Live updates: Follow the latest on Trump's Gulf trip
Saudi Arabia has committed to investing $600 billion in the US through a series of deals in energy, defence, technology, infrastructure and critical minerals, the White House said.
The deals were signed on Tuesday during US President Donald Trump's visit to the kingdom.
"We will work in the next phase to complete additional agreements, reaching $1 trillion," Saudi Crown Prince Mohammed bin Salman told the US-Saudi Investment Forum in Riyadh.
"US companies represent nearly a quarter of foreign investment in the kingdom. More than 1,300 American companies operate and invest in the kingdom," he added.
The deals include "the largest defence sales agreement in history" worth nearly $142 billion, providing Saudi Arabia with defence equipment and services from more than a dozen US firms, the White House said.
The defence deals covered air force advancement and space capabilities; air and missile defence; maritime and coastal security; border security and land forces modernisation; and information and communication systems upgrades.
The package also includes "extensive training and support to build the capacity of the Saudi armed forces, including enhancement of Saudi service academies and military medical services".
"Saudi Arabia remains our largest foreign military sales partner, with active cases valued at more than $129 billion," the statement said.
Other key deals include a $20 billion investment by Saudi Arabian company DataVolt in AI data centres and energy infrastructure in the US.
Google, DataVolt, Oracle, Salesforce, AMD and Uber will also invest $80 billion in technology in both countries, the White House said.
Meanwhile, GE Vernova will supply gas turbines and energy solutions totalling $14.2 billion, while Boeing has signed a $4.8 billion deal with Saudi Arabia's AviLease for 30 737-8 passenger aircraft.
The deal marks the first direct order from an original equipment manufacturer by AviLease, the aircraft lessor owned by the Public Investment Fund, a separate statement from the company said. Deliveries are scheduled through 2032.
The investment "will enable AviLease to provide its global customer base with new technology, fuel-efficient fleet solutions", the company said.
"This strategic order reflects AviLease’s long-term ambition of becoming a top 10 global leader in aircraft leasing, while strengthening AviLease’s position as a national champion," said Fahad AlSaif, AviLease chairman.
The PIF-backed AviLease was founded in 2022 and has a portfolio of 200 owned and managed aircraft on lease to 48 airlines globally.
Other deals
In the healthcare sector, Shamekh IV Solutions will be investing $5.8 billion in the US, including a plant in Michigan to launch a high-capacity IV fluid facility.
Investment partnerships include several sector-specific funds such as the $5 billion Energy Investment Fund, the $5 billion New Era Aerospace and Defence Technology Fund and the $4 billion Enfield Sports Global Sports Fund.
"The United States and Saudi Arabia celebrate these and many other deals today as a result of the growing momentum of the last four months," the statement on Tuesday said.
"The total package has quickly built to more than $600 billion – the largest set of commercial agreements on record between the two countries."
The countries also said they will collaborate in critical sectors such as health, energy and science. The US Department of Energy and Saudi Arabia's Ministry of Energy concluded an agreement for co-operation in the energy field. It will focus on collaboration across the development, financing and deployment of energy infrastructure.
Meanwhile, Saudi Arabia's Ministry of Industry and Mineral Resources and the US Department of Energy have signed an agreement to collaborate on mining and mineral resources. "The agreement contributes to economic development and the diversification and resilience of critical mineral supply chains", the statement said.
Nasa and the Saudi Space Agency also signed an agreement for a CubeSat to fly on Nasa’s Artemis II test flight. Saudi Arabia’s CubeSat will measure aspects of space weather at a range of distances from Earth.
The countries also recently agreed to modernise the air transport agreement to allow US airlines to carry cargo between Saudi Arabia and third countries without needing to stop in the US, "an important right for cargo hub operations", the White House said. Saudi carriers will have the same rights to serve the US.
The US and Saudi Arabia will also boost cultural, educational and scientific partnerships through the signing of agreements between the Royal Commission for AlUla and Smithsonian Institution’s National Museum of Asian Art and the Smithsonian’s National Zoo.
Saudi Arabia is one of the US’s largest trading partners in the Middle East. Bilateral goods trade reached $25.9 billion last year.
Mr Trump’s arrival in Saudi Arabia marked his first official state visit since he returned to the White House in January for a second, non-consecutive term. He will also visit Qatar and the UAE this week.
COMPANY%20PROFILE
%3Cp%3EFounder%3A%20Hani%20Abu%20Ghazaleh%3Cbr%3EBased%3A%20Abu%20Dhabi%2C%20with%20an%20office%20in%20Montreal%3Cbr%3EFounded%3A%202018%3Cbr%3ESector%3A%20Virtual%20Reality%3Cbr%3EInvestment%20raised%3A%20%241.2%20million%2C%20and%20nearing%20close%20of%20%245%20million%20new%20funding%20round%3Cbr%3ENumber%20of%20employees%3A%2012%3C%2Fp%3E%0A
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
The line up
Friday: Giggs, Sho Madjozi and Masego
Saturday: Nas, Lion Bbae, Roxanne Shante and DaniLeigh
Sole DXB runs from December 6 to 8 at Dubai Design District. Weekend pass is Dh295 while a one day pass is Dh195. Tickets are available from www.soledxb.com
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
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The specs
Engine: 2.0-litre 4-cyl turbo
Power: 201hp at 5,200rpm
Torque: 320Nm at 1,750-4,000rpm
Transmission: 6-speed auto
Fuel consumption: 8.7L/100km
Price: Dh133,900
On sale: now
KILLING OF QASSEM SULEIMANI
The five pillars of Islam
SPECS
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Killing of Qassem Suleimani
Race card
6.30pm: Maiden (TB) Dh 82,500 (Dirt) 1.600m
7.05pm: Maiden (TB) Dh 82,500 (D) 2,000m
7.50pm: Handicap (TB) Dh 82,500 (D) 1,600m
8.15pm: The Garhoud Sprint Listed (TB) Dh 132,500 (D) 1,200m
8.50pm: The Entisar Listed (TB) Dh 132,500 (D) 2,000m
9.25pm: Conditions (TB) Dh 120,000 (D) 1,400m
Killing of Qassem Suleimani
UAE currency: the story behind the money in your pockets
The five pillars of Islam
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Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
Killing of Qassem Suleimani
The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
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The specs: 2018 BMW R nineT Scrambler
Price, base / as tested Dh57,000
Engine 1,170cc air/oil-cooled flat twin four-stroke engine
Transmission Six-speed gearbox
Power 110hp) @ 7,750rpm
Torque 116Nm @ 6,000rpm
Fuel economy, combined 5.3L / 100km
Mohammed bin Zayed Majlis
Abu Dhabi traffic facts
Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road
The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.
Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.
The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.
The highest levels of traffic were found on Sunday, November 10.
Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019
Milestones on the road to union
1970
October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar.
December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.
1971
March 1: Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.
July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.
July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.
August 6: The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.
August 15: Bahrain becomes independent.
September 3: Qatar becomes independent.
November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.
November 29: At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.
November 30: Despite a power sharing agreement, Tehran takes full control of Abu Musa.
November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties
December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.
December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.
December 9: UAE joins the United Nations.
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Killing of Qassem Suleimani
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Killing of Qassem Suleimani
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Farage on Muslim Brotherhood
Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.
UAE currency: the story behind the money in your pockets
