Saudi Arabia and the United States have signed a historic set of agreements during the visit of former U.S. President Donald Trump to Riyadh, in the presence of Saudi Crown Prince and Prime Minister Mohammed bin Salman. The total investment value reaches approximately $600 billion, according to the White House.
These agreements cover strategic sectors such as defense, energy, space exploration, legal cooperation, and public health. A key highlight is a $142 billion defense contract that includes the supply of advanced U.S. military equipment and services to Saudi Arabia. This marks one of the largest arms deals in history.
Additional memorandums of understanding (MoUs) were signed between Saudi and U.S. ministries on cooperation in the fields of justice, disease prevention, and technological innovation. Notably, NASA and the Saudi Space Agency agreed to collaborate on the Q-Sat space weather observation project.
Other agreements include customs cooperation, a revised air transport protocol, and healthcare infrastructure development between the two countries' defense ministries. The deals signal a new era in U.S.-Saudi strategic partnership, described by the White House as "a golden chapter" in bilateral relations.
As of 2024, direct U.S. investment in Saudi Arabia reached $15.3 billion. Twenty-eight U.S.-owned factories operate in the Kingdom under Saudi Authority for Industrial Cities and Technology Zones, many in partnership with Saudi investors.
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