Saudi Arabia is expanding its investments in the United States significantly. Crown Prince Mohammed bin Salman (MBS) announced that the country’s U.S. investments will rise from 600 billion dollars to nearly 1 trillion dollars.
The report was published Wednesday (19 November) by Anadolu Agency.
On Tuesday, standing beside President Donald Trump at the White House in Washington, Mohammed bin Salman told journalists, “I think today or tomorrow we will be able to announce that we are increasing this actual investment from 600 billion dollars to nearly 1 trillion dollars.”
MBS said that the two countries will sign multiple agreements across various sectors—from technology and artificial intelligence (AI) to other key industries—which will “create major investment opportunities.”
Trump, appearing somewhat surprised, asked, “So you’re saying the 600 billion will become 1 trillion?”
MBS replied, “Absolutely, because the deals we are making today will enable this increased investment.”
President Trump thanked the Crown Prince, saying, “I want to thank you for agreeing to invest 600 billion dollars in the United States. And since he is my friend, it might even become 1 trillion—but I’ll have to work on that a little.”
He added, “We can definitely count on the 600 billion, but the figure may climb a bit higher.”
Saudi Arabia’s U.S. ambassador, Princess Reema bint Bandar Al Saud, described the meeting between President Trump and Crown Prince Mohammed bin Salman as “an important day for Saudi-U.S. relations.”
She said that the two countries signed several major bilateral agreements, though she did not detail them.
“These agreements will boost investments between the two countries, create jobs for Saudi and American citizens, and further strengthen our shared commitment to regional and global security,” she added.