Close Menu
Karachi Chronicle
  • Home
  • AI
  • Business
  • Entertainment
  • Fashion
  • Politics
  • Sports
  • Tech
  • World

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Joni Ernst: Iowa Senator Joni Ernst won’t launch a major Senate race in 2026

UFC legend explains why athletes like LeBron James are redefineing longevity

Cryptocurrency Live News & Updates: Vaneck proposes SolanaETF for traditional investors

Facebook X (Twitter) Instagram
  • Home
  • About us
  • Advertise
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram Pinterest Vimeo
Karachi Chronicle
  • Home
  • AI
  • Business
  • Entertainment
  • Fashion
  • Politics
  • Sports
  • Tech
  • World
Karachi Chronicle
You are at:Home » Saudi Arabia wants to invest $ 600 billion in the United States
World

Saudi Arabia wants to invest $ 600 billion in the United States

Adnan MaharBy Adnan MaharJanuary 23, 2025No Comments4 Mins Read0 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email


Dubai, the United Arab Emirates -Saudi Arabia, said the kingdom would like to invest $ 600 billion in the United States over the next four years.

Trump’s trip to Saudi Arabia in 2017 defeated the US President’s tradition to the United Kingdom as an overseas trip. He also emphasized a close relationship with his government and rulers in Gulf countries, which are rich in oil, as real estate companies with the same name are pursuing transactions throughout the region.

A comment from the Crown Prince Mohamed Bin Salman was reported by a state -owned Saudi Arabia news agency on the beginning of Thursday and called Trump. It was the first call of Trump with foreign leaders since Monday.

“The Crown Prince has confirmed the intention of the kingdom to expand its investment and expand trade with the United States with a potential of $ 600 billion for the next four years,” said the Prince. I am.

Reading did not explain in detail where the investment and trade could be placed. In recent years, the United States has been increasingly separated from relying on Saudi oil exports, which was once a rock in their relationship, for decades. Saudi Arabian Soblinwealth Fund has a large -scale interest in American companies, while watching sports.

However, Saudi Arabia mainly depends on US weapons and defense systems, which can be part of the investment.

The White House has issued a statement in which two leaders called for “stability in the Middle East, strengthened local security, and discussed efforts to fight terrorism.”

“In addition, they have discussed the international economic ambitions of Saudi Arabia in the next four years and the trade and other opportunities to increase the mutual prosperity between the United States and the Saudi Kingdom.”

The Crown Prince, the de facto ruler of the kingdom rich in petroleum, talked to Secretary of State Marco Rubio early Thursday.

On Monday after taking office, Trump talked about going to the kingdom again as his first foreign trip.

“The first foreign trip was usually done in the UK, but I agreed to buy a product worth $ 450 billion, so I did it last time,” Trump told an oval office journalist. “If Saudi Arabia wants to buy another $ 450 billion or $ 500, I will raise it for all inflation. I think it will probably go.”

Trump’s travel to Saudi Arabia in the new semester, while the White House spokeswoman Calorin Livit told a journalist on Thursday.

Trump’s visit to the kingdom in 2017 has moved a long -term boycott in four Arab countries, including the kingdom.

Trump has maintained a close relationship with Saudi Arabia, even after Prince Mohamed was involved in the murder and dismantling of Jamal Kashogogi in Istanbul in 2018. The kingdom has been discussing with the Biden administration for many years with the Biden administration on more broader transactions in exchange for US defense and other support.

A 600 billion dollar pledge, which is WAR for many countries, has been facing the pressure of its own budget. The world’s petroleum price has fallen a few years later from the height of the colonovirus pandemic, affecting the income of the kingdom.

Meanwhile, Prince Mohamed also wants to continue a $ 500 billion project in Neom, a new city in the western desert in the Red Sea Saudi Arabia. Before holding the 2034 FIFA World Cup, you need to build a new stadium equivalent to tens of millions of dollars and infrastructure.

However, Trump spoke to the Davos’s world economic forum in the latter half of Thursday, suggesting that Saudi investment could be even higher.

“I will ask the fantastic man, the fantastic man, to end it up to about $ 1 trillion,” Trump said in a video call. “We think they will do so because we were very good for them.”

-Washington’s related reporter Michel Price has contributed to this report.



Source link

Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
Previous ArticleChina’s EV growth: How a decades-old bet is paying off big
Next Article The Magnificent Seven in Trumpland
Adnan Mahar
  • Website

Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

Related Posts

Water Pushing in Afghanistan: Kabul seeks control of the river. Taliban Canal Project raises alarm as neighbors fear flow cuts | World News

August 17, 2025

Love us-400

August 15, 2025

Melania Trump threatens legal action against Hunter Biden over video allegations

August 13, 2025
Leave A Reply Cancel Reply

Top Posts

20 Most Anticipated Sex Movies of 2025

January 22, 2025351 Views

President Trump’s SEC nominee Paul Atkins marries multi-billion dollar roof fortune

December 14, 2024113 Views

How to tell the difference between fake and genuine Adidas Sambas

December 26, 202477 Views

Alice Munro’s Passive Voice | New Yorker

December 23, 202472 Views
Don't Miss
AI June 1, 2025

Dig into Google Deepmind CEO “Shout Out” Chip Engineers and Openai CEO Sam Altman, Sundar Pichai responds with emojis

Demis Hassabis, CEO of Google Deepmind, has expanded public approval to its chip engineers, highlighting…

Google, Nvidia invests in AI startup Safe Superintelligence, co-founder of Openai Ilya Sutskever

This $30 billion AI startup can be very strange by a man who said that neural networks may already be aware of it

As Deepseek and ChatGpt Surge, is Delhi behind?

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to Karachi Chronicle, your go-to source for the latest and most insightful updates across a range of topics that matter most in today’s fast-paced world. We are dedicated to delivering timely, accurate, and engaging content that covers a variety of subjects including Sports, Politics, World Affairs, Entertainment, and the ever-evolving field of Artificial Intelligence.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Joni Ernst: Iowa Senator Joni Ernst won’t launch a major Senate race in 2026

UFC legend explains why athletes like LeBron James are redefineing longevity

Cryptocurrency Live News & Updates: Vaneck proposes SolanaETF for traditional investors

Most Popular

10 things you should never say to an AI chatbot

November 10, 20040 Views

Character.AI faces lawsuit over child safety concerns

December 12, 20050 Views

Analyst warns Salesforce investors about AI agent optimism

July 1, 20070 Views
© 2025 karachichronicle. Designed by karachichronicle.
  • Home
  • About us
  • Advertise
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.