Elon Musk is among a roster of blue‑chip U.S. CEOs invited to a Saudi‑U.S. investment forum in Riyadh that will run alongside President Donald Trump’s Middle East visit, according to a planning memo seen by *Reuters*, signalling lavish deals and headline economic announcements to come.
Elon Musk is among a group of heavyweight U.S. business leaders invited to a Saudi‑U.S. investment forum in Riyadh on Tuesday, held alongside President Donald Trump’s Middle East visit, according to a planning memo seen by Reuters.
The event—expected to feature splashy economic announcements—has also drawn invitations for the chiefs of BlackRock, Citigroup, IBM, Boeing, Delta, American Airlines and United Airlines.
In January, President Trump urged Saudi Arabia to channel about $1 trillion into the U.S. economy over four years, including major defense purchases; sources told Reuters last month that Washington is preparing an arms package exceeding $100 billion.
Tesla’s April launch in the kingdom signaled a thaw in relations between Musk and Saudi Arabia’s Public Investment Fund, whose rift with the billionaire dated back to 2018. Ties have warmed further since Musk played a high‑profile role in Trump’s election campaign and later joined the administration, where he has spearheaded efforts to streamline federal bureaucracy.
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U.S. President Donald Trump says Iran has a "last chance" to sign what he described as "a good document", claiming talks are continuing at Tehran's request with backing from Saudi Arabia, the UAE and Qatar.
U.S. President Donald Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.
Indonesian rescue teams are searching for 28 people still unaccounted for, three days after a passenger ferry caught fire off the coast of Madura island.
Tehran had made plans to strike sites in Ukraine after Kyiv attacked an Iranian cargo ship in the Caspian Sea, a senior Iranian military adviser has said. Iran refrained from taking action after Kyiv said the strike was a mistake, Mohsen Rezaei told the state IRIB TV channel.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
Romania blasted a rock outcrop to redirect cooling water from the drought-hit Danube River to its only operating nuclear reactor. The unprecedented measure highlights the growing impact of drought and the region's worsening energy crisis.
U.S. President Donald Trump criticised major oil companies, including Chevron and Exxon Mobil, on Monday for earning what he described as excessive profits as renewed tensions with Iran pushed global energy prices higher.
A cyclosporiasis outbreak, the largest ever recorded in the U.S., has caused its first known deaths, health officials in Michigan said on Monday.
Wildfires near Spokane, Washington, have destroyed at least 700 buildings and forced tens of thousands of people to evacuate. The fires have been burning for a third day around the state’s second-largest city, officials said.
European Commission President Ursula von der Leyen has proposed strengthening the European Union’s external borders and increasing support for Morocco following the arrival of around 50,000 migrants in the Spanish enclave of Ceuta last week.
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