Saudi Crown Prince MBS intends to invest $600bln in US

Saudi Crown Prince and Prime Minister Mohammed bin Salman has reiterated the Kingdom's commitment to expanding its investments and trade with the United States over the next four years, targeting an amount of $600 billion, with the possibility of exceeding this figure.

The affirmation was made during a phone conversation this evening with US President Donald J. Trump.

The Crown Prince extended the congratulations of King Salman bin Abdulaziz Al Saud, as well as his own, to the President on the occasion of his inauguration. He expressed his hopes for continued progress and prosperity for the American people under the President's leadership.

The two leaders engaged in discussions regarding collaborative efforts between the Kingdom of Saudi Arabia and the United States to foster peace, security, and stability in the Middle East, as well as to strengthen bilateral cooperation in the fight against terrorism.

Additionally, they explored avenues to enhance their bilateral relationship across various sectors.

His Royal Highness the Crown Prince acknowledged the U.S. administration's potential to generate unprecedented economic growth and opportunities through expected reforms, emphasizing the Kingdom's desire to engage in these partnership and investment opportunities.

The President expressed his gratitude to the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince for their kind words and reaffirmed his commitment to collaborating with the Kingdom on initiatives that serve the interests of both nations.