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Trump Finalizes Gulf Investment Deals, Promises 'Big Announcement' During Middle East Visit

The president's trip aims to strengthen U.S. economic and security ties with Saudi Arabia, Qatar, and the UAE, while sidelining the Gaza conflict and Palestinian statehood talks.

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President Joe Biden met Crown Prince Mohammed bin Salman in Jeddah in July 2022
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Overview

  • Saudi Arabia and the UAE have pledged $600 billion and $1.4 trillion, respectively, in U.S. investments over the next decade, focusing on technology, AI, and defense sectors.
  • Trump is expected to sign agreements with Saudi Arabia on defense cooperation and critical minerals, advancing U.S. supply chain integration and regional deterrence efforts.
  • A Gulf Cooperation Council summit will address regional security, though no progress is anticipated on the Gaza conflict or Palestinian statehood.
  • Trump has pledged to refer to the Persian Gulf as the Arabian Gulf in official communications, a symbolic gesture that has drawn criticism from Iran.
  • The president has teased a 'very, very big announcement,' with speculation ranging from hostage negotiations to developments on U.S.-Iran nuclear talks or Yemen's Houthi ceasefire.