Trump secures $2 trillion in Middle East deals with Saudi Arabia, UAE and Qatar
President Donald Trump has returned to Washington from the first major trip of his second term with significant agreements in place that mark historic moments for both the U.S. and its partners in the Middle East. During his visit to Saudi Arabia, the United Arab Emirates (UAE), and Qatar, Trump secured deals that will see billions of dollars in investments flowing into the United States.
In Saudi Arabia, Trump and Crown Prince Mohammed bin Salman signed agreements totaling $600 billion in energy, investments, defense, mining, and more. American companies such as Google, Uber, Salesforce, AMD, and Saudi Arabia’s DataVolt have committed to investing $80 billion in revolutionary technologies in both countries. Projects like the King Salman International Airport, King Salman Park, The Vault, and Qiddiya City will also see U.S. companies involved, generating $2 billion in U.S. service exports. Furthermore, government departments from both countries will begin coordinating on various initiatives, including space exploration.
In the UAE, Trump secured deals worth $200 billion, including a $14.5 billion commitment from Etihad Airways to invest in American-manufactured aircraft. Emirates Global Aluminum will also invest $4 billion in an aluminum smelter project in Oklahoma, creating hundreds of skilled jobs. Energy agreements with the Abu Dhabi National Oil Company and leading U.S. energy companies are expected to lower energy costs and boost production.
Qatar’s agreements with the U.S. were met with some controversy, particularly regarding a plan for Doha to provide a jumbo jet for use as Air Force One. Despite criticism from both Republicans and Democrats, deals totaling $1.2 trillion were made, with economic agreements worth $243.5 billion. Qatar Airways will purchase American-made aircraft, and a defense deal will enhance security partnerships between the two countries.
Overall, Trump’s successful trip to the Middle East has solidified partnerships and brought significant investments to the U.S. These deals are expected to boost economic growth, create jobs, and strengthen ties with key allies in the region. The agreements reached during this trip will have far-reaching impacts on the U.S. economy and its relationships in the Middle East.
