Saudi Minister of Investment Khalid Al-Falih has revealed that the total investments and agreements between Saudi and US companies reached $575 billion, explaining that these investments include $307 billion in commitments announced during US President Donald Trump’s visit to Riyadh last May.
Moreover, he noted that an additional $267 billion in new deals emerged at the second US-Saudi Investment Forum held on Wednesday, stressing that the partnership continues to gain strength and evolves into one of the world’s most dynamic economic alliances.
New Deals Across Strategic Sectors
Al-Falih delivered his remarks during the forum’s second edition in Washington, organized by the Ministry of Investment. President Trump and Crown Prince Mohammed bin Salman attended the gathering and encouraged deeper cooperation.
The minister said the forum delivered a new wave of partnerships, agreements, and investment projects that build on the success of the inaugural event in Riyadh, adding that the agreements cover energy, AI, defense, space, finance, education, infrastructure, and healthcare.
“These investments provide American companies with valuable access to the Saudi market, one of the world’s fastest-growing economies driven by Vision 2030,” he said.
Al-Falih also stated that the deals offer Saudi companies access to cutting-edge American technology and the world’s largest consumer market. He described the moment as “the beginning of a new era of growth and innovation.”
“For nine decades, Saudi Arabia and the United States have stood together as partners in progress, and today that partnership is broader, deeper, and reinforced by the competitive strengths of both nations,” he said.
