Saudi Arabia to Invest at Least $600 Billion in US, Crown Prince Tells Trump

Jan 23, 2025, 05:38 AM

Saudi Crown Prince Mohammed bin Salman congratulated President Donald Trump on his inauguration during a phone call, in which he informed Trump that Saudi Arabia plans to increase its investments and trade with the United States by at least $600 billion over the next four years, according to the Saudi state news agency. The Crown Prince expressed the kingdom's desire to expand its economic partnership with the United States, potentially exceeding $600 billion if additional opportunities arise. This investment represents around 55% of Saudi Arabia's GDP and aims to strengthen bilateral relations.