President Trump, joined by Elon Musk and other leading CEOs, visited Saudi Arabia for a high-profile summit with Crown Prince Mohammed bin Salman. The visit featured a lavish royal welcome and culminated in the signing of a record-breaking $142 billion arms deal, touted as the largest defense sales agreement in history. The agreements also included major investment deals between US and Saudi firms, highlighting deepening economic and political ties. The event underscored the strategic partnership between the US and Saudi Arabia, with both sides emphasizing the strength and future potential of their alliance. The presence of top American business leaders signaled significant private sector interest in expanding cooperation with the Gulf region.
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Trump says US-Saudi bond 'more powerful than ever', after signing $142bn arms deal
Among the agreements between the US and Saudi Arabia announced today is "the largest defence sales agreement in history", the White House says. It adds that the agreement is worth nearly $142bn (£107bn) and includes providing Saudi Arabia with "state-of-the-art warfighting equipment and services from over a dozen US defence firms".
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Musk and other top CEOs join Trump in Saudi Arabia and trip is already epic
A royal welcome found President Donald Trump receiving purple carpet treatment and special escorts upon his arrival in the Middle East with a bevy of business leaders. […]
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Trump Receives Royal Welcome in Saudi Arabia as Mega Investment Deals With Gulf Take Center Stage
President Trump gestures to Saudi Crown Prince Mohammed bin Salman as he greets Reema bint Bandar Al Saud, Saudi ambassador to the United States, at the Royal Palace in Riyadh, Saudi Arabia, May 13, 2025 AP/Alex Brandon
