Saudi Arabia and the US has announced more than $575 billion in cumulative investments and commercial agreements. This reaffirms one of the world’s most forward-looking economic partnerships poised to generate “huge job opportunities” in both countries.

The figure combines $307 billion in deals unveiled during President Donald J. Trump’s May 2025 visit to Riyadh and $267 billion in new agreements signed at the US-Saudi Investment Forum in Washington DC.

Spanning energy, artificial intelligence, defense, aerospace, finance, infrastructure, education, and healthcare, the agreements highlight how Saudi capital and American innovation are driving a new phase of two-way economic growth.

“Today we are delighted to sign investment agreements in defense, energy, AI, rare minerals, and finance,” said Crown Prince Mohammed bin Salman, adding that the deals will generate “huge job opportunities” in both countries.

Saudi Minister of Investment Khalid Al-Falih called the milestone a reflection of a partnership that is “broader, deeper, and more dynamic than ever — connecting reliable energy with advanced technology, investment with opportunity, and talent with innovation.”

The deals in key sectors

Energy & Petrochemicals: $143.6 billion across 83 deals. Major collaborations include Aramco, ACWA Power, and Saudi Electricity Company partnering with ExxonMobil, GE Vernova, Baker Hughes, and SLB, advancing clean energy, LNG development, and the Circular Carbon Economy. New agreements also include downstream projects with Honeywell UOP, Motiva, and Afton Chemical.

Technology & AI: $57.7 billion across 66 deals.

Saudi firms SDAIA, Humain, DataVolt, and Aramco Digital are joining U.S. tech giants such as xAI, AWS, AMD, Cisco, NVIDIA, Qualcomm, and Adobe to create mega-data centers and AI super-clusters. Projects include 150,000 AWS GPUs, a 500 MW AI deployment, and a 2 GW Luma AI super-cluster, positioning Saudi Arabia as a global AI hub.

Defense & Aerospace: $133 billion across 24 deals.

Agreements with Lockheed Martin, Raytheon, Boeing, Northrop Grumman, and GE Aerospace will advance localization, technology transfer, and advanced manufacturing, including engine maintenance programs for Boeing 787s through Saudia Technic.

Finance & Investment: $18.7 billion across 8 initiatives. Deals include Aramco’s $11 billion Jafurah gas-processing investment and partnerships linking Saudi funds with U.S. asset managers such as Goldman Sachs, Brookfield, Northern Trust, and Franklin Templeton, mobilizing capital for transformative industries. 

Infrastructure & Urban Development: $20 billion across 21 projects. Led by the Public Investment Fund (PIF), New Murabba, and Al-Madinah Region Development Authority, these projects aim to build smart, sustainable cities in partnership with US developers Silverstein Properties and JLL.

Healthcare & Education: $17.8 billion across 72 deals. Collaborations with Cleveland Clinic, Mass General Brigham, and UCLA Health will advance biotech, digital health, and medical education, making Riyadh a hub for advanced care and innovation.

The U.S. remains Saudi Arabia’s largest foreign investor, with over $62 billion in FDI and 1,564 American companies operating in the Kingdom. Saudi Arabia ranks among the Middle East’s top investors in the U.S., with $170B invested since 2017, including $110B in direct investments.

More than 600 multinational companies, including 215 U.S. firms, have established regional headquarters in Saudi Arabia, while 170,000 Saudis study STEM and AI globally, and women’s workforce participation has doubled to 36% since 2016.

“Reaching the $575 billion milestone underscores the depth and direction of our economic partnership,” Al-Falih said. “It’s about jobs, innovation, and building resilient supply chains that strengthen the global economy.”