Saudi Arabia Will Invest $600 Billion in US, Crown Prince Tells Trump

President Donald Trump said he might ask Saudi Arabia to increase its planned investment in the United States to about $1 trillion.

Saudi Arabia's Crown Prince Mohammed bin Salman looks on during his meeting with the US Secretary of State in Riyadh on Oct. 23, 2024. Nathan Howard / POOL/AFP via Getty Images

Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump on Jan. 22 that his kingdom will invest $600 billion in the United States over the next four years to boost trade relations.

Bin Salman congratulated Trump on his inauguration during a phone call and expressed his kingdom’s desire to expand its investments in the United States during Trump’s four-year term.