{"id":17378,"date":"2025-05-13T16:34:31","date_gmt":"2025-05-13T16:34:31","guid":{"rendered":"https:\/\/www.watanserb.com\/en\/?p=17378"},"modified":"2025-05-13T16:35:03","modified_gmt":"2025-05-13T16:35:03","slug":"trump-secures-600-billion-saudi-investment-as-u-s-gulf-business-forum-kicks-off-in-riyadh","status":"publish","type":"post","link":"https:\/\/www.watanserb.com\/en\/2025\/05\/13\/trump-secures-600-billion-saudi-investment-as-u-s-gulf-business-forum-kicks-off-in-riyadh\/","title":{"rendered":"Trump Secures $600 Billion Saudi Investment as U.S.-Gulf Business Forum Kicks Off in Riyadh"},"content":{"rendered":"<p><em><strong>Watan<\/strong><\/em>-U.S. President Donald Trump began his Gulf tour with major economic gains, starting in Saudi Arabia where the White House announced a $600 billion investment pledge by Riyadh into the U.S. economy. In addition, both countries signed a $142 billion defense sales agreement and discussed the potential sale of F-35 fighter jets to Saudi Arabia.<\/p>\n<p class=\"\" data-start=\"1044\" data-end=\"1391\">This announcement coincides with Trump\u2019s regional tour, which also includes Qatar and the UAE. Saudi Crown Prince Mohammed bin Salman had previously pledged the $600 billion investment in January. Responding at the time, Trump said: \u201cHe\u2019s a great man. I\u2019ll ask him to raise it to a trillion\u2014I think they will because we\u2019ve treated them very well.\u201d<\/p>\n<p class=\"\" data-start=\"1393\" data-end=\"1727\">During today&#8217;s summit in Riyadh, under opulent chandeliers, Trump welcomed the investment pledge, humorously insisting it should hit the $1 trillion mark. &#8220;We have the biggest business leaders in the world here today\u2014and they\u2019ll be leaving with many signed checks,&#8221; Trump said, estimating the deals could create two million U.S. jobs.<\/p>\n<h3 data-start=\"1729\" data-end=\"1978\"><strong data-start=\"1729\" data-end=\"1781\">U.S.-Saudi Investment Forum 2025 Opens in Riyadh<\/strong><\/h3>\n<p class=\"\" data-start=\"1729\" data-end=\"1978\">A high-profile welcome ceremony was held, with Saudi royals and business leaders greeting Trump and MBS. Among them was Tesla and X CEO Elon Musk, who appeared in formal attire\u2014an unusual sight.<\/p>\n<figure id=\"attachment_17273\" aria-describedby=\"caption-attachment-17273\" style=\"width: 1024px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\"wp-image-17273 size-large\" src=\"https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2025\/05\/Sans-999999-1024x576.jpg\" alt=\"Trump Saudi visit 2025\" width=\"1024\" height=\"576\" srcset=\"https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2025\/05\/Sans-999999-1024x576.jpg 1024w, https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2025\/05\/Sans-999999-300x169.jpg 300w, https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2025\/05\/Sans-999999-768x432.jpg 768w, https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2025\/05\/Sans-999999-390x220.jpg 390w, https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2025\/05\/Sans-999999.jpg 1155w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-17273\" class=\"wp-caption-text\">President Donald Trump lands in Riyadh for a high-stakes visit aimed at securing $1 trillion in Saudi investments<\/figcaption><\/figure>\n<h3 data-start=\"1980\" data-end=\"2265\"><strong data-start=\"1980\" data-end=\"2022\">Strategic Partnership Agreement Signed<\/strong><\/h3>\n<p class=\"\" data-start=\"1980\" data-end=\"2265\">Shortly after, Trump and MBS signed a \u201cStrategic Economic Partnership,\u201d including undisclosed memoranda in defense and energy. It also covers technological cooperation and economic planning, aimed at strengthening ties across vital sectors.