In a monumental step toward strengthening U.S.-Saudi economic and defense ties, U.S. President Donald Trump secured a $600 billion investment commitment from Saudi Arabia during his visit to Riyadh on Tuesday. The announcement came as Trump was warmly received with a gala welcome, kicking off his diplomatic tour of key Gulf nations.
Stepping off Air Force One in the Saudi capital, Trump was greeted with fanfare by Crown Prince Mohammed bin Salman, who later joined the president in signing several high-level agreements across energy, defense, mining, and infrastructure sectors.
One of the most significant developments was the U.S. agreement to sell nearly $142 billion in advanced military equipment to Saudi Arabia.
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According to a White House fact sheet, this arms deal—touted as “the largest defense cooperation agreement in U.S. history”—will benefit over a dozen American defense firms. The package spans missile defense systems, air and space technology, maritime security, and advanced communications platforms.
During the U.S.-Saudi Investment Forum, Crown Prince Mohammed announced the ambitious economic partnership: “Today, we hope for investment opportunities worth $600 billion, including $300 billion in deals signed during this forum,” the Crown Prince said. “In the coming months, we will work on a second phase to raise the total to $1 trillion.”
Saudi Arabia, already one of the United States’ top defense clients, appears eager to deepen its economic integration with Washington, particularly as part of its Vision 2030 strategy to diversify its economy beyond oil.
President Trump, visibly pleased by the outcome, remarked during his meeting with the Crown Prince: “I really believe we like each other a lot,” he said, underlining the personal rapport between the two leaders.
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The president was accompanied by a delegation of prominent American business figures, including Tesla and SpaceX CEO Elon Musk, underscoring the commercial weight of the visit.
After wrapping up his engagements in Riyadh, Trump is scheduled to continue his Gulf tour with stops in Qatar on Wednesday and the United Arab Emirates on Thursday, where more economic and strategic dialogues are expected.
This historic U.S.-Saudi agreement not only reinforces bilateral ties but also signals a major pivot toward stronger regional cooperation in defense, energy, and technological innovation.
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