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Trump Secures $600 Billion Saudi Investment Pledge on Gulf Tour

US President Donald Trump and Saudi Crown Prince and Prime Minister Mohammed Bin Salman shake hands during a Memorandum of Understanding (MOU) signing ceremony at the Royal Court in Riyadh, Saudi Arabia, May 13, 2025. Photo: REUTERS/Brian Snyder
US President Donald Trump secured a $600 billion commitment from Saudi Arabia on Tuesday to invest in the United States after the oil power accorded him a gala welcome at the start of a tour of Gulf states.
Trump punched the air as he emerged from Air Force One to be greeted by Prince Mohammed bin Salman, who later signed an agreement with the president in Riyadh on energy, defense, mining, and other areas.
The US agreed to sell Saudi Arabia an arms package worth nearly $142 billion, according to a White House fact sheet that called it “the largest defense cooperation agreement” Washington has ever done.
The agreement covers deals with more than a dozen US defense companies in areas including air and missile defense, air force and space advancement, maritime security and communications, the fact sheet said.
“Today we hope for investment opportunities worth $600 billion, including deals worth $300 billion that were signed during this forum,” the Saudi crown prince said in a speech during a US-Saudi Investment Forum session held in Riyadh on the occasion of Trump‘s visit.
“We will work in the coming months on the second phase to complete deals and raise it to $1 trillion,” he said.
Saudi Arabia is one of the largest customers for US arms.
Reuters reported in April the US was poised to offer the kingdom an arms package worth well over $100 billion.
“I really believe we like each other a lot,” Trump said during a meeting with the crown prince, Saudi Arabia’s de facto ruler.
The US and Saudi Arabia had discussed Riyadh’s potential purchase of Lockheed F-35 jets, two sources briefed on discussions told Reuters, referring to a military aircraft that the kingdom is long thought to have been interested in.
It was not immediately clear whether those aircraft were covered in the deal announced on Tuesday.
Trump, who was accompanied by US business leaders including billionaire Elon Musk, will go on from Riyadh to Qatar on Wednesday and the United Arab Emirates on Thursday.
He has not scheduled a stop in Israel, a decision that has raised questions about where the close ally stands in Washington’s priorities, and the focus of the trip is on investment rather than security matters in the Middle East.
“While energy remains a cornerstone of our relationship, the investments and business opportunities in the kingdom have expanded and multiplied many, many times over,” Saudi Investment Minister Khalid al-Falih told the investment forum.
“As a result … when Saudis and Americans join forces very good things happen, more often than not great things happen when those joint ventures happen,” he said before Trump‘s arrival.
Trump told the investment forum that relations with Saudi Arabia will be even stronger.
He was shown speaking with Riyadh’s sovereign wealth fund governor Yaser al-Rumayyan, Aramco CEO Amin Nasser, and Falih as he toured a hall that showed off models for the kingdom’s flashy, multi-billion-dollar development projects.
Trump called the Saudi crown prince a friend and said they have a good relationship, according to a pool report from the Wall Street Journal, adding that Saudi investment would help create jobs in the US.
BIG INVESTMENTS
Business leaders at the investment forum included Larry Fink, the CEO of asset management firm BlackRock; Stephen A. Schwartzman, CEO of asset manager Blackstone; and Treasury Secretary Scott Bessent.
Musk chatted briefly with both Trump and the crown prince, who is otherwise known as MbS, during a palace reception for the US president. And joining Trump for a lunch with MbS were top US businessmen including Musk, the Tesla and SpaceX chief, and OpenAI CEO Sam Altman.
MbS has focused on diversifying the Saudi economy in a major reform programme dubbed Vision 2030 that includes “Giga-projects” such as NEOM, a futuristic city the size of Belgium. Oil generated 62 percent of Saudi government revenue last year.
The kingdom has scaled back some of its ambitions as rising costs and falling oil prices weigh.
Saudi Arabia and the US have maintained strong ties for decades based on an ironclad arrangement in which the kingdom delivers oil and the superpower provides security in exchange.
