Saudi Crown Prince visits the U.S. for the first time in seven years, presents "big gift" to Trump, confirming an increase in investment in the U.S. to $1 trillion

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2025.11.18 17:37
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1 trillion US dollars is equivalent to Saudi Arabia's annual GDP. When asked whether the investment commitments can be fulfilled at the current oil price levels, Saudi Crown Prince Mohammed stated that Saudi Arabia is not fabricating to please the United States; these are real opportunities. He cited AI chips as an example, stating that Saudi Arabia has a huge demand for computing power. The White House stated that the investment agreement includes nearly 142 billion US dollars in sales of American defense equipment; Saudi companies will also purchase 14.2 billion US dollars in manufacturing equipment from American companies, and Boeing will export 4.8 billion US dollars worth of 737-8 aircraft; companies like Google and Oracle will invest 80 billion US dollars in cutting-edge technology in both countries. The US Secretary of State stated that a decision on issuing Saudi chip export licenses may be announced on Tuesday