during a U.S.-Saudi Investment Forum in Riyadh. Saudi leaders also said they plan to work on more agreements over the next few months, aiming to raise the total investment to $1 trillion.
In addition to the investment pledges, the U.S. signed a massive arms deal with Saudi Arabia, worth almost $142 billion. According to a White House statement, it is the largest defense cooperation agreement the U.S. has ever made. The deal includes partnerships with over a dozen American defense companies and covers areas such as air and missile defense systems, space technology, naval security, and advanced communications.
Saudi Arabia is already one of the biggest buyers of American weapons. This agreement is expected to strengthen the military and economic ties between the two countries, while creating new opportunities for U.S. businesses in energy, mining, and defense industries.
