On his first day in Saudi Arabia for a significant Middle East trip, President Donald Trump announced that the country will invest $600 billion in the United States. This deal, described by the White House as historic, aims to strengthen economic ties between the two nations. It is expected to have long-lasting effects on both economies.
The investment will focus on several key areas, including energy security, the defense industry, technology, and access to essential global infrastructure and minerals. The White House emphasized that these agreements mark a new era of partnership between the U.S. and Saudi Arabia, highlighting Trump’s commitment to prioritizing American economic interests.
In addition to the investment announcement, the Trump administration revealed the largest defense sales agreement in history, valued at $142 billion. This deal will enhance Saudi Arabia’s air force and space capabilities, improve missile defense, and modernize land forces, among other advancements.
Initial investments include a $20 billion commitment from Saudi company DataVolt for AI data centers and energy infrastructure in the U.S. Another firm, Shamekh IV Solutions, will invest $5.8 billion, focusing on a high-capacity IV fluid facility in Michigan. Major American tech companies like Google, Oracle, Salesforce, and Uber have also pledged $80 billion towards innovative technologies in both countries.
American businesses are set to increase exports to Saudi Arabia and invest in infrastructure projects worth $2 billion. They will also build over $14 billion in gas turbines and energy solutions. Boeing is expected to manufacture nearly $5 billion worth of 737-8 passenger aircraft for a Saudi company.
The total investment package has quickly grown to over $600 billion, marking the largest set of commercial agreements ever made between the U.S. and Saudi Arabia. This includes several funds aimed at supporting American industries, such as a $5 billion Energy Investment Fund and a $4 billion sports fund.
Saudi Arabia is a key trading partner for the U.S. in the Middle East. In 2024, the U.S. exported $13.2 billion worth of goods to Saudi Arabia while importing $12.7 billion, resulting in a trade surplus of $443 million.
During his first term, Trump built strong relationships with Gulf states, leading to the Abraham Accords, which normalized relations between Israel and several Arab nations. Trump has shown interest in expanding this agreement to include Saudi Arabia, although current conflicts in the region pose challenges to these efforts.