US President Donald Trump visited Saudi Arabia to discuss both diplomacy and business opportunities, with major investment announcements reaching $600 billion. During his visit, Saudi Arabia committed to significant investments in US businesses across various sectors.

Trump and Saudi Crown Prince Mohammed bin Salman co-chaired the Saudi-US Summit at the Royal Court in Al-Yamamah Palace. The summit focused on strengthening the strategic partnership between the two nations, addressing bilateral relations, and discussing regional and international issues of mutual interest, along with efforts to enhance security and stability.

In addition to diplomatic talks, numerous business deals were unveiled. The highlight was Saudi Arabia's $600 billion investment in the United States. The first batch of deals involved the defence, technology, and infrastructure sectors, with a notable $142 billion arms deal, which was described as the largest defence sales agreement in history. This deal includes state-of-the-art warfighting equipment from multiple US defence firms, covering air force, air and missile defence, maritime security, border security, land forces modernisation, and communication systems upgrades. It also includes extensive training and support for the Saudi armed forces, including the enhancement of Saudi military academies and medical services.

Trump's visit to the Gulf was part of a four-day diplomatic tour aimed at securing substantial deals and highlighting the advantages of his transactional foreign policy approach. Technology companies were among the significant beneficiaries, with Saudi Arabia making notable investments in artificial intelligence (AI) and other tech sectors.

Oracle announced a $14 billion investment in Saudi Arabia over the next decade, focusing on cloud and AI technology. This partnership aims to improve the lives of Saudi citizens, enhance national security, and strengthen ties with the United States. Additionally, Nvidia and AMD are set to make substantial contributions, with Nvidia selling AI chips to a Saudi-backed startup, Humain, and AMD collaborating on a $10 billion deal.

Other key deals within the $600 billion investment package include:

• DataVolt’s plan to invest $20 billion in AI data centers and energy infrastructure in the US.

• Companies like Google, Oracle, Salesforce, AMD, and Uber committing to invest $80 billion in transformative technologies across both countries.

• American firms such as Hill International, Jacobs, Parsons, and AECOM to build infrastructure projects in Saudi Arabia, including King Salman International Airport and King Salman Park, with US services exports totaling $2 billion.

• Major energy exports, including $14.2 billion worth of gas turbines and energy solutions from GE Vernova, and $4.8 billion worth of Boeing 737-8 passenger aircraft for AviLease.

• In healthcare, Shamekh IV Solutions will invest $5.8 billion, including a plant in Michigan for IV fluid production.

• Sector-specific investment funds, such as the $5 billion Energy Investment Fund, the $5 billion New Era Aerospace and Defence Technology Fund, and the $4 billion Enfield Sports Global Sports Fund.