Trump and bin Salman Seal Multi-Billion Dollar Deals in Riyadh

Riyadh witnessed a historic moment as US President Donald Trump and Saudi Crown Prince Mohammed bin Salman finalized multi-billion dollar agreements spanning various sectors. The most significant deal is a $142 billion defense package, the largest of its kind, focusing on bolstering Saudi Arabia's air and missile defense, space capabilities, and military modernization. This substantial investment underscores the strengthening strategic partnership between the two nations. Beyond defense, the agreements include a remarkable $80 billion commitment from major tech companies like Google, Oracle, and Uber, signifying a robust investment in technological advancement in both countries. Furthermore, a $20 billion investment by Saudi company DataVolt in AI data centers highlights Saudi Arabia's ambition in the field of artificial intelligence. "This is a truly transformative moment for our bilateral relationship," stated a White House official, emphasizing the far-reaching implications of these agreements. The deals are part of President Trump's wider Gulf tour, aimed at securing major economic partnerships. The symbolic significance of these agreements lies not only in their financial magnitude but also in their potential to reshape the geopolitical landscape and foster technological innovation.