The visit by Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, to the United States on Tuesday paved the way for a new "great" chapter in relations between the two allies and consolidated the "unlimited" partnership between them.
US President Donald Trump received Crown Prince Mohammed bin Salman at the White House. An official reception ceremony was held for the Crown Prince, whose motorcade was escorted by cavalry upon arrival followed by a review of the honor guard while the military band performed, and 19 artillery rounds were fired in welcome.
The Crown Prince and Trump witnessed an aerial military display in which a formation of fighter jets flew over Washington in welcome of his arrival.
Following the reception ceremony, Trump escorted the Crown Prince on a tour of the White House.
During remarks at the Oval Office, Crown Prince Mohammed revealed that Saudi Arabia will invest up to $1 trillion in the US.
"I believe, Mr. President, in today and tomorrow, we can announce that we are going to increase that $600 billion to almost $1 trillion for investment, real investment, and real opportunity," he said.
"Now, you're saying to me now that the $600 billion will be $1 trillion?" Trump said, to which Crown Prince Mohammed replied: "Definitely."
The Kingdom was not "creating fake opportunities to please America or please Trump," he added. Saudi Arabia has a high demand for computing power and desires US chips.
Afterwards, the Crown Prince and Trump chaired the Saudi-US summit.
They reviewed aspects of bilateral relations, discussed joint efforts to boost the Saudi-US strategic partnership across various fields, examined regional and international developments, explored ways to strengthen security and stability regionally and globally, and addressed several other issues of mutual interest.
Crown Prince Mohammed and Trump signed a strategic defense agreement at the conclusion of the summit. They also signed bilateral agreements and memoranda on strategic partnership for artificial intelligence; a joint statement on completing the negotiations regarding cooperation in civil nuclear energy; a strategic framework for partnership in securing supply chains for uranium, permanent magnets, and critical minerals; and agreement to facilitate procedures for accelerating Saudi investments.
They also signed financial and economic partnership arrangements for economic prosperity; arrangements related to cooperation in the financial markets; a memorandum of understanding (MoU) in the field of education and training; and letters concerning vehicle safety standards.
Attending the summit from the Saudi side were Minister of Energy and Chairman of the Saudi side of the Saudi-US Strategic Economic Partnership Committee Prince Abdulaziz bin Salman bin Abdulaziz; Saudi Ambassador to the US Princess Reema bint Bandar bin Sultan bin Abdulaziz; Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah; Minister of State, Member of the Cabinet, and National Security Adviser Dr. Musaed bin Mohammed Al-Aiban; Minister of Commerce Majid Al-Kassabi; Minister of Finance Mohammed Aljadaan; and Governor of the Public Investment Fund (PIF) Yasir Alrumayyan.
From the American side, officials included Vice President JD Vance; Secretary of State Marco Rubio; Secretary of Defense Pete Hegseth; Secretary of the Treasury Scott Bessent; Secretary of Energy Chris Wright; White House chief of staff Susie Wiles; and special envoy for the Middle East Steve Witkoff.
