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

May 13, 2025 08:13 AM PDT | By Invezz

Trump in Saudi Arabia: Riyadh pledges $600 billion investment in US — Image source: Invezz

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.

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THE TRUMP EFFECT💰 $600,000,000,000 President Donald J. Trump Secures Historic $600 Billion Investment Commitment in Saudi Arabia

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8:23 PM · May 13, 2025

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.

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