Saudi Arabia plans to invest $600 billion in the United States over the next four years. A state-run agency revealed the announcement from Crown Prince Mohammed bin Salman after his phone call with President Donald Trump, according to the AFP.
Saudi Arabia's Crown Prince announced Thursday that the kingdom is set to invest $600 billion in the United States over the next four years.
During a speech to the World Economic Forum on Thursday, President Donald Trump pressured the Saudi Crown Prince to increase his planned $600 billion investment in the U.S. "to a round $1 trillion" and to lower the global price of oil.
One day after speaking to Saudi Crown Prince Mohammed bin Salman, President Donald Trump pushed the kingdom to increase its U.S. investment, saying he would ask the Saudis to “round out” their promised $600 billion “to around $1 trillion.
Saudi Arabia’s Crown Prince Mohammed bin Salman vowed to invest at least $600 billion in the US — after President Trump floated he would fast-track his visit to the kingdom if they put
Trump said he planned to ask the oil cartel to lower prices, which he said would lead to a swift end to Russia's war in Ukraine.
U.S. President Donald Trump on Thursday said he will demand Saudi Arabia and OPEC bring down the cost of oil and will ask Riyadh to increase a planned U.S. investment package to $1 trillion from an initial reported $600 billion.
WASHINGTON — President Donald Trump spoke to Saudi Arabia's Crown Prince Mohammed bin Salman on Wednesday in his first call with a foreign leader of his second term, appearing to renew efforts from four years earlier to strengthen U.S. ties to the kingdom.
Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put $600 billion into expanded investment and trade with the United States over the next four years,
The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.
Crude oil prices declined on Thursday after U.S. President Donald reportedly said at the World Economic Forum that he would ask Saudi Arabia and the Organization of the Petroleum Exporting Countries (OPEC) to lower prices.