Trump left Israel off his schedule although he wants Israeli Prime Minister Benjamin Netanyahu to agree to a new ceasefire deal in the 19-month-old Gaza war.
Israel’s military operations against Hamas in Gaza and Hezbollah in Lebanon, and its assassinations of the two Iran-backed terrorist groups’ leaders, have at the same time given Trump more leverage by weakening Tehran and its regional allies.
US and Iranian negotiators met in Oman at the weekend to discuss a potential deal to curb Tehran’s nuclear program. Trump has threatened military action against Iran if diplomacy fails.
Trump told the investment forum he wants to offer Iran a new and better path toward a more helpful future. If no new nuclear deal is reached, he said, Tehran will face maximum pressure.
Trump‘s Middle East envoy, Steve Witkoff, said last week he expected progress imminently on expanding accords brokered by Trump in his 2017-21 first term under which Arab states including the UAE, Bahrain, and Morocco recognized Israel.
Trump said it was his “fervent hope” that Saudi Arabia would soon sign its own normalization agreement with Israel, adding, “But you’ll do it in your own time.”
Still, Netanyahu’s opposition to a permanent stop to the war in Gaza or to the creation of a Palestinian state makes progress on similar talks with the Saudis unlikely, sources told Reuters.
The post Trump Secures $600 Billion Saudi Investment Pledge on Gulf Tour first appeared on Algemeiner.com.
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Hezbollah Says Lebanon Move on Army Plan Is ‘Opportunity,’ Urges Israel to Commit to Ceasefire

Lebanese President Joseph Aoun, Prime Minister Nawaf Salam and members of the cabinet stand as they attend a cabinet session to discuss the army’s plan to disarm Hezbollah, at the Presidential Palace in Baabda, Lebanon, September 5, 2025. Photo: REUTERS/Mohamed Azakir
Hezbollah official Mahmoud Qmati told Reuters on Saturday that the group considered Friday’s cabinet session on an army plan to establish a state monopoly on arms “an opportunity to return to wisdom and reason, preventing the country from slipping into the unknown.”
Lebanon’s cabinet on Friday welcomed a plan by the army that would disarm Hezbollah and said the military would begin executing it, without setting a timeframe for implementation and cautioning that the army had limited capabilities.
But it said continued Israeli military operations in Lebanon would hamper the army’s progress. Speaking to reporters after the meeting, Lebanese information minister Paul Morcos stopped short of saying the cabinet had formally approved the plan.
Qmati told Reuters that Hezbollah had reached its assessment based on the government’s declaration on Friday that further implementation of a US roadmap on the matter was dependent on Israel’s commitment. He said that without Israel halting strikes and withdrawing its troops from southern Lebanon, Lebanon’s implementation of the plan should remain “suspended until further notice.”
Lebanon’s cabinet last month tasked the army with coming up with a plan that would establish a state monopoly on arms and approved a US roadmap aimed at disarming Hezbollah in exchange for a halt to Israeli military operations in Lebanon.
Qmati said that Hezbollah “unequivocally rejected” those two decisions and expected the Lebanese government to draw up a national defense strategy.
Israel last week signaled it would scale back its military presence in southern Lebanon if the army took action to disarm Hezbollah. Meanwhile, it has continued its strikes, killing four people on Wednesday.
A national divide over Hezbollah’s disarmament has taken center stage in Lebanon since last year’s devastating war with Israel, which upended a power balance long dominated by the Iran-backed Shi’ite Muslim group.
Lebanon is under pressure from the US, Saudi Arabia and Hezbollah’s domestic rivals to disarm the group. But Hezbollah has pushed back, saying it would be a serious misstep to even discuss disarmament while Israel continues its air strikes on Lebanon and occupies swathes of territory in the south.
Hezbollah Secretary General Naim Qassem last month raised the specter of civil war, warning the government against trying to confront the group and saying street protests were possible.
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UK Police Arrest Dozens at Latest Protest for Banned Palestine Action

Demonstrators attend the “Lift The Ban” rally organised by Defend Our Juries, challenging the British government’s proscription of “Palestine Action” under anti-terrorism laws, in Parliament Square, in London, Britain, September 6, 2025. Photo: REUTERS/Carlos Jasso
British police arrested dozens more people on Saturday under anti-terrorism laws for demonstrating in support of Palestine Action, a pro-Palestinian group banned by the government as a terrorist organization.
