
Crown Prince Mohammed bin Salman unveiled ambitious financial plans Thursday, proposing unprecedented levels of Saudi investment across American markets through 2029.
The $600 billion commitment emerged during conversations between Saudi leadership and President Donald Trump, following earlier discussions with Secretary of State Marco Rubio about regional cooperation.
Saudi state media highlighted expanding possibilities beyond stated figures while noting various internal development projects requiring funding. These include extensive preparations for international sporting events and construction of innovative urban centers.
White House representatives confirmed bilateral talks addressing security partnerships and economic opportunities. The dialogue occurred amid fluctuating global oil prices affecting Saudi national revenues.
Trump referenced his previous diplomatic decisions Monday, discussing potential travel plans. His 2017 selection of Saudi Arabia over Britain for initial presidential visits established new patterns in international relations.
Commercial partnerships evolved significantly as American dependence on Saudi petroleum decreased. Saudi wealth funds currently hold major positions across U.S. businesses while pursuing additional investment opportunities.
The kingdom balances international investment strategies alongside domestic development goals, including construction of NEOM, their $500 billion technological hub project.