Trump announces $600 billion investment cooperation agreement between the U.S. and Saudi Arabia

2025-05-13 23:14:40
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ChainCatcher news reports that, according to official sources, U.S. President Trump announced in Saudi Arabia that the U.S. and Saudi Arabia have reached an investment cooperation agreement totaling $600 billion, covering multiple fields including energy, defense, and technology. The agreement includes:

  • Saudi DataVolt will invest $20 billion in the U.S. to build AI data centers and energy infrastructure
  • Companies like Google and Oracle have committed to invest $80 billion in both countries to develop cutting-edge technologies
  • U.S. companies such as Boeing and GE have received a total of $19 billion in export orders for aviation and energy equipment
  • Both sides signed the largest arms sale agreement in history, amounting to $142 billion

In 2024, the bilateral trade volume between the U.S. and Saudi Arabia reached $25.9 billion, with Saudi direct investment in the U.S. at $9.5 billion. The agreement also includes a memorandum of energy cooperation, aerospace cooperation projects, and other strategic cooperation content.

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