Saudi Arabia’s Crown Prince Mohammed bin Salman has revealed plans to increase the kingdom’s investment in the United States from $600 billion to nearly $1 trillion, signalling a significant deepening of economic ties between the two nations. The announcement was reported on Wednesday, 19 November, by Anadolu Agency.
The Crown Prince made the remarks during a visit to Washington on Tuesday, 18 November, where he met with US President Donald Trump at the White House. Speaking to journalists, Prince Mohammed confirmed that the official declaration would follow either later on Tuesday or on Wednesday. The proposed surge in investment—from the current $600 billion to close to $1 trillion—marks one of the largest bilateral economic commitments in recent years.
During the meeting, the Crown Prince highlighted that Saudi Arabia and the United States would sign a series of agreements across multiple sectors, including technology and artificial intelligence (AI). These deals are expected to create substantial investment opportunities for both countries.
President Trump reacted with apparent surprise at the announcement, asking, “So $600 billion now becomes $1 trillion?” Prince Mohammed responded affirmatively, stating, “Absolutely, the agreements being signed today will drive this investment growth.”
The US President thanked the Crown Prince for his commitment, noting that their friendship and mutual trust could support the realisation of the $1 trillion figure, though additional work remained to finalise all arrangements. Trump also emphasised that while the $600 billion level was already secured, the potential for further increases was significant.
Saudi Arabia’s ambassador to the United States, Princess Reema bint Bandar Al Saud, described the White House meeting as a landmark event for Saudi-US relations. She noted that several major bilateral agreements were signed but did not disclose further details. Analysts suggest that these agreements may encompass joint ventures, technological collaborations, and strategic investments across energy, infrastructure, and digital innovation sectors.
For clarity, the current and proposed Saudi investment levels in the United States are summarised below:
| Investment Category | Current Value | Proposed Value |
|---|---|---|
| Total Saudi Investment in the US | $600 billion | Nearly $1 trillion |
| Focus Areas | Energy, infrastructure, technology, AI | Expanded across technology, AI, and additional sectors |
This landmark investment announcement underscores the strengthening economic partnership between Washington and Riyadh, signalling an era of enhanced cooperation in strategic industries and high-tech sectors.