Saudi Arabia's Crown Prince Mohammed bin Salman has revealed plans to invest $600 billion in new ventures and trade with the United States over the next four years. This announcement came during a recent phone call between the Crown Prince and President Donald Trump, where bin Salman expressed optimism about the potential for 'unprecedented economic prosperity' resulting from anticipated reforms under the Trump administration.
While details about the origin and allocation of the $600 billion investment remain undisclosed, Saudi Arabia aims to leverage favorable economic conditions to bolster its ties with the U.S. The Crown Prince indicated that the investment amount could potentially increase further should additional opportunities arise.
President Trump, known for his close relationship with Saudi Arabia and other Gulf states during his first term, has seen significant investments from the kingdom. Notably, Saudi Arabia injected $2 billion into a company associated with Trump's son-in-law and former advisor, Jared Kushner, following Trump's departure from office.