Trump secures $600 bn Saudi investment pledge, finalises record $142 bn arms deal
- Posted on May 14, 2025
- By Business News Today
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Trump secures $600 bn Saudi investment pledge, finalises record $142 bn arms deal

U.S. President Donald Trump secured a $600-billion investment pledge from Saudi Arabia on Tuesday, as the oil power rolled out the purple carpet for him at the start of his first official overseas trip since returning to the White House. Riyadh is his first stop on a tour of wealthy Gulf states aimed at drumming up trillions of dollars in investments."...we've had a tremendous relationship over the years..."During a meeting with Crown Prince Mohammed bin Salman, also known as MbS, Trump hailed their relationship and praised him as "wise."