
Trump heads to Saudi Arabia eyeing more investment in US
created: May 11, 2025, 11:44 p.m. | updated: May 13, 2025, 3:15 p.m.
The presidential visit is drawing top Wall Street and Silicon Valley leaders to Saudi Arabia.
Back in January, Prince Mohammed said that Saudi Arabia would invest $600bn (£450bn) in the US over the next four years.
Talks are expected to centre on attracting greater Gulf investment into US tech firms, and boosting the region's access to cutting-edge American semiconductors.
While much attention will be on Trump courting Gulf capital for the US, Saudi Arabia is equally focused on drawing American investment into its ambitious Vision 2030 program.
However, foreign direct investment into Saudi Arabia declined for a third straight year in 2024, reflecting persistent challenges in attracting overseas capital.
1 month ago: BBC News