Saudi Arabia signed $300 billion in US deals, Crown Prince Mohammed bin Salman announced at the Saudi-US Investment Forum in Riyadh. He emphasized Vision 2030’s role as a catalyst for economic growth, targeting $600 billion in investments—with ambitions to reach $1 trillion. The US remains a key partner, driving joint ventures that align with Saudi Arabia’s reform agenda and global economic integration.
US-Saudi Strategic Ties Expand Beyond Economy
The Public Investment Fund (PIF) allocates 40% of its global assets to US markets, underscoring bilateral trust. Cooperation extends beyond trade, focusing on regional stability and peacebuilding initiatives. President Trump praised Saudi leadership for balancing tradition with modernization, noting non-oil revenues now surpass oil earnings.
Trump criticized the Biden administration for delisting the Houthis, calling it a “serious mistake”. He contrasted Gulf nations’ progress with Iran’s destructive influence, stating: “Some turned deserts into farms; Iran turned farms into deserts”. Hezbollah and Iran face condemnation for destabilizing Lebanon and the broader Middle East.
Defense and Innovation Agreements Seal Partnership
Strategic pacts in energy, mining, and defense mark a historic milestone for US-Saudi collaboration. The Saudi Space Agency will partner with NASA, while defense modernization agreements prioritize military readiness. Additional deals cover mineral resources, justice cooperation, and pandemic preparedness.
Trump’s “historic” Middle East tour blends diplomacy with economic ambition, highlighting Saudi Arabia’s role in Gaza negotiations and global peace. The Crown Prince reiterated confidence in the partnership, framing it as vital to achieving Vision 2030’s transformative goals.
