Trump, Saudi Arabia Sign $600 Billion Investment Deal
President Donald Trump and Saudi Arabia reached a $600 billion investment deal.
“Today in Saudi Arabia, President Donald J. Trump announced Saudi Arabia’s $600-billion commitment to invest in the United States, building economic ties that will endure for generations to come,” according to the White House. “The first deals under the announcement strengthen our energy security, defense industry, technology leadership, and access to global infrastructure and critical minerals.”
The deals include:
- Saudi Arabian DataVolt is moving forward with plans to invest $20 billion in AI data centers and energy infrastructure in the United States.
- Google, DataVolt, Oracle, Salesforce, AMD, and Uber are committing to invest $80 billion in cutting-edge transformative technologies in both countries.
- Iconic American companies including Hill International, Jacobs, Parsons, and AECOM are building key infrastructure projects like King Salman International Airport, King Salman Park, The Vault, Qiddiya City, and much more totaling $2 billion in U.S. services exports.
- Additional major exports include GE Vernova’s gas turbines and energy solutions totaling $14.2 billion and Boeing 737-8 passenger aircraft for AviLease totaling $4.8 billion.
- In the healthcare sector, Shamekh IV Solutions, LLC will be investing $5.8 billion, including a plant in Michigan to launch a high-capacity IV fluid facility.
- Investment partnerships include several sector-specific funds with a strong emphasis on U.S. deployment—such as the $5 billion Energy Investment Fund, the $5 billion New Era Aerospace and Defense Technology Fund, and the $4 billion Enfield Sports Global Sports Fund—each channeling substantial capital into American industries, driving innovation, and creating high-quality jobs across the United States.
The energy departments will work together regarding, well, energy. The announcement didn’t contain details except that the two departments “will focus collaboration on examining the potential for innovation, development, financing, and deployment of energy infrastructure.”
The Department of Energy will also work with the mineral department in Saudi Arabia “to collaborate on mining and mineral resources.” I wonder if it is similar to the deal we signed with Ukraine.
Also:
- NASA and the Saudi Space Agency have signed an agreement for a CubeSat to fly on NASA’s Artemis II test flight. Saudi Arabia’s CubeSat will measure aspects of space weather at a range of distances from Earth and deploy in high Earth orbit from a spacecraft adapter on the Space Launch System rocket after the Orion spacecraft is safely flying on its own with its crew of four astronauts.
- The United States and Saudi Arabia recently agreed to modernize the Air Transport Agreement to allow U.S. airlines to carry cargo between Saudi Arabia and third countries without needing to stop in the United States, an important right for cargo hub operations. Saudi carriers will have the same rights to serve the United States.
Saudi Arabia will also bring the endangered Arabian leopard to the Smithsonian’s National Zoo.
I’m all for more cats!
I find this odd…except, I guess, Saudi Arabia and Iran don’t get along.
We’re giving the country $142 billion worth of “warfighting equipment and services from over a dozen U.S. defense firms.”
Trump will also visit Qatar and the United Arab Emirates, where he’s expected to announce more business deals.
I just…blah. The closeness with these countries is just too much, especially Qatar.
They violate human rights every day.
They don’t like us. They don’t like Israel.
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