Trump and Saudi Arabia Sign $600 Billion Economic Deal

Former President Donald Trump and Saudi Crown Prince Mohammed bin Salman (MbS) recently signed a massive $600 billion economic agreement during Trump’s visit to Saudi Arabia. The deal focuses on partnerships in energy, mining, defense, and other major industries.

Big Business Between Two Countries

The agreement includes more than a dozen deals to strengthen economic ties between the United States and Saudi Arabia. These agreements are meant to boost cooperation in areas like:

• Energy production

• Mining operations

• Defense industry investments

• Cultural and legal partnerships

An even larger investment could be on the way. Prince Mohammed has already committed to putting $600 billion into U.S. projects, but Trump hinted that $1 trillion in investment would be even better.

Business Leaders Join the Celebration

The signing of the agreement wasn’t just a political event — it was also a major moment for global business. Top business executives like Elon Musk (Tesla and SpaceX), Stephen Schwarzman (Blackstone), and Larry Fink (BlackRock) were seen at the event. These leaders gathered with Trump and Prince Mohammed to celebrate and talk about new opportunities.

Later, a U.S.-Saudi investment conference was held to discuss future projects. More deals were expected to be announced, especially in areas like artificial intelligence, technology, and infrastructure.

Oil and Energy Play a Big Role

Energy was a key topic. Saudi Arabia, a major oil producer, has been increasing its oil output. Trump supports this because lower oil prices can help reduce inflation in the U.S. and make everyday goods cheaper.

However, Saudi Arabia needs oil prices to stay high — around $96 to $98 a barrel — to balance its own budget. At the time of the visit, oil prices had fallen to about $65 a barrel. This creates a challenge: while the U.S. wants cheap energy, Saudi Arabia needs higher prices to support its economy.

Trump’s Business Ties in the Region

Trump’s trip also included visits to Qatar and the United Arab Emirates — countries where the Trump Organization is working on real estate projects like luxury hotels, golf courses, and high-rise towers. These visits combined international politics with personal business interests.

Overall, Trump used the trip to show that his deal-focused approach to foreign relations could bring big economic benefits to the U.S.

General informational content only. Not tax, legal, or investment advice. Consult a financial professional before making investment decisions. Conduct due diligence. All investments involve risk, including potential loss of principal.