President Donald J. Trump has announced a significant $600 billion investment commitment from Saudi Arabia to the United States, marking a substantial development in the economic relationship between the two nations. The announcement was made during Trump's visit to Saudi Arabia and is seen as a move to strengthen ties that will benefit both countries for years to come.
The agreements reached cover various sectors, including energy security, defense, technology, infrastructure, and critical minerals. "The deals celebrated today are historic and transformative for both countries and represent a new golden era of partnership between the United States and Saudi Arabia," said President Trump.
Key investments include Saudi Arabian DataVolt's $20 billion plan for AI data centers and energy infrastructure in the U.S., while companies like Google, Oracle, Salesforce, AMD, and Uber are set to invest $80 billion in technology advancements across both nations. Additionally, American firms such as Hill International and AECOM are involved in infrastructure projects in Saudi Arabia valued at $2 billion.
In defense, a record-breaking agreement worth nearly $142 billion has been signed to provide Saudi Arabia with advanced military equipment from U.S. defense firms. This deal includes extensive training programs aimed at enhancing the capabilities of the Saudi armed forces.
The partnership also extends into healthcare with Shamekh IV Solutions planning a $5.8 billion investment in Michigan for an IV fluid facility. Moreover, several sector-specific funds have been established to channel capital into American industries.
The United States Department of Energy has signed an agreement with its Saudi counterpart focusing on innovation in energy infrastructure. Similarly, NASA has partnered with the Saudi Space Agency for a CubeSat mission aboard NASA’s Artemis II test flight.
Saudi Arabia remains one of America's largest trading partners in the Middle East with direct investments totaling $9.5 billion in 2023. In 2024, trade between the two countries amounted to $25.9 billion.
President Trump emphasized his administration's focus on securing fair trade deals that promote American prosperity: "President Trump is delivering on his promise to Make America Great Again by catalyzing investment and negotiating fair trade deals."
This new wave of agreements is part of Trump's broader strategy following similar deals secured since 2017 across various sectors with Saudi Arabia.