<\/p>\n<p class=\"\" data-start=\"2267\" data-end=\"2300\">Additional agreements included:<\/p>\n<ul data-start=\"2301\" data-end=\"2812\">\n<li class=\"\" data-start=\"2301\" data-end=\"2377\">\n<p class=\"\" data-start=\"2303\" data-end=\"2377\">A memorandum in <strong data-start=\"2319\" data-end=\"2329\">energy<\/strong> to boost sustainable tech and supply security<\/p>\n<\/li>\n<li class=\"\" data-start=\"2378\" data-end=\"2453\">\n<p class=\"\" data-start=\"2380\" data-end=\"2453\">An executive agreement for <strong data-start=\"2407\" data-end=\"2428\">space cooperation<\/strong> in R&amp;D and exploration<\/p>\n<\/li>\n<li class=\"\" data-start=\"2454\" data-end=\"2530\">\n<p class=\"\" data-start=\"2456\" data-end=\"2530\">A <strong data-start=\"2458\" data-end=\"2493\">revised air transport agreement<\/strong> to modernize air travel frameworks<\/p>\n<\/li>\n<li class=\"\" data-start=\"2531\" data-end=\"2596\">\n<p class=\"\" data-start=\"2533\" data-end=\"2596\">Several <strong data-start=\"2541\" data-end=\"2594\">MOUs in cybersecurity, defense innovation, and AI<\/strong><\/p>\n<\/li>\n<li class=\"\" data-start=\"2597\" data-end=\"2663\">\n<p class=\"\" data-start=\"2599\" data-end=\"2663\">A <strong data-start=\"2601\" data-end=\"2615\">mining MOU<\/strong> to enhance investments and knowledge transfer<\/p>\n<\/li>\n<li class=\"\" data-start=\"2664\" data-end=\"2731\">\n<p class=\"\" data-start=\"2666\" data-end=\"2731\">A <strong data-start=\"2668\" data-end=\"2697\">defense upgrade agreement<\/strong> to modernize Saudi armed forces<\/p>\n<\/li>\n<li class=\"\" data-start=\"2732\" data-end=\"2812\">\n<p class=\"\" data-start=\"2734\" data-end=\"2812\">Health-sector MOUs supporting pharmaceutical innovation and medical research<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"2814\" data-end=\"3050\"><strong data-start=\"2814\" data-end=\"2855\">Trump\u2019s Gulf Tour Focuses on Business<\/strong><\/h3>\n<p class=\"\" data-start=\"2814\" data-end=\"3050\">According to the Atlantic Council\u2019s Daniel Shapiro, Trump\u2019s focus is on closing business deals: attracting Gulf wealth into the U.S., enhancing energy cooperation, and pushing AI coordination.<\/p>\n<p class=\"\" data-start=\"3052\" data-end=\"3221\">Saudi Arabia, Qatar, and the UAE are expected to roll out the red carpet for the 78-year-old billionaire, with deals spanning aviation, defense, energy, AI, and finance.<\/p>\n<figure id=\"attachment_9625\" aria-describedby=\"caption-attachment-9625\" style=\"width: 1024px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\"wp-image-9625 size-large\" src=\"https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2024\/04\/Donald-Trump-and-Bin-Selmane-1024x694.jpg\" alt=\"U.S.-Saudi relations\" width=\"1024\" height=\"694\" srcset=\"https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2024\/04\/Donald-Trump-and-Bin-Selmane-1024x694.jpg 1024w, https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2024\/04\/Donald-Trump-and-Bin-Selmane-220x150.jpg 220w, https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2024\/04\/Donald-Trump-and-Bin-Selmane-300x203.jpg 300w, https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2024\/04\/Donald-Trump-and-Bin-Selmane-768x521.jpg 768w, https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2024\/04\/Donald-Trump-and-Bin-Selmane-1536x1042.jpg 1536w, https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2024\/04\/Donald-Trump-and-Bin-Selmane-150x102.jpg 150w, https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2024\/04\/Donald-Trump-and-Bin-Selmane-450x305.jpg 450w, https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2024\/04\/Donald-Trump-and-Bin-Selmane-1200x814.jpg 1200w, https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2024\/04\/Donald-Trump-and-Bin-Selmane.