President Donald Trump touted a new $600 billion investment from Saudi Arabia during a speech to world leaders in Davos.
Some more details on Saudi Arabia's transformative Neom gigaproject have been revealed, including its ambitious timeline and how people will actually go about living in its incredible futuristic city,
Two buildings branded "Saudi House" and "Saudi At Davos" stand out on the chic main street of the Swiss Alpine village hosting the World Economic Forum, showcasing the kingdom's growing presence at major international events.
The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.
Saudi Arabia’s participation in the annual meeting of the World Economic Forum (WEF) in Davos underscores its position as one of the world's top 20 ec
Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration contributing to the risk of a war between Israel and Iran, addressing an issue the region has feared since the start of Israel's war in Gaza.
Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration increasing the risk of an Israel-Iran conflict, addressing an issue the region has feared since the start of Israel's war in Gaza.
Trump has had a close relationship with the crown prince, Mohammed Bin Salman, even as his real estate company does major deals with oil-rich kingdom.
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.
As Washington steels itself for a battle with China over critical minerals and Brussels struggles to beat back a flood of Chinese electric vehicles, Saudi Arabia has offered to help Beijing ride out its growing trade disputes.
Saudi Economy Minister Faisal Alibrahim said on Friday that the kingdom's $600 billion expanded package with the United States includes investments as well as procurement from the public and private sectors.
Saudi Arabia's Economy Minister announced a $600 billion investment and trade partnership with the United States. The plan, revealed by the Crown Prince, includes both public and private sector contributions.