Today, President Trump and the Saudi Crown Prince signed an economic agreement, which will result in over $600 BILLION in Saudi investment in the United States, as U.S. business executives made their own set of deals at a conference in the backdrop of Trump’s visit to Riyadh, the first stop on his four-day tour of the Middle East.
Saudis gave President Trump a 21-gun salute as he arrived at the Riyadh airport, this time on a purple carpet and without First Lady Melania Trump, who was on the 2017 trip with us.
— Jennifer Jacobs (@JenniferJJacobs) May 13, 2025
Trump and Crown Prince MBS strolled inside the Royal Terminal with Howard Lutnick, Marco Rubio,… pic.twitter.com/eSRoYFlnpn
BREAKING 🚨 Saudi Arabia’s F-15’s jets providing an honorary escort for Trump on Air Force One 🔥
— MAGA Voice (@MAGAVoice) May 13, 2025
AMERICA IS BACK AND RESPECTED AGAIN
THIS IS EPIC
pic.twitter.com/D0zE02niEA
This massive top-tier, purple carpet welcome is in stark contrast to that received by Joe Biden, who instead of the Crown Prince, was met by the governor of Mecca city and his staff.
🚨 NOW: President Trump and Saudi Crown Prince sign an economic agreement, which will result in over $600 BILLION in Saudi investment in the United States
— Nick Sortor (@nicksortor) May 13, 2025
LFG! 🔥🇺🇸 pic.twitter.com/rmyYKtQmXY
The meeting today included signing trade agreements. The $600 billion in Saudi investment in the United States builds on President Trump’s record in 2017 of securing billions in commercial deals and agreements with Saudi Arabia for the defense, energy, technology, and infrastructure sectors.
Coinciding with Trump’s visit, U.S. billionaires, including Elon Musk, OpenAI’s Sam Altman, Palantir’s Alex Karp and BlackRock’s Larry Fink attended the U.S.-Saudi Investment Forum, where organizers said 145 deals worth more than $300 billion have been signed, including a deal for Nvidia to sell 18,000 AI chips to the new Saudi-backed company Humain, and Saudi approval of Musk’s Starlink. Forbes
FACT SHEET HERE: https://www.whitehouse.gov/fact-sheets/2025/05/fact-sheet-president-donald-j-trump-secures-historic-600-billion-investment-commitment-in-saudi-arabia