Saudi Crown Prince Mohammed bin Salman told President Donald Trump at the White House on Tuesday that the Kingdom plans to raise its investments in the United States to a staggering one trillion dollars.
Kabul 24: During the Oval Office meeting, Trump asked the crown prince to confirm the figure. “Absolutely,” MBS replied with a smile. Trump immediately responded: “That’s fantastic!”The U.S. president recalled that during his 2017 visit to Riyadh, Saudi Arabia had already pledged $600 billion in investments and deals.
The new commitment effectively doubles that amount.A reporter in the room challenged the crown prince: “Oil is now around $60 a barrel, down from $80 earlier this year.
Can Saudi Arabia really afford a trillion-dollar investment spree in America?”MBS answered confidently: “We don’t create fake opportunities just to please America or President Trump.
These opportunities are real.” He pointed to artificial intelligence chips as a prime example, explaining that Saudi Arabia has massive demand for computing power.
“Partnering with American companies meets our needs and creates huge profits for the U.S. economy at the same time,” he said.President Trump called Saudi Arabia “a great ally – one of the best” and, for the first time since returning to office, announced that he will approve the sale of advanced F-35 fighter jets to Riyadh – a deal blocked under the Biden administration over human-rights concerns.“Saudi Arabia has a lot of money, and they spend it very well – especially when they spend it with us!” Trump added.Tuesday’s meeting marks a new chapter in U.S.–Saudi relations after the 2024 election.
Both leaders are eager to expand economic and military ties, particularly to counter Iran’s influence in the region.Analysts say the promised trillion-dollar package – if realized – would be the largest single foreign investment commitment in U.S. history.
It is expected to flow primarily into artificial intelligence, clean energy, infrastructure, defense, and technology sectors.The announcement underscores the rapid warming of ties between Washington and Riyadh under the second Trump administration.
