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Ezechukwu Malachy by Ezechukwu Malachy
May 14, 2025
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Saudi Crown prince says deals worth $300bn signed with US

Saudi Crown Prince Mohammed bin Salman, on Tuesday, announced that the kingdom had signed agreements with the United States (U.S.) worth more than $300 billion during U.S. President Donald Trump’s current visit.

His remarks came during the 2025 Saudi-U.S Investment Forum in Riyadh, attended by Trump following bilateral talks and the signing of several agreements.

“Our countries share a deep economic relationship that began 92 years ago,” the crown prince said, emphasising that joint investments were one of the key pillars of Saudi economic ties with the U.S.

He added that Saudi Arabia currently had the largest economy in the region, adding that his country “is working on partnership opportunities with the U.S valued at $600 billion”.

The crown prince also noted that trade volume between the two nations from 2013 to 2024 had reached $500 billion.

U.S. companies account for nearly a quarter of all foreign investments in Saudi Arabia, he said.

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