U.S. President Donald Trump announced during his visit to Saudi Arabia today the Kingdom’s $600 billion commitment to invest in the United States, “building economic ties that will endure for generations to come,” the White House said.
The first deals under the announcement strengthen the U.S. and Saudi Arabia’s energy security, the defense industry, technology leadership, and access to global infrastructure and critical minerals.
“Today, we reaffirm our important bond, and we take the next steps to make our relationship closer, stronger and more powerful than ever before,” said Trump at the Saudi-U.S. Investment Forum.
In the coming months, the two countries will work to raise that number to $1 trillion, Saudi Arabia’s Crown Prince told the forum.
“We meet today to deepen this strategic partnership in its various stages, from an economy based on natural resources to an economy built on diversifying sources of income, knowledge and innovation. Joint investments were one of the most important pillars of our economic relationship,” he said.
Key deals announced
In its most recent statement, the White House outlined a few deals secured in Saudi Arabia. This includes:
- Saudi Arabian DataVolt is moving forward with plans to invest $20 billion in AI data centers and energy infrastructure in the United States.
- Google, DataVolt, Oracle, Salesforce, AMD, and Uber are committing to invest $80 billion in cutting-edge transformative technologies in both countries.
- Iconic American companies, including Hill International, Jacobs, Parsons, and AECOM are building key infrastructure projects like King Salman International Airport, King Salman Park, The Vault, Qiddiya City, and much more, totaling $2 billion in U.S. services exports.
- Additional major exports include GE Vernova’s gas turbines and energy solutions totaling $14.2 billion and Boeing 737-8 passenger aircraft for AviLease totaling $4.8 billion.
In the healthcare sector, Shamekh IV Solutions, LLC will be investing $5.8 billion, including a plant in Michigan to launch a high-capacity IV fluid facility.
Investment partnerships between Saudi Arabia and the U.S. also include several sector-specific funds with a strong emphasis on U.S. deployment—such as the $5 billion Energy Investment Fund, the $5 billion New Era Aerospace and Defense Technology Fund, and the $4 billion Enfield Sports Global Sports Fund, each channeling substantial capital into American industries, driving innovation, and creating high-quality jobs across the United States.
The U.S. and Saudi Arabia also signed the largest defense sales agreement in history, valued at nearly $142 billion.
Energy cooperation expands
The White House also revealed that the U.S. Department of Energy and the Ministry of Energy of Saudi Arabia concluded an agreement for cooperation in the field of energy during Trump’s visit. This agreement builds upon their strong existing relationship; it will focus collaboration on examining the potential for innovation, development, financing and deployment of energy infrastructure.
The Ministry of Industry and Mineral Resources in Saudi Arabia and the U.S. Department of Energy have also signed a Memorandum of Cooperation to collaborate on mining and mineral resources. The agreement contributes to economic development and the diversification and resilience of critical mineral supply chains.
NASA, Saudi Space Agency join hands
During Trump’s visit, NASA and the Saudi Space Agency also signed an agreement for a CubeSat to fly on NASA’s Artemis II test flight. Saudi Arabia’s CubeSat will measure aspects of space weather at a range of distances from Earth and deploy in high Earth orbit from a spacecraft adapter on the Space Launch System rocket after the Orion spacecraft is safely flying on its own with its crew of four astronauts.
The United States and Saudi Arabia recently agreed to modernize the Air Transport Agreement to allow U.S. airlines to carry cargo between Saudi Arabia and third countries without needing to stop in the United States, an important right for cargo hub operations. Saudi carriers will have the same rights to serve the United States.
Cultural and educational ties deepen
The United States and Saudi Arabia further underscored their commitment to deeper cultural, educational, and scientific partnerships through the signing of agreements between the Smithsonian Institution’s National Museum of Asian Art and the Royal Commission for AlUla on collaborative research and an exhibition focused on artifacts from ancient Dadan in AlUla.
They also signed an agreement between the Smithsonian’s National Zoo and the Royal Commission for AlUla to support the conservation of the endangered Arabian leopard through the creation of a dedicated exhibit in Washington, D.C.
Read: Trump arrives in Saudi Arabia, kicks off Gulf tour seeking major economic deals
Saudi direct investments in U.S. hit $9.5 billion in 2023
The strategic partnership between the U.S. and Saudi Arabia has grown increasingly robust over the past eight decades since the meeting between King Abdulaziz Al Saud and President Franklin D. Roosevelt on board the USS Quincy, the 80th anniversary of which was celebrated earlier this year.
Saudi Arabia is one of the United States’ largest trading partners in the Middle East. Saudi direct investment in the United States totaled $9.5 billion in 2023, focused on the transportation, real estate and automotive sectors. In 2024, U.S.-Saudi Arabia goods trade totaled $25.9 billion, with U.S. exports at $13.2 billion, imports at $12.7 billion, and a trade surplus in goods of $443 million.
The United States and Saudi Arabia also share a commitment to deeper economic integration, underscoring the Kingdom’s pledge to expand cooperation in critical sectors such as health, energy and science.
The $600 billion in Saudi investment in the United States builds on President Trump’s record in 2017 of securing billions in commercial deals and agreements with Saudi Arabia for the defense, energy, technology and infrastructure sectors. The deepening partnership between the two nations reflects a joint vision for long-term prosperity and employment opportunities in both nations.
