Saudi Arabia​'s crown prince told President Trump in a call that the kingdom intends to invest $600 billion in the U.S. over the next four years.

The Saudi media reported that Crown Prince Mohammed bin Salman had spoken with President Trump, who made the kingdom the first stop on his first overseas presidential trip in 2017.

Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' Bart Melek discusses why prices are likely to climb despite this.

By expanding renewables domestically, these petrostates are freeing up more of their oil and gas for export instead of burning it for power

Indeed, Biden not only wholeheartedly embraced the Abraham Accords but sought to build on them by securing a landmark deal with Saudi Arabia, the most powerful and influential Arab state. Biden’s offer was that,

According to the International Renewable Energy Agency (Irena), the Middle East has less than 1 per cent of the world’s renewable capacity. But from a low base, it is also the fastest-growing region outside China, in terms of adding capacity.

Embassy closed in October 2021 following diplomatic crisis over remarks by then-Lebanese information minister - Anadolu Ajansı

President Donald Trump touted a new $600 billion investment from Saudi Arabia during a speech to world leaders in Davos.

Israel's strategic affairs minister, who close to Netanyahu, called to ‘bring in the U.S. and forces in the region’ to administer Gaza in later stages of cease-fire

Following the assessment, the Top Employers Institute revealed that Mondelez in the UAE and KSA achieved an average of 95.06% and 93.8% respectively across all areas, putting it among the top companies to work for in the region.

Saudi Arabia’s Mohammed bin Salman told President Donald Trump that he plans to invest $600 billion over the next four years.

The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund. The U.K., Italy and Japan have already partnered on the Global Combat Air Programme, which aims to put a new stealth fighter with supersonic capability in the skies by 2035.