US President Donald Trump on Tuesday announced a $600 billion commitment from Saudi Arabia to invest in the United States, marking what the White House described as a "new golden era" in economic relations between the two countries. The package, which includes deals spanning defence, technology, infrastructure, and energy, is being hailed as the largest commercial agreement ever recorded between the United States and Saudi Arabia. These "historic and transformative" deals will strengthen our energy security, defence industry, technology leadership, and access to global infrastructure and critical minerals." the White House said in a statement. The agreements were signed during US President Donald Trump's visit to the kingdom as part of his four-day Gulf tour. Among the key agreements: * DataVolt, a Saudi firm, plans to invest $20 billion in US-based AI data centres and energy infrastructure. * US tech giants Google, Oracle, Salesforce, AMD, and Uber are participating in joint investment initiatives valued at $80 billion across both nations. * American engineering and construction firms Hill International, Jacobs, Parsons, and AECOM will contribute to Saudi infrastructure projects valued at $2 billion in US service exports. * GE Vernova will supply gas turbines and energy technology worth $14.2 billion, while Boeing will deliver $4.8 billion worth of 737-8 aircraft to Saudi lessor AviLease. * In healthcare, Shamekh IV Solutions is investing $5.8 billion, including a high-capacity IV fluid plant in Michigan. The White House also highlighted several new sector-specific investment funds—including a $5 billion Energy Investment Fund, a $5 billion Aerospace and Defence Fund, and a $4 billion Sports Fund—all targeting US projects and job creation. In defence, the two nations signed what Trump called "the largest defence sales agreement in history," worth nearly $142 billion. The deal includes advanced air, missile, maritime, and border defence systems, alongside support, training, and military medical upgrades for the Saudi armed forces. "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 White House said, adding that the deals reflect four months of diplomatic and commercial momentum. The agreement comes amid broader US efforts to bolster strategic ties with Gulf allies and counterbalance rising geopolitical competition from China and Russia. Attribution: Amwal Al Ghad English
