Saudi, Trump
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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.
Saudi Arabia is of key diplomatic importance to the Trump White House, especially amid the ongoing Israel-Hamas war.
Trump said during his trip to Saudi Arabia he wants the Gulf kingdom to join the Abraham Accords and normalize diplomatic relations with Israel.
The deal marks a new milestone in Saudi–US scientific cooperation and reinforces the Kingdom’s role in global space exploration initiatives
President Trump goes to the Gulf kingdom this week seeking $1 trillion worth of investments in the United States — a sum equivalent to the entire Saudi gross domestic product for a year.
Trump met with Saudi Crown Prince Mohammed bin Salman and attended a US-Saudi investment forum along with Elon Musk and other top CEOs.
A British Bank of America analyst has been jailed for 10 years in Saudi Arabia apparently over a since-deleted social media post.
Trump hopes to restart his first-term effort to normalize relations between the Middle East's major powers, Israel and Saudi Arabia. Trump's Abraham Accords effort led to Sudan, the UAE, Bahrain and Morocco agreeing to normalize relations with Israel.
Although Trump recently attended the funeral of Pope Francis in Rome, Saudi Arabia was originally intended to be his initial overseas destination, just like in his first term. It served as a gilded debut for a foreign policy focused on securing cash infusions for American businesses.
BlackRock, Franklin Templeton, Northern Trust Asset Management, Neuberger Berman and I Squared Capital signed preliminary agreements with the roughly $925 billion wealth fund to invest in its efforts to develop a series of new investment strategies focused on Saudi Arabia and the wider Middle East and North Africa region.