Trump Secures ‘Historic’ Investment Deal From Saudi Arabia On First Day Of Middle East Trip

Shortly after arriving in Saudi Arabia on the first day of his high-stakes Middle East trip, President Donald Trump announced that Saudi Arabia committed to investing $600 billion in the United States.

“President Trump is the dealmaker in chief, and he has once again secured a historic deal that strengthens America’s economic dominance and global influence,” the White House said in a statement, adding that the investment will build “economic ties that will endure for generations to come.”

The investment will initially focus on deals that strengthen energy security, the defense industry, technology leadership, and access to global infrastructure and critical minerals.

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“The deals celebrated today are historic and transformative for both countries and represent a new golden era of partnership between the United States and Saudi Arabia,” the White House said. “From day one, President Trump’s America First Trade and Investment Policy has put the American economy, the American worker, and our national security first.”

The Trump administration also announced that the two countries signed the largest defense sales agreement in history, totaling $142 billion, providing Saudi Arabia with air force advancement and space capabilities, air and missile defense, maritime and coastal security, border security and land forces modernization, and information and communication systems.

The first deals in the investment include Saudi company DataVolt investing $20 billion in AI data centers and energy infrastructure in the United States, and Shamekh IV Solutions, LLC will invest $5.8 billion, including in a Michigan high-capacity IV fluid facility. Other multinational companies, including Google, Oracle, Salesforce, and Uber, have committed to investing $80 billion in “cutting-edge transformative technologies” in both the United States and Saudi Arabia.

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American companies are expected to boost exports to Saudi Arabia and build $2 billion worth of infrastructure in the country. American companies are also slated to build over $14 billion in gas turbines and energy solutions, and Boeing will manufacture nearly $5 billion of 737-8 passenger aircraft for the Saudi company AviLease.

“The United States and Saudi Arabia celebrate these and many other deals today as a result of the growing momentum of the last four months,” the White House said. “The total package has quickly built to more than $600 billion–the largest set of commercial agreements on record between the two countries.”

Investment partnerships will include several sector-specific funds with a strong emphasis on American 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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Saudi Arabia is one of the United States’ largest trading partners in the Middle East, with the United States exporting $13.2 billion in goods in 2024 and importing $12.7 billion from Saudi Arabia, making a trade surplus of $443 million.

During his first term, Trump built strong ties with several Gulf states, which led to the signing of the Abraham Accords between the UAE, Israel, and Bahrain. Trump has expressed interest in expanding the agreement to include Saudi Arabia, but the ongoing war in Israel has complicated those efforts.

Zelensky Asks Trump To Join Russia-Ukraine Peace Talks In Turkey

Ukrainian President Volodymyr Zelensky has invited President Donald Trump to join in peace talks with Russia later this week.

Officials from Ukraine and Russia are expected to meet in Turkey on Thursday to begin peace talks to end the war in Ukraine. Ahead of the summit, Zelensky posted on social media that Russian President Vladimir Putin had rejected offers of a ceasefire.

“Ukraine has always supported diplomacy. I am ready to come to Türkiye. Unfortunately, the world still has not received a clear response from Russia to the numerous proposals for a ceasefire,” Zelensky wrote in a post on X. “[Turkish President Recep Tayyip Erdoğan] has expressed full readiness to host the meeting. It is important that President Trump fully supports the meeting, and we would like him to find an opportunity to come to Türkiye.”

Ukraine has always supported diplomacy. I am ready to come to Türkiye. Unfortunately, the world still has not received a clear response from Russia to the numerous proposals for a ceasefire.

Russian shelling and assaults continue. Moscow has remained silent all day regarding the… pic.twitter.com/4AGiLX5Sdf

— Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) May 12, 2025

Asked earlier on Monday about whether he would attend the peace talks, Trump said he might attend if his presence is needed to move the negotiations forward.

“I think you may have a good result out of the Thursday meeting in Turkey between Russia and Ukraine,” Trump said. “I was thinking about flying over. I don’t know where I’m going to be on Thursday – I’ve got so many meetings. But I was actually thinking about flying over there. There’s a possibility if I think things can happen. But we got to get it done.”

Putin and Zelensky agreed to meet in Turkey for peace talks after Putin rejected another offer from Ukraine for a 30-day ceasefire over the weekend. Putin countered the offer with a restart to peace talks, with Turkey’s Erdoğan as host. Trump took to Truth Social to push Zelensky to accept the offer.

“Ukraine should agree to this, IMMEDIATELY,” Trump posted. “At least they will be able to determine whether or not a deal is possible, and if it is not, European leaders, and the U.S., will know where everything stands, and can proceed accordingly!”

Trump appeared to warn Putin in the message, as well.

“I’m starting to doubt that Ukraine will make a deal with Putin, who’s too busy celebrating the Victory of World War II, which could not have been won (not even close!) without the United States of America,” Trump said. The president has previously expressed frustration at Moscow for appearing recalcitrant in making progress toward peace.

Last week, Trump pushed for a 30-day ceasefire in fighting and suggested that the United States and its allies may punish the offending party with sanctions if no ceasefire is agreed to.

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