Saudi Crown Prince Mohammed bin Salman pledged to raise planned U.S. investments to nearly $1 trillion over the next year, up from $600 billion, calling the funds “real investment” for plants, companies and financial markets.
MBS said, “We are going to announce that we are going to increase that, that $600 billion to almost $1 trillion of investment, real investment and real opportunity in many areas.”
During his Washington visit, which warmed U.S.-Saudi ties, he met leaders and business executives and secured a U.S.-Saudi nuclear cooperation pact that excludes enrichment.
They announced 17 Aramco deals worth over $30 billion, a critical-minerals framework including a rare-earths refinery project, and an AI memorandum that involves Nvidia supercomputers.
They signed a strategic defense agreement that facilitates arms cooperation, with the U.S. approving future F-35 sales and Saudi purchases of 300 tanks, and advanced accords on trade, capital markets and financial cooperation.
Trump responded, “You know, that’s great. I appreciate that. That’s great. We’re doing numbers that nobody’s ever done. And in all fairness, if you didn’t see potential in the U.S, you wouldn’t be doing it.” He added, “That means investments in plants, in companies, money on Wall Street. And what it really means for everybody, what really counts is jobs. A lot of jobs. We have a lot of jobs.”
