President Trump meets with Syrian leader in Saudi Arabia
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The United States agreed on Tuesday to sell Saudi Arabia an arms package worth nearly $142 billion, according to a White House fact sheet that called it "the largest defense cooperation agreement" Washington has ever done.
A British Bank of America analyst has been jailed for 10 years in Saudi Arabia apparently over a since-deleted social media post.
Executives including Elon Musk and Nvidia’s Jensen Huang, were in Saudi Arabia for new investments. That, not tariffs, is what they wanted from Trump.
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National Interest on MSNTrump’s Middle East Visit Marks an Uptick in U.S-Saudi RelationsSaudi Arabia is an important U.S. ally in the Middle East. However, the ascension of Crown Prince Mohamed Bin Salman, colloquially known as MBS, to the political forefront in Riyadh initially stretched U.S.-Saudi relations to the limit.
Trump met with Saudi Crown Prince Mohammed bin Salman and attended a US-Saudi investment forum along with Elon Musk and other top CEOs.
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BlackRock, Franklin Templeton, Northern Trust Asset Management, Neuberger Berman and I Squared Capital signed preliminary agreements with the roughly $925 billion wealth fund to invest in its efforts to develop a series of new investment strategies focused on Saudi Arabia and the wider Middle East and North Africa region.
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Attendees of the U.S.-Saudi Investment Forum included scores of the world's most powerful CEOs, among them Elon Musk, Jensen Huang and Larry Fink.
Although Trump recently attended the funeral of Pope Francis in Rome, Saudi Arabia was originally intended to be his initial overseas destination, just like in his first term. It served as a gilded debut for a foreign policy focused on securing cash infusions for American businesses.