Saudi Crown Prince Mohammed bin Salman has pledged a monumental $600 billion investment in the United States over the next four years, following a phone call with former President Donald Trump after his inauguration.
The crown prince, who holds de facto leadership of the world’s largest oil exporter, confirmed the commitment to significantly enhance trade and investments between the two countries.
The announcement follows close ties developed during Trump’s first term and comes as speculation grows about the potential normalization of relations between Saudi Arabia and Israel, a key foreign policy goal for the U.S.
While details on the source of the $600 billion remain unclear, the pledge marks a bold step in expanding Saudi economic ties with the U.S., with both countries set to explore new opportunities in various sectors, including AI and energy. The investment is expected to play a major role in the Kingdom’s economic diversification plans.
The pledge highlights the ongoing strengthening of relations between the U.S. and Saudi Arabia, with further investments and financial commitments anticipated over the next few years.