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-9625\" class=\"wp-caption-text\">Donald Trump and Mohammed bin Salman<\/figcaption><\/figure>\n<h3 data-start=\"3223\" data-end=\"3423\"><strong data-start=\"3223\" data-end=\"3258\">Saudi Military-Industrial Boost<\/strong><\/h3>\n<p class=\"\" data-start=\"3223\" data-end=\"3423\">On Tuesday, Saudi company Life Shield signed a $500 million agreement with Colt International to manufacture and localize light and medium weapons in the Kingdom.<\/p>\n<p class=\"\" data-start=\"3425\" data-end=\"3605\">Saudi media expect <strong data-start=\"3444\" data-end=\"3461\">35 agreements<\/strong> to be signed across <strong data-start=\"3482\" data-end=\"3497\">six sectors<\/strong>, including AI, transportation, health, finance, and possibly nuclear fuel enrichment\u2014under U.S. monitoring.<\/p>\n<h3 data-start=\"3607\" data-end=\"3830\"><strong data-start=\"3607\" data-end=\"3653\">U.S. Corporate Giants Join Trump in Riyadh<\/strong><\/h3>\n<p class=\"\" data-start=\"3607\" data-end=\"3830\"><a href=\"https:\/\/www.watanserb.com\/en\/2025\/05\/04\/trump-to-meet-gulf-leaders-in-riyadh-to-boost-political-and-economic-ties\/\">Trump<\/a> is accompanied by CEOs of U.S. firms with a collective market value of $7.88 trillion. Saudi news channel Al-Ikhbariya highlighted names like Nvidia, Amazon, and Tesla.<\/p>\n<p class=\"\" data-start=\"3832\" data-end=\"4115\">Boeing\u2019s regional head, Kirk Schultz, emphasized the partnership goes beyond aircraft supply\u2014it includes job creation through localization. Saudi Arabia already holds the largest F-15 fleet outside the U.S., and Apache 64-H helicopters, showcasing the deep Boeing-Saudi defense ties.<\/p>\n<h3 data-start=\"4117\" data-end=\"4298\"><strong data-start=\"4117\" data-end=\"4155\">Autonomous Driving in Saudi Arabia<\/strong><\/h3>\n<p class=\"\" data-start=\"4117\" data-end=\"4298\">Uber CEO Dara Khosrowshahi stated the company is in talks with Saudi partners and ministries to introduce <strong data-start=\"4264\" data-end=\"4287\">autonomous vehicles<\/strong> this year.<\/p>\n<p class=\"\" data-start=\"4300\" data-end=\"4548\"><strong data-start=\"4300\" data-end=\"4328\">Aramco&#8217;s Major Expansion<\/strong><br data-start=\"4328\" data-end=\"4331\" \/>Aramco CEO Amin Nasser announced a $3.4 billion expansion of the company\u2019s U.S. refinery and revealed a deal with <strong data-start=\"4445\" data-end=\"4455\">Sempra<\/strong> to supply 6.2 million tons of <strong data-start=\"4486\" data-end=\"4502\">LNG annually<\/strong>\u2014solidifying Aramco\u2019s U.S. strategic presence.<\/p>\n<p class=\"\" data-start=\"4550\" data-end=\"4754\">Nasser confirmed multiple upcoming deals with American partners, aligned with Aramco\u2019s long-term strategy to reinforce global energy security and diversify investments in <strong data-start=\"4721\" data-end=\"4753\">natural gas and clean energy<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Watan-U.S. President Donald Trump began his Gulf tour with major economic gains, starting in Saudi Arabia where the White House announced a $600 billion investment pledge by Riyadh into the U.S. economy. In addition, both countries signed a $142 billion defense sales agreement and discussed the potential sale of F-35 fighter jets to Saudi Arabia. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":17379,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1771,135,71,5409],"class_list":["post-17378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-donald-trump","tag-qatar","tag-saudi-arabia","tag-u-s-saudi-investment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Trump Secures $600 Billion Saudi Investment as U.S.-Gulf Business Forum Kicks Off in Riyadh - Watan<\/title>\n<meta name=\"description\" content=\"U.S. President Donald Trump launches his Gulf tour in Riyadh with a landmark $600 billion 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