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US President Trump in Saudi Arabia: Signs Number of Deals for Investments in US

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Prince Mohammed has already committed to some USD 600 billion in new Saudi investment in the U.S., but Trump teased that USD 1 trillion would be even better

(3 Minutes Read)

Prince Mohammed has already committed to some USD 600 billion in new Saudi investment in the U.S., but Trump teased that USD 1 trillion would be even better

U.S. President Donald Trump signed a host of economic and bilateral cooperation agreements in Saudi Arabia as he kicked off a four-day Middle East trip with a focus on deal-making with a key Mideast ally, while shared concerns about Iran’s nuclear program and the war in Gaza dragged on in the background.

Crown Prince Mohammed bin Salman, the Saudi de facto ruler, warmly greeted Trump as he stepped off Air Force One at King Khalid International Airport in the Saudi capital. The two leaders then retreated to a grand hall at the Riyadh airport, where Trump and his aides were served traditional Arabic coffee by waiting attendants wearing ceremonial gun belts.

They later signed more than a dozen agreements to increase cooperation between their governments’ militaries, justice departments and cultural institutions. Additional economic agreements were expected to be inked later Tuesday at a U.S.-Saudi investment conference convened for the occasion.

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Prince Mohammed has already committed to some USD 600 billion in new Saudi investment in the U.S., but Trump teased USD 1 trillion would be even better.