President Donald Trump landed in Riyadh on Tuesday with a purple carpet waiting for him and a $600 billion promise coming from Saudi Arabia. The country’s Investment Minister Khalid Al-Falih said the kingdom will pour that amount into the US economy over the next four years.

The United States and the Kingdom of Saudi Arabia are strengthening their strategic ties by formalising two major agreements

Saudi Arabian Mining Company (Ma’aden) has signed an agreement with US-based rare earth producer MP Materials to explore the development of a fully integrated, end-to-end rare earth supply chain in Saudi Arabia.

The announcements follow reports that the US administration intends to facilitate AI chip deals between American firms and Gulf nations.

The oil barons of the Middle East have been trying to diversify out of carbon fuels and into other parts of the global economy for decades, but artificial

The agreements were signed during Trump's visit to the kingdom, in which the U.S. president secured $600 billion in investment commitments from Saudi partners.

The United States and Saudi Arabia have discussed Riyadh's potential purchase of Lockheed's F-35 jets, two sources briefed on discussions told Reuters, referring to a military aircraft that the kingdom has reportedly been interested in for years.

President Donald Trump is set to meet with Syrian President Ahmad al-Sharaa, in a face-to-face with the onetime insurgent leader who spent years imprisoned by U.S. forces after being captured in Iraq