Mohammed bin Salman described the investments as “real investment and real opportunity in many areas,” framing the commitment as part of a broader strategy to strengthen commercial cooperation with the United States
Saudi Crown Prince Mohammed bin Salman used his visit to the White House on Tuesday to unveil a sweeping expansion of Saudi investment in the United States, telling President Donald Trump that his government intends to place nearly $1 trillion into the American economy over the coming year.
The announcement came during an Oval Office meeting that focused heavily on economic ties between Washington and Riyadh.
Trump opened the discussion by pointing to a major influx of Saudi capital, saying the kingdom had already agreed to commit “at least” $600 billion. He suggested the figure might increase, adding that the money would flow into manufacturing, corporate expansion and U.S. financial markets.