Saudi Arabia​'s crown prince told President Trump in a call that the kingdom intends to invest $600 billion in the U.S. over the next four years.

The Saudi media reported that Crown Prince Mohammed bin Salman had spoken with President Trump, who made the kingdom the first stop on his first overseas presidential trip in 2017.

DUBAI, United Arab Emirates — Saudi Arabia’s crown prince said Thursday the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after ...

DUBAI, United Arab Emirates — Saudi Arabia’s crown prince said the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after President Donald ...

By expanding renewables domestically, these petrostates are freeing up more of their oil and gas for export instead of burning it for power

According to the International Renewable Energy Agency (Irena), the Middle East has less than 1 per cent of the world’s renewable capacity. But from a low base, it is also the fastest-growing region outside China, in terms of adding capacity.

(AP Photo/Evan Vucci, File) DUBAI, United Arab Emirates — Saudi Arabia’s crown prince said Thursday the kingdom wants to invest $600 billion in the United States over the next four years ...

President Donald Trump’s suggestion that Egypt and Jordan take in Palestinians from the war-ravaged Gaza Strip is likely to be met with a hard “no” from the two close U.S. allies and the Palestinians

Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous year, preliminary government data released on Thursday showed, with non-oil sector activities lifting overall GDP.

Trump would be wise to remember this as he interacts with MBS. Saudi officials may highlight their strategic relationship with Washington as mutually-beneficial, but the kingdom won't be doing the United States any favors. And the concessions the Saudis do make will almost certainly be paired with demands.

On January 27, Italian Prime Minister Giorgia Meloni said Italy is in favor of Saudi Arabia joining the Global Combat Air Program (GCAP), according to the Italian Prime Minister’s Office. Italy, Japan, and the U.K. launched the GCAP in December 2022 with a goal of deploying the next-generation fighter by 2035.

The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund. The U.K., Italy and Japan have already partnered on the Global Combat Air Programme, which aims to put a new stealth fighter with supersonic capability in the skies by 2035.