Trump’s Visit to the Kingdom: Cooperation Agreements in the Economy, Investment, and Security at the Government and Private Levels… Opportunities in Renewable Energy, Mining, Tourism, and Financial Services

US Direct Investment in the Kingdom Reached $15.3 Billion in 2024
US President Donald Trump’s visit to the Kingdom, his first foreign destination for the second time during his two terms, reflects his appreciation for the Kingdom’s stature and influence regionally and internationally, its pivotal role in promoting security and stability in the region and the world, the US leadership’s commitment to developing the strategic partnership with the Kingdom, and the importance it places on strengthening relations between the two countries in the political, defense, economic, and investment fields.
Investment Opportunities
US investors view positively the major transformations the Kingdom has witnessed in recent years, as they create significant opportunities for US companies in many fields, including commercial space exploration, renewable energy, healthcare, infrastructure, advanced technology, and artificial intelligence. These opportunities are based on Vision 2030, whose major programs and projects in the Kingdom offer promising opportunities for American companies, particularly in the strategic sectors targeted by the Vision, such as mining, petrochemicals, manufacturing, renewable energy, tourism, financial services, healthcare, pharmaceuticals, and other sectors. The visit is likely to witness the signing of several memoranda of understanding between the two countries in various political, economic, commercial, investment, and security fields at both the governmental and private levels, confirming the depth of the Kingdom’s relations with the United States and the commitment of the leaderships of both countries to developing and strengthening their strategic partnership.
92 Years of Cooperation and Partnership
Saudi-American relations have been established over 92 years of cooperation and strategic partnership based on mutual respect and trust between the two friendly countries in various fields. The historic meeting between King Abdulaziz bin Abdulrahman Al Saud and US President Franklin Roosevelt on the USS Quincy was a significant milestone that elevated bilateral relations to a higher level of cooperation and partnership. The visit of current US President Trump reflects the new US leadership’s appreciation for the Crown Prince and its commitment to strengthening communication and consultation with the leadership on issues of common regional and international concern, as well as addressing common challenges at the regional and international levels in light of developments in the region and the world.