Trump's $600 Billion Saudi Investment Deal
Digest more
The United States agreed on Tuesday to sell Saudi Arabia an arms package worth nearly $142 billion, according to a White House fact sheet that called it "the largest defense cooperation agreement" Washington has ever done.
The US and Saudi Arabia have finalised a $142 billion defence agreement, comprising five military modernisation areas and including over a dozen American defence contractors. It is part of a broader $600 billion investment plan,
The US president says he believes the ties between the United States and Saudi Arabia are "more powerful than ever before".
US President Donald Trump has signed a strategic economic agreement with Saudi Arabia and announced the lifting of sanctions on Syria at the start of a tour of Gulf states aimed at drumming up trillions of dollars in investments.
In a landmark agreement hailed as the largest arms deal in United States history, President Donald Trump and Saudi Crown Prince Mohammed bin Salman have