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Economics

Saudi-U.S. Deals Worth Nearly $270 Billion Signed

Saudi Crown Prince Mohammed bin Salman’s visit to the United States resulted in the signing of a series of agreements and memorandums of understanding worth nearly $270 billion, according to a joint statement released at the end of the trip by the Saudi Press Agency on Thursday.

The statement said the Crown Prince and U.S. President Donald Trump took part in the U.S.–Saudi Investment Forum, where both sides announced a broad package of deals across multiple sectors.

The visit also saw the signing of a Strategic Defense Agreement, a Strategic Partnership on Artificial Intelligence, and a joint declaration marking the completion of negotiations on civil nuclear energy cooperation.

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