Trump enters new ‘strategic’ partnership with Saudi Arabia

On Tuesday, president Donald Trump signed a “strategic economic partnership” alongside Saudi Arabian Crown Prince Mohammed bin Salman.

Trump said on Tuesday that the partnership included a series of deals on energy, defense, mining and space -based agreements, which amount to $ 600 billion, and “can” help create up to two million American jobs.

It was agreed on nearly ten memoranda of understanding and intentions under the new partnership.

Trump targets huge investments on the first Middle East trip

Many of the agreements that were followed with previously specific ambitions by Washington, DC and its leaders, especially when it comes to defensive deals.

While the extent of the details of the agreements is still unclear, there were deals that were not previously established before the president’s visit to the Middle East, such as the “Cooperation Agreement” between the Kingdom of Saudi Arabia and the Smithsonian National Institute of Asian Arts, as well as an agreement that was established with the National Institute of Biological materials.

President Donald Trump, the left, will attend Saudi Crown Prince Mohammed bin Salman, a signing ceremony at the Saudi Royal Stadium on May 13, 2025 in Riyadh, Saudi Arabia. (Photography from Win McNamee / Getty Images / Getty Images)

American executives Elon Musk, Sam Al -Tamman, join Larry Fink to Trump at the Saudi Royal Court

In a statement immediately after the signing ceremony in Riyadh, the White House said, “The commitment of the Kingdom of Saudi Arabia worth $ 600 billion to invest in the United States and build economic relations that will continue for future generations.”

The largest detailed investment in the agreement included an investment of 20 billion dollars by Datavolt in the Kingdom of Saudi Arabia in artificial intelligence and energy infrastructure centers in the United States, which is an investment of $ 80 billion in “advanced transformational technologies in both countries” by Google, Datavol, Oracle, Salesforce, AMD and Uber, in addition to an interest Funny of $ 142.

Click here to get the Fox News app

According to the White House, the United States and the Kingdom of Saudi Arabia signed the largest defense sales agreement in history-approximately 142 billion dollars, providing the Kingdom of Saudi Arabia equipment and services to fight war from more than ten American defense companies. “

According to what was reported, the sale of defense will be completed in the fall, and it will include air progress and space capabilities, air and missile defense, maritime and coastal security, modernizing border security and land forces, and promotions of information and communication systems.