The two leaders have signed a strategic economic partnership of a value of up to $ 600 billion.
President Donald Trump On Tuesday, signed a “strategic economic partnership” alongside Saudi Arabia Mohammed Bin Salman.
The partnership included a series of energy transactions, defense, mining and space agreements which amount to $ 600 billion, and “could” help create up to 2 million American jobs, said President Donald Trump on Tuesday.
About a dozen memorandums of understanding and letters of intent have been accepted under the new partnership.
Riyadh, Saudi Arabia – May 13: American president Donald J. Trump attended a signature ceremony at the Saudi royal court on May 13, 2025, in Riyadh, Saudi Arabia. Trump begins a multi-nation visit to the Gulf region focused on the expansion of economic ties and rei (Photo of Win McNamee / Getty Images / Getty Images)
Trump targets massive investments in the first trip of the Middle East
Several of the agreements followed with ambitions previously indicated by Washington and Riyadh, in particular with regard to defensive agreements.
Although the details of the agreements were not clear, there were included agreements which had not been reported before before the president’s visit to the Middle East, such as “the cooperation agreement” between Saudi Arabia and the Smithsonian National Institute Museum of Asian Arts as well as an agreement established with the Smithsonian Institute National Zoo and Conservation Biology.
