President Donald Trump recently traveled to Saudi Arabia, where he secured a $600 billion investment deal with the Kingdom. This deal has been hailed as a historic milestone for both countries and is expected to foster economic ties for generations to come.
Details of the investment package have been released by the White House, stating that Saudi Arabia has committed to investing $600 billion in the United States. The package includes private investments from Saudi firms, such as DataVolt’s $20 billion commitment to establish AI data centers and energy infrastructure in the U.S. Other partnerships between Saudi and U.S. companies, including Google, Uber, and Boeing, have also been announced, with the latter securing a $4.8 billion order for 737s from a Riyadh-based aircraft lessor.
Several American firms have also agreed to assist in Saudi infrastructure projects, such as the King Salman International Airport and Qiddiya City. The White House estimates that these projects will result in $2 billion in U.S. service exports.
However, some have noted that the listed investments lack specific details and only account for less than half of the $600 billion figure. The White House has stated that these published investments are just a few of the many transformative deals secured in Saudi Arabia.
In addition to the investments announced by the White House, several companies have also struck deals with Saudi firms during Trump’s visit. Nvidia, whose CEO met with Trump and Crown Prince Mohammed bin Salman during the Saudi-U.S. Investment Forum, will be partnering with a