Britain banned Palestine Action under anti-terrorism legislation in July after some of its members broke into a Royal Air Force base and damaged military planes. The group accuses Britain’s government of complicity in what it says are Israeli war crimes in Gaza.
Police have arrested hundreds of Palestine Action supporters in recent weeks under anti-terrorism legislation, including over 500 in just one day last month, many of them over the age of 60.
On Saturday, hundreds of demonstrators gathered near parliament in central London to protest against the ban on Saturday, with many holding up signs that said: “I oppose genocide. I support Palestine Action.”
London’s Metropolitan Police said officers had begun arresting those expressing support for Palestine Action. Police did not say how many arrests were made but a Reuters witness said dozens of people were detained.
Palestine Action’s ban, or proscription, puts the group alongside al-Qaeda and ISIS and makes it a crime to support or belong to the organization, punishable by up to 14 years in prison.
“I can be unequivocal, if you show support for Palestine Action – an offense under the Terrorism Act – you will be arrested,” Met Deputy Assistant Commissioner Ade Adelekan said on Friday. “We have the officer numbers, custody capacity and all other resources to process as many people as is required.”
Human rights groups have criticized Britain’s decision to ban the group as disproportionate and say it limits the freedom of expression of peaceful protesters.
The government has accused Palestine Action of causing millions of pounds worth of criminal damage and says the ban does not prevent other pro-Palestinian protests.
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Macron’s Meeting with American Jewry ‘Won’t Happen’ Amid Palestinian Recognition Drive, Surge in Antisemitism

French President Emmanuel Macron speaks during a press conference in Paris, France, June 12, 2024. Photo: REUTERS/Stephane Mahe
i24 News – French President Emmanuel Macron attempted to set up a meeting with American Jewish leaders later this month on the sidelines of the United Nations General Assembly.
i24NEWS has learned that the meeting won’t happen, firstly because Macron was only available for the meeting ahead of the UN General Assembly during Rosh Hashanah, and yet, a person invited to meet with Macron and who has knowledge of the discussions told i24NEWS the sit-down simply wasn’t going to happen, anyway.
“I think the organizations, for the most part, would not have participated,” the person said, adding that AIPAC, the Anti-Defamation League and the American Jewish Committee would have likely received invitations, among other entities.
“The guy has a 15% popularity rating in France. It’s not our job to help him out,” the person said.
Asked by i24NEWS whether Macron’s push for greater Palestinian state recognition or his lack of action in tackling antisemitism at home led to the stance of organized American Jewry, the person said it’s more of “the climate” which allows one to say ‘Look, the American Jews met with me,’ regardless of the content.”
The person said they are sure, if a meeting would have happened, that everybody in the room would have taken a hard line with Macron, including his “statements on Israel, the failure to respond to antisemitism” and France’s announcement this summer that it will recognize a Palestinian state later this month, and is leading an effort to get more countries to do the same.
But, the person told i24NEWS they are convinced that, in the end, while no final decision actually had to be taken, there was enough pressure that a consensus would have been reached to decline the meeting.
Of the timing of Rosh Hashanah allowing for leadership to not be forced to officially say no to Macron, the person said “G-d saves us every time.”
Another source familiar with the matter noted that it cannot be ruled out that Macron may eventually succeed in arranging a meeting with certain representatives, as the organizations are not a single unified body. However, he is unlikely to be welcomed by the overwhelming majority of groups representing American Jewry.
i24NEWS has also learned that French President Emmanuel Macron explored the possibility of visiting Israel ahead of the convention, but was advised by the Prime Minister’s Office that the timing was inappropriate. The message came as Macron continues to push for recognition of a Palestinian state, a move Israel strongly opposes. Sources further told i24NEWS that Israel is weighing additional retaliatory measures against Macron, including the potential closure of the French consulate in Jerusalem, which primarily serves Palestinians in the West Bank.