- Jun 16, 2023
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RIYADH, Saudi Arabia — On May 13, 2025, President Donald Trump commenced his Middle East tour with a high-profile visit to Saudi Arabia, where he was welcomed with elaborate ceremonies and announced significant bilateral agreements aimed at bolstering economic and strategic ties between the two nations.
During his meeting with Crown Prince Mohammed bin Salman, President Trump signed a "strategic economic partnership" agreement, which includes a $142 billion defense deal and a commitment from Saudi Arabia to invest $600 billion in the United States over the next four years. These investments are set to span sectors such as energy, defense, artificial intelligence, and space exploration.
At the Saudi-U.S. Investment Forum, President Trump highlighted the potential of these agreements to create up to two million jobs in the U.S. economy. The forum also featured announcements from major U.S. tech companies, including Nvidia and AMD, which will supply semiconductors to Saudi Arabia's AI initiatives.
In a notable policy shift, President Trump declared the lifting of all U.S. sanctions on Syria, expressing a desire to "give them a chance at greatness." He plans to meet with Syria's new president, Ahmad al-Sharaa, in Riyadh to discuss the future of U.S.-Syria relations.
The visit also included discussions on regional security, with President Trump urging Iran to engage in new nuclear negotiations and expressing support for a ceasefire in the ongoing Gaza conflict.
Adding a personal touch to the diplomatic visit, the Saudi government arranged for a mobile McDonald's truck to be stationed outside the Royal Court, acknowledging President Trump's known affinity for the fast-food chain.
President Trump's next stops on his Middle East tour include visits to Qatar and the United Arab Emirates, where he is expected to continue discussions on economic partnerships and regional security.
www.whitehouse.gov
During his meeting with Crown Prince Mohammed bin Salman, President Trump signed a "strategic economic partnership" agreement, which includes a $142 billion defense deal and a commitment from Saudi Arabia to invest $600 billion in the United States over the next four years. These investments are set to span sectors such as energy, defense, artificial intelligence, and space exploration.
At the Saudi-U.S. Investment Forum, President Trump highlighted the potential of these agreements to create up to two million jobs in the U.S. economy. The forum also featured announcements from major U.S. tech companies, including Nvidia and AMD, which will supply semiconductors to Saudi Arabia's AI initiatives.
In a notable policy shift, President Trump declared the lifting of all U.S. sanctions on Syria, expressing a desire to "give them a chance at greatness." He plans to meet with Syria's new president, Ahmad al-Sharaa, in Riyadh to discuss the future of U.S.-Syria relations.
The visit also included discussions on regional security, with President Trump urging Iran to engage in new nuclear negotiations and expressing support for a ceasefire in the ongoing Gaza conflict.
Adding a personal touch to the diplomatic visit, the Saudi government arranged for a mobile McDonald's truck to be stationed outside the Royal Court, acknowledging President Trump's known affinity for the fast-food chain.
President Trump's next stops on his Middle East tour include visits to Qatar and the United Arab Emirates, where he is expected to continue discussions on economic partnerships and regional security.
Fact Sheet: President Donald J. Trump Secures Historic $600 Billion Investment Commitment in Saudi Arabia
STRENGTHENING STRATEGIC PARTNERSHIPS FOR ECONOMIC PROSPERITY:Today in Saudi Arabia, President Donald J. Trump announced Saudi Arabia’s $600-billion
www.whitehouse.gov
