President Trump meets with Saudi Investment Minister to discuss cooperation

Reuters

U.S. President Donald Trump has embarked on a four-day visit to the Gulf region, focusing on deepening economic partnerships with Saudi Arabia, Qatar, and the UAE.

U.S. President Donald Trump arrived in Saudi Arabia to kick off a four-day visit, accompanied by a group of influential business leaders, including Tesla CEO Elon Musk. The visit centers on expanding economic relations rather than addressing the region's security concerns, such as the ongoing conflict in Gaza or tensions surrounding Iran's nuclear program.

Trump’s first stop in Riyadh included attending the Saudi-U.S. Investment Forum, where Saudi Investment Minister Khalid al-Falih discussed the growing potential for U.S.-Saudi partnerships. He emphasized that Saudi Arabia’s economic initiatives have moved far beyond oil, creating vast new opportunities for collaboration. The forum, which featured prominent figures like Larry Fink, CEO of BlackRock, and Stephen Schwartzman, CEO of Blackstone, underscored the increasing business momentum between the two nations.

From Riyadh, Trump will continue his Gulf tour with visits to Qatar on Wednesday and the UAE on Thursday. 

Trump’s visit highlights the broader goals of promoting economic growth across the region, with expectations of major agreements to be signed. In addition, the U.S. is expected to offer Saudi Arabia an arms package valued at over $100 billion, further strengthening security ties. 

As Trump moves forward with his diplomatic efforts, the visit marks another chapter in the long-standing U.S.-Saudi partnership, driven by both economic and security interests. The president’s trip is also expected to spotlight key investments in sectors like energy, technology, and infrastructure, with a broader aim to facilitate mutual prosperity between the U.S. and Gulf nations.

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