
News Link • Saudi Arabia
Watch Live: Trump Speaks From Saudi Arabia After Signing $600BN In Joint Deals
• Zero HedgeUpdate(1005ET): Trump said to be moments away from speaking live from Riyadh after signing hundreds of billions of dollars in US-Saudi investment deals (watch below). "U.S. and Saudi Arabia sign largest defense sales agreement in history—nearly $142 billion, part of $600 billion investment package President Trump and Saudi Crown Prince Mohammad bin Salman signed in Riyadh bringing an infusion of cash to the United States," according to a White House correspondent.
"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," a fresh White House fact sheet begins. "The first deals under the announcement strengthen our energy security, defense industry, technology leadership, and access to global infrastructure and critical minerals."
The following represent just a few of the many transformative deals secured in Saudi Arabia:
• Saudi Arabian DataVolt is moving forward with plans to invest $20 billion in AI data centers and energy infrastructure in the United States.
• Google, DataVolt, Oracle, Salesforce, AMD, and Uber are committing to invest $80 billion in cutting-edge transformative technologies in both countries.
• Iconic American companies including Hill International, Jacobs, Parsons, and AECOM are building key infrastructure projects like King Salman International Airport, King Salman Park, The Vault, Qiddiya City, and much more totaling $2 billion in U.S. services exports.
• Additional major exports include GE Vernova's gas turbines and energy solutions totaling $14.2 billion and Boeing 737-8 passenger aircraft for AviLease totaling $4.8 billion.
• In the healthcare sector, Shamekh IV Solutions, LLC will be investing $5.8 billion, including a plant in Michigan to launch a high-capacity IV fluid facility.
• Investment partnerships include several sector-specific funds with a strong emphasis on U.S. deployment—such as the $5 billion Energy Investment Fund, the $5 billion New Era Aerospace and Defense Technology Fund, and the $4 billion Enfield Sports Global Sports Fund—each channeling substantial capital into American industries, driving innovation, and creating high-quality jobs across the United States.
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If there's one thing that's clear by now, it's that Saudi Arabia and the royal family loves President Donald J. Trump.
Scenes from Saudi Arabia as Trump arrives for negotiations with leaders of the region.
— Clandestine (@WarClandestine) May 13, 2025
Huge week ahead. pic.twitter.com/QsXeHccVzD