ADVERTISEMENT
  • Home
  • National
  • international
  • Business
  • Sports
  • Court and Crime
  • Showbiz
  • Health
  • Education
  • Science-technology
Monday, June 8, 2026
  • Home
  • National
  • international
  • Business
  • Sports
  • Court and Crime
  • Showbiz
  • Health
  • Education
  • Science-technology
No Result
View All Result
  • Home
  • National
  • international
  • Business
  • Sports
  • Court and Crime
  • Showbiz
  • Health
  • Education
  • Science-technology
No Result
View All Result
No Result
View All Result
Home Business

Saudis invest big in US weapons, AI as Trump basks in welcome

Saudis invest big in US weapons, AI as Trump basks in welcome

admin by admin
May 14, 2025
in Business
0
Saudis invest big in US weapons, AI as Trump basks in welcome
0
SHARES
37
VIEWS
Share on FacebookShare on Twitter

The Saudis escorted Air Force One into the kingdom with fighter jets before bringing out long-stretching guards of honour and sending flag-waving cavalry to accompany Trump’s motorcade to the palace.

Under imposing chandeliers, Trump welcomed a promise by Saudi Arabia’s de facto ruler, Crown Prince Mohammed bin Salman, for $600 billion in investment and quipped that it should be $1 trillion.

“We have the biggest business leaders in the world here today, and they’re going to walk away with a lot of cheques,” Trump told the prince.

For “the United States, it’s probably two million jobs that we’re talking about”, Trump said.

The White House said that Saudi Arabia would buy nearly $142bn in weapons in what it described as the largest-ever weapons deal, although Trump in his first term trumpeted a larger, longer-term figure.

The White House said that Saudi company DataVolt will invest $20bn in artificial intelligence-related sites in the United States, while tech firms including Google will invest in both countries — welcome news for Saudi Arabia, which has long faced restrictions in US advanced technology.

With cameras rolling, a lengthy procession of Saudi royalty and business figures waited their turn to shake hands with Trump and the crown prince, including Elon Musk, the world’s richest person and a close adviser to Trump, who made a rare appearance in a suit.

Tesla CEO Elon Musk looks on as he visits Riyadh with US President Donald Trump, in Riyadh, Saudi Arabia on May 13. — Reuters
The US leader will head later in the week to Qatar and the United Arab Emirates, fellow oil-rich Arab monarchies with long-standing ties to the United States — and to Trump.

In choosing the Gulf for his first major tour, the 78-year-old billionaire is again bypassing traditional presidential stops among Western allies, some of which have been unnerved by his norms-shattering diplomacy.

Eight years ago, Trump also chose Saudi Arabia for his first overseas trip, when he posed with a glowing orb and participated in a sword dance.

Saudis seek image change
Trump’s embrace of the Saudis contrasts with a more hesitant initial approach by former president Joe Biden, who had vowed to punish the crown prince after US intelligence found that he ordered the murder of dissident Saudi journalist Jamal Khashoggi in 2018.

Trump reminisced with the 39-year-old crown prince over their first meeting, saying he was “so impressed with this young guy who was very wise beyond his years”.

Since Khashoggi’s gruesome killing, Saudi Arabia has worked aggressively to change its image, from easing restrictions on women to diversifying from oil to new areas such as artificial intelligence.

The country has also increasingly exercised diplomatic clout, serving as a venue for the United States to pursue talks with Ukraine and Russia.

Qatar and the United Arab Emirates have also sought outsized international roles, with the Qataris serving as a mediator along with the United States and Egypt in the Israel-Hamas conflict.

Previous Post

Saudi Arabia will join Abraham accords in its own time: Trump

Next Post

Ceasefire between India & Pakistan is ‘holding’: UN

admin

admin

Next Post
Ceasefire between India & Pakistan is ‘holding’: UN

Ceasefire between India & Pakistan is ‘holding’: UN

Stay Connected test

  • 137 Follower
  • 207k Subscriber
  • 24k Follower
  • 99 Subscriber
  • Trending
  • Comments
  • Latest
Nasa spacecraft ‘safe’ after closest-ever approach to Sun

Nasa spacecraft ‘safe’ after closest-ever approach to Sun

December 29, 2024
US, India launch powerful Earth-monitoring satellite

US, India launch powerful Earth-monitoring satellite

July 31, 2025
China slams ‘groundless’ claims of cyberattack on US Treasury

China slams ‘groundless’ claims of cyberattack on US Treasury

December 31, 2024
Why is there no life on Mars? Rover finds a clue

Why is there no life on Mars? Rover finds a clue

July 3, 2025

Hello world!

1
US, Iran exchange strikes in Gulf in latest flare-up

US, Iran exchange strikes in Gulf in latest flare-up

0
Stock Markets Experience Volatility Amidst Global Economic Uncertainty

Stock Markets Experience Volatility Amidst Global Economic Uncertainty

0
How Much Time On Social Networks Is Considered Healthy

How Much Time On Social Networks Is Considered Healthy

0
US, Iran exchange strikes in Gulf in latest flare-up

US, Iran exchange strikes in Gulf in latest flare-up

June 6, 2026
Occupied Kashmir will never be ‘integral part of India’: Islamabad slams New Delhi for ‘misleading’ UNSC

Occupied Kashmir will never be ‘integral part of India’: Islamabad slams New Delhi for ‘misleading’ UNSC

June 6, 2026
Pakistan, Russia sign pacts for cooperation against illegal immigration, drug trafficking

Pakistan, Russia sign pacts for cooperation against illegal immigration, drug trafficking

June 6, 2026
Hundreds join protest led by India’s viral ‘Cockroach Party’

Hundreds join protest led by India’s viral ‘Cockroach Party’

June 6, 2026

Recent News

US, Iran exchange strikes in Gulf in latest flare-up

US, Iran exchange strikes in Gulf in latest flare-up

June 6, 2026
0
Occupied Kashmir will never be ‘integral part of India’: Islamabad slams New Delhi for ‘misleading’ UNSC

Occupied Kashmir will never be ‘integral part of India’: Islamabad slams New Delhi for ‘misleading’ UNSC

June 6, 2026
0
Pakistan, Russia sign pacts for cooperation against illegal immigration, drug trafficking

Pakistan, Russia sign pacts for cooperation against illegal immigration, drug trafficking

June 6, 2026
0
Hundreds join protest led by India’s viral ‘Cockroach Party’

Hundreds join protest led by India’s viral ‘Cockroach Party’

June 6, 2026
0

© 2023,24 Reserved by Weeklyyoung.pk, Theme Designer Siddique Meo, Mob#03334456813

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

Follow Us

No Result
View All Result
  • Home
  • National
  • international
  • Business
  • Sports
  • Court and Crime
  • Showbiz
  • Health
  • Education
  • Science-technology

© 2023,24 Reserved by Weeklyyoung.pk, Theme Designer Siddique Meo, Mob#03334456813

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In