According to ChainCatcher, U.S. President Trump announced in Saudi Arabia that the two countries have reached an investment cooperation agreement totaling $600 billion, covering multiple fields including energy, defense, and technology.
Saudi DataVolt will invest $20 billion in the U.S. to build AI data centers and energy infrastructure. Companies like Google and Oracle have committed to investing $80 billion in cutting-edge technology in both countries.
U.S. companies like Boeing and GE have secured export orders for aviation and energy equipment totaling $19 billion. The two sides signed the largest arms sale agreement in history, amounting to $142 billion.
In 2024, the bilateral goods trade between the U.S. and Saudi Arabia will reach $25.9 billion, with Saudi direct investment in the U.S. at $9.5 billion. The agreement also includes a memorandum on energy cooperation and several strategic cooperation projects in aerospace, among others.