Saudi Crown Prince Promises Historic $600B Investment In US After Trump Call

Saudi Arabia’s Crown Prince Mohammed bin Salman declared plans Thursday for massive economic collaboration with the United States, pledging investments reaching $600 billion through 2029.

The commitment emerged during discussions with President Donald Trump and coincided with speculation about Trump’s potential upcoming visit to the Middle Eastern nation.

The Saudi Press Agency revealed specifics about the conversation, noting the kingdom’s dedication to strengthening business partnerships and suggesting room for growth beyond the stated figure.

“The crown prince affirmed the kingdom’s intention to broaden its investments and trade with the United States over the next four years, in the amount of $600 billion, and potentially beyond that,” according to official reports from the Saudi government.

American-Saudi relations have transformed significantly as U.S. dependence on Saudi petroleum has decreased. The kingdom’s wealth funds now hold substantial positions in U.S. corporations and sports ventures, marking a shift in economic ties between the nations.

On Monday, Trump discussed revisiting Saudi Arabia, recalling his groundbreaking 2017 trip that established a new pattern for presidential foreign travel. “If Saudi Arabia wanted to buy another $450 billion or $500 — we’ll up it for all the inflation — I think I’d probably go,” Trump said at the White House.

Saudi Arabia continues purchasing U.S. military equipment extensively, suggesting defense contracts might constitute a significant portion of future investments. The kingdom also faces substantial domestic expenses, including development of NEOM, a $500 billion city project, and preparations to host the 2034 FIFA World Cup.

The White House confirmed the leaders “discussed efforts to bring stability to the Middle East, bolster regional security and combat terrorism” during their exchange.

Relations between the nations remained steady through various challenges, including international concerns about the 2018 death of journalist Jamal Khashoggi in Istanbul.

The crown prince also connected with Secretary of State Marco Rubio early Thursday, broadening high-level communications between the countries.