In a powerful display of long-term cooperation, Saudi Arabia and the United States have jointly announced more than $575 billion in cumulative investments and commercial agreements. According to the Saudi Ministry of Investment, this milestone reflects one of the world’s most resilient and forward-looking economic relationships.
The total includes $307 billion in agreements revealed during President Donald J. Trump’s May 2025 visit to Riyadh, alongside $267 billion in fresh deals inked at the U.S.–Saudi Investment Forum in Washington, D.C. Together, these commitments stretch across sectors such as energy, AI, defense, finance, infrastructure, healthcare, and education—each illustrating how Saudi investment capacity and American technological leadership are aligning to fuel two-way growth.
A Shared Vision for the Future
Speaking at the Forum, Crown Prince Mohammed bin Salman emphasized the importance of the moment:
“Today we are delighted to sign investment agreements for projects that include sectors such as defense, energy, AI, rare minerals, and finance.”
He added that these deals will support job creation in both countries and broaden the economic opportunities shared by the two nations.
Echoing these remarks, Khalid Al-Falih, Saudi Arabia’s Minister of Investment, described the 90-year partnership as “broader, deeper, and more dynamic than ever,” uniting reliable energy systems with high-tech innovation and future-ready talent.
Key Sectors Driving the $575 Billion Partnership
1. Energy & Petrochemicals — $143.6 Billion (83 Agreements)
The energy sector remains the backbone of Saudi-U.S. cooperation. Major collaborations connect Saudi companies like Aramco, ACWA Power, and Saudi Electricity Company with major U.S. players such as ExxonMobil, GE Vernova, Baker Hughes, and SLB.
Highlights include:
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Technology localization and clean-energy initiatives
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Expansion of liquefied natural gas (LNG) capabilities
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Human-capital development through shared training and innovation programs
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Feasibility studies with ExxonMobil to upgrade the SAMREF refinery into a world-class petrochemical complex in Yanbu
2. Technology & Artificial Intelligence — $57.7 Billion (66 Agreements)
Saudi entities including SDAIA, Aramco Digital, Humain, and DataVolt are joining forces with leading U.S. tech firms such as xAI, AWS, NVIDIA, Cisco, Adobe, Qualcomm, Groq, and others.
Major projects include:
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Multi-gigawatt AI computing infrastructure
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150,000 AWS GPUs
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A 500 MW xAI deployment
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A massive 2 GW AI super-cluster for Luma AI
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New mega data-center campuses powered by NVIDIA GB300 chips
These investments position Saudi Arabia as a global powerhouse for AI production and digital innovation.
3. Defense & Aerospace — $133 Billion (24 Agreements)
Partnerships with Lockheed Martin, Raytheon Technologies, Boeing, and Northrop Grumman aim to boost local manufacturing, supply chain capability, and technology transfer.
One flagship deal:
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Saudia’s agreement with GE Aerospace to use GEnx-1B engines for Boeing 787 aircraft
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Localization of engine maintenance through Saudia Technic, creating jobs and strengthening bilateral industrial growth
4. Finance & Investment — $18.7 Billion (8 Initiatives)
Key financial initiatives include:
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Aramco’s $11 billion investment in the Jafurah gas-processing plant with a coalition led by Global Infrastructure Partners (BlackRock)
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New investment partnerships between the Public Investment Fund (PIF), NDF, Hassana, and major U.S. asset managers such as Goldman Sachs, Northern Trust, Brookfield, and others
These efforts channel capital into high-impact sectors and reinforce the financial connectivity between the two economies.
5. Infrastructure & Urban Development — $20 Billion (21 Projects)
Led by organizations such as PIF, New Murabba, and the Al-Madinah Region Development Authority, the agreements aim to build smarter, greener, and future-ready cities—tapping U.S. expertise through partners like Silverstein Properties and JLL.
6. Entertainment & Gaming — $28.7 Billion
Saudi Arabia continues to expand its global footprint in entertainment and gaming:
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Savvy Games Group’s $4.9 billion acquisition of Scopely
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PIF’s massive $55 billion acquisition of Electronic Arts (EA) alongside Silver Lake and Affinity Partners
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Financing support of $20 billion from JP Morgan Chase
These investments strengthen the Kingdom’s ambitions to become a global gaming and digital-entertainment hub.
7. Healthcare & Education — $17.8 Billion (72 Agreements)
Major collaborations with U.S. medical and academic institutions—including Cleveland Clinic, UCLA Health, and Mass General Brigham—aim to:
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Expand biotech and digital health capabilities
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Strengthen medical research
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Advance talent development
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Position Riyadh as a leading global destination for advanced healthcare
A Partnership Rooted in People, Innovation, and Long-Term Commitment
The U.S. remains the largest foreign investor in Saudi Arabia, with more than 1,560 American companies operating in the Kingdom and U.S. FDI exceeding $62 billion. At the same time, Saudi Arabia is one of the top Middle Eastern investors in the United States, with major holdings in technology, logistics, manufacturing, finance, and energy.
Through the PIF alone, the Kingdom has directed around $170 billion into the U.S. economy since 2017.
Meanwhile, more than 600 multinational companies, including 215 U.S. firms, have established regional headquarters in Saudi Arabia—evidence of their confidence in the Kingdom’s economic trajectory.
Saudi Arabia’s investment in human capital is also growing rapidly, with 170,000 Saudi students pursuing STEM and AI education worldwide and women’s workforce participation rising to 36%, more than double the rate in 2016.
As Minister Al-Falih summarized:
“Reaching the $575 billion milestone underscores both the depth and direction of our economic partnership. It reflects delivery and impact — creating jobs, accelerating innovation, and building resilient supply chains that strengthen the global economy.”
Courtesy: Ministry of Investment Saudi Arabia
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