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Investment

USA Secures $600 Billion Deals in Riyadh: What We Know So Far?

Shurouk Kassas
May 14, 2025
4
Min Read

In a monumental development redefining the trajectory of U.S.–Saudi relations, over $600 billion worth of commercial agreements were announced following former U.S. President Donald Trump’s high-profile return to the Middle East. The historic package marks the largest set of bilateral deals ever signed between the United States and Saudi Arabia, setting a transformative path for joint innovation, economic cooperation, and strategic alignment.

The agreements, unveiled during a summit convening top American and Saudi business leaders and policymakers, span a wide array of sectors including investment, artificial intelligence, clean energy, defense, healthcare, aviation, and infrastructure. This announcement signals a renewed era of global partnership and underscores the Kingdom’s growing influence as a global investment hub aligned with its Vision 2030 goals.


$600 Billion Saudi Investment Pledge in the U.S.

At the center of the summit was a bold commitment from His Royal Highness Crown Prince Mohammed bin Salman, pledging to inject $600 billion into the U.S. economy over the next four years. This pledge anchors Saudi Arabia’s intent to deepen its role as a long-term investor in high-impact sectors across America, fostering shared growth and technological advancement.


AI, Data, and Semiconductors: The New Oil

In a strategic pivot towards next-generation technologies, over $100 billion in AI, data, and semiconductor investments were unveiled:

  • $20 billion from Saudi-headquartered DataVolt will support the development of AI-powered data centers and clean energy infrastructure across the U.S.
  • A consortium including Google, Oracle, Salesforce, Uber, AMD, and DataVolt announced an $80 billion joint investment focused on emerging technologies, AI, and data ecosystems spanning both nations.
  • Amazon Web Services (AWS) and Saudi Arabia’s rising AI startup Humain formed a $5 billion+ partnership to establish a cutting-edge AI Zone in the Kingdom, serving as a regional hub for artificial intelligence innovation.
  • Elon Musk’s Starlink secured regulatory clearance to operate across Saudi Arabia’s aviation and maritime networks, enhancing regional connectivity.
  • STV, one of the region’s leading VC firms, launched a $100 million artificial intelligence fund in partnership with Google, focused on accelerating the AI ecosystem in the MENA region.


Infrastructure, Energy & Aviation

Substantial bilateral investments will also boost critical infrastructure and sustainable energy projects:

  • $2 billion in contracts were awarded to leading U.S. firms including Hill International, Jacobs, Parsons, and AECOM to support Saudi megaprojects such as King Salman International Airport, King Salman Park, Qiddiya City, and The Vault.
  • $14.2 billion in exports from GE Vernova will supply gas turbines and advanced energy solutions to support the Kingdom’s transition to a cleaner, more efficient energy future.
  • A $4.8 billion aircraft order was signed with Boeing for 737-8 passenger planes, to be operated by AviLease, expanding Saudi Arabia’s commercial aviation capacity.


Healthcare & Industrial Manufacturing

In a move to strengthen pharmaceutical supply chains and medical production capabilities:

  • Shamekh IV Solutions announced a $5.8 billion investment, including the establishment of a high-capacity IV fluid production facility in Michigan, aimed at reinforcing U.S.-based pharma manufacturing while fostering cross-border industrial collaboration.


$142 Billion U.S.–Saudi Defense Agreement

Underscoring the shared commitment to global security and regional stability, a $142 billion defense agreement was formalized, encompassing technology transfer, joint manufacturing, and military readiness collaboration. This agreement reinforces a robust and long-standing strategic alliance.


$14 Billion Across Sector-Specific Investment Funds

Three major bilateral investment vehicles were introduced to accelerate innovation in key industries:

  • A $5 billion Energy Investment Fund dedicated to renewable energy development and advanced energy technologies.
  • A $5 billion New Era Aerospace & Defense Fund to support co-development of next-generation defense systems.
  • A $4 billion Enfield Global Sports Fund, reflecting Saudi Arabia’s growing ambitions in the global sports economy and entertainment sector.


A New Chapter in U.S.–Saudi Relations

These landmark deals represent a defining moment in the economic and strategic partnership between the U.S. and Saudi Arabia. With the total value of agreements exceeding $600 billion, the summit has laid the foundation for a future characterized by mutual growth, technological leadership, and global collaboration.

The announcements come amid growing bilateral momentum, aligning with Saudi Arabia’s Vision 2030 transformation and the U.S.’s strategic push to expand influence and cooperation across the Middle East.

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