Trump secures big deal with Saudi Arabia, 3 days into second term

Donald Trump News

Trump secures big deal with Saudi Arabia, 3 days into second term
Saudi Arabia
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business Insider tells the global tech, finance, stock market, media, economy, lifestyle, real estate, AI and innovative stories you want to know.

Saudi Arabia 's Crown Prince Mohammed bin Salman has told newly inaugurated President Donald Trump that his oil-rich nation will invest at least $600 billion in the US over the next four years.The crown prince told Trump about the investment during a congratulatory phone call on Wednesday evening, per a report from the state-run Saudi Press Agency published on Thursday.

'Before the end of my first full business day in Washington and the White House, we have already secured nearly $3 trillion of new investments in the United States and probably that's going to be six or seven by the end of the week,' Trump said while announcing Stargate on Tuesday, though he did not elaborate on the sources of the new investments.Later, on Wednesday, Trump made an overture to Russian President Vladimir Putin about the Ukraine war.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

Saudi Arabia

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Saudi Arabia's Non-Oil Business Sector Expands in DecemberSaudi Arabia's Non-Oil Business Sector Expands in DecemberStrong demand fueled growth in Saudi Arabia's non-oil business sector in December, according to a survey, although the pace slowed slightly from the previous month. The Riyad Bank Saudi Arabia Purchasing Managers' Index (PMI) fell to 58.4 in December from 59.0 in November, remaining above the 50.0 growth threshold. New orders continued to rise, driven by domestic demand and export growth. Cost pressures remained a concern, but business expectations for continued growth in 2025 improved.
Read more »

Trump Organization Announces New Ethics Plan to Limit Trump's Business InvolvementTrump Organization Announces New Ethics Plan to Limit Trump's Business InvolvementThe Trump Organization released a five-page white paper outlining a new ethics plan designed to minimize President-elect Donald Trump's influence over the company while he occupies the White House.
Read more »

Saudi Arabia's Neom Project Employs Robots Amid Worker Rights ConcernsSaudi Arabia's Neom Project Employs Robots Amid Worker Rights ConcernsFacing international criticism over worker safety and alleged mistreatment at its large construction sites, Saudi Arabia's Neom project is deploying robots to assist with the construction of the 'linear city' The Line. This move comes after a British documentary alleged thousands of worker deaths.
Read more »

Saudi Arabia Executes Record 330 People This YearSaudi Arabia Executes Record 330 People This YearDespite efforts to portray a more open image, Saudi Arabia has carried out a record number of executions this year, raising serious concerns about human rights.
Read more »

UFC Saudi Arabia Card Order Released With Former Champ, 9 Ranked FightersUFC Saudi Arabia Card Order Released With Former Champ, 9 Ranked FightersThe UFC is headed back to Saudi Arabia on February 1.The card features a former world champion and nine ranked fighters.
Read more »

Saudi Arabia's Bold Moves Against Global Climate ActionSaudi Arabia's Bold Moves Against Global Climate ActionSaudi Arabia's influence on international climate negotiations has come under scrutiny as the country's actions have been seen as hindering progress on crucial global issues.
Read more »



Render Time: 2025-02-27 06:46:15