President Trump Secures $600 Billion Investment Commitment From Saudi Arabia

President Donald J. Trump announced a $600-billion investment from Saudi Arabia into the U.S., aimed at strengthening economic ties across energy, defense, technology, and infrastructure. Key deals include, as per the White House’s press release: 

• Technology & AI: Google, DataVolt, Oracle, Salesforce, AMD, and Uber are committing to invest $80 billion in cutting-edge transformative technologies in both countries. Saudi Arabian DataVolt is moving forward with plans to invest $20 billion in AI data centers and energy infrastructure in the United States.
• Infrastructure: $2 billion in U.S. services exports for projects like King Salman International Airport by companies like Hill International and AECOM.
• Energy & Aerospace: $14.2 billion for GE Vernova’s gas turbines; and $4.8 billion for Boeing 737-8 aircraft.
• Healthcare: $5.8 billion from Shamekh IV Solutions for a high-capacity IV fluid facility in Michigan.
• Investment Funds: $5 billion Energy Investment Fund, $5 billion Aerospace and Defense Fund, and $4 billion Sports Fund to drive U.S. innovation and jobs.
• Defense: A historic $142 billion defense sales agreement, the largest in U.S. history, covering air force, missile defense, maritime security, and more, with extensive training for Saudi forces.

This builds on an 80-year U.S.-Saudi partnership, with 2024 trade at $25.9 billion and Saudi investments in the U.S. at $9.5 billion in 2023. 

Additional agreements enhance cooperation in energy, mining, space (NASA-Saudi CubeSat), aviation, and cultural exchanges (Smithsonian and AlUla).

This comes following an agreement between the U.S. and China to drastically reduce tariffs yesterday, and a trade deal with the U.K. last week.