APUS President Donald Trump has secured $600 billion in investment commitment from Saudi Arabia during his first state visit to the Kingdom since being elected President for a second term, the White House announced in a fact-sheet on Tuesday.
The US-Saudi deal includes $5 billion energy investment fund, $5 billion new era aerospace and defense technology fund, $4 billion enfield sports global sports fund.
"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. The first deals under the announcement strengthen our energy security, defense industry, technology leadership, and access to global infrastructure and critical minerals," the White House said in its fact-sheet.
(More to come)
The US-Saudi deal includes $5 billion energy investment fund, $5 billion new era aerospace and defense technology fund, $4 billion enfield sports global sports fund.
"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. The first deals under the announcement strengthen our energy security, defense industry, technology leadership, and access to global infrastructure and critical minerals," the White House said in its fact-sheet.
(More to come)
(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.)
Subscribe to The Economic Times Prime and read the ET ePaper online.
Read More News on
(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.)
Subscribe to The Economic Times Prime and read the ET ePaper online.
ETPrime Membership
