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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Despite losing his bloc's majority in Israel's 120-seat Knesset in a hotly contested election, Prime Minister Benjamin Netanyahu has managed to remain in the lead after 70 per cent of votes were tallied on Wednesday. Figures are subject to change as counting continues.
Russia and Ukraine have begun a regional ceasefire to allow the start of a humanitarian effort in the Russian-occupied town of Oleshky, both sides said on Tuesday, but they continue strikes elsewhere, including the Ukrainian capital of Kyiv.
The Pentagon is prepared to launch potentially major military operations against Iran within 96 hours of receiving an order from U.S. President Donald Trump, with sufficient forces already deployed in the Middle East, according to a CNN report.
Jordan said its air force killed more than 20 Islamic State militants in strikes on southern Syria on Monday night.
Russia's President Vladimir Putin is hosting the Eighth Gas Exporting Countries Forum (GECF) summit in Moscow. The Kremlin has said leaders will discuss the role of gas in global energy security and adopt a final declaration.
At least 68 people have been killed after two high-speed trains collided in Spain on Wednesday, in the second deadly rail disaster in less than a year on a major route linking Madrid with the southern Andalusia region.
U.S. President Donald Trump said early Wednesday that a meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy would be arranged soon, while leaving the door open to further U.S. strikes on Iran following next week's midterm elections.
Azerbaijan has called for stronger international cooperation against corruption and cross-border financial crime as senior officials from the Organization of Islamic Cooperation (OIC) gathered in Baku on Wednesday, 28 October.
Qatari mediators have presented Iran with a new proposal to end the war with the U.S. and Israel, with Tehran expected to respond by the end of the week, according to an official briefed on the negotiations.
Despite losing his bloc's majority in Israel's 120-seat Knesset in a hotly contested election, Prime Minister Benjamin Netanyahu has managed to remain in the lead after 70 per cent of votes were tallied on Wednesday. Figures are subject to change as counting continues.
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