19 November 2025 15:11 PM
NEWS DESK
Saudi Crown Prince Mohammed bin Salman has said Riyadh will raise its planned investment in the United States from $600 billion to $1 trillion, as he seeks to bolster ties with Washington during a high-profile visit.
The pledge came as President Donald Trump hosted the crown prince at the White House, where both sides touted a series of defence, technology and energy agreements.
At a joint appearance, Mr Trump said Saudi Arabia had agreed to invest $600 billion in the US economy, while the crown prince indicated the total could be increased to around $1 trillion as additional deals are finalised.
Subsequent briefings and reports from US and Gulf outlets echoed the $1 trillion ambition tied to the new package.
Saudi officials did not immediately release a full list of projects, but earlier statements have pointed to commitments spanning nuclear energy, critical minerals, artificial intelligence and advanced manufacturing, alongside prospective defence procurement.
Princess Reema bint Bandar Al Saud, Saudi Arabia’s ambassador to the United States, hailed the meetings as an important step for the relationship, saying the new agreements would expand investment and jobs while reinforcing shared security objectives.
Analysts noted that the scale and timing of disbursements remain to be clarified, with Saudi ministers previously describing the $600 billion package as a mix of investment and procurement by public and private entities.
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