Saudi Crown Prince’s gift to Donald Trump after inauguration, offers USD 600 billion investment in US for…

US-Saudi kinfolk: Saudi Arabia and the United States are long-time allies, nonetheless the connection between the two nations soured throughout old President Joe Biden’s tenure. On the opposite hand, with Donald Trump coming encourage to energy, the oil-rich kingdom has taken step one in opposition to rekindling the US-Saudi friendship, with Crown Prince Mohammed bin Salman pledging $600 billion rate in investments in the US over the following four years.

Based on an announcement by Saudi Arabia’s international ministry, Crown Prince Salman spoke to Donald Trump over the phone on Wednesday and congratulated on turning into the forty seventh President of the United States.

Saudi Prince pledges $600 billion investment in US

Staunch throughout the decision with Trump, the Prince, regarded as because the de component ruler of the desolate tract nation, also passed on congratulations from his father, King Salman, and talked about that his country would “assassinate higher its investment and trade with the United States to $600 billion over four years, and doubtlessly beyond that”, the command talked about.

The Crown Prince told Trump that Saudi Arabia wants to take hang of succor of the opportunities coming up from the reforms of the new administration and is raring to take hang of part and invest, including that these ‘reforms’ are poised to bring ‘unheard of prosperity’ for both international locations, Saudi Arabia’s impart-bustle media reported.

The file didn't specify which reforms the Prince changed into as soon as talking about.

Shifting energy structure in West Asia

The cordial phone dialog with Crown Prince Mohammed bin Salman and US President Donald Trump comes amid a quick shift in the energy steadiness in West Asia, with Saudi Arabia’s rival Iran considerably weakened as a result of its ongoing warfare with Israel, and Tehran’s allies, Hamas in Gaza, and Hezbollah in Lebanon, suffering heavy losses in their tussle with the Jewish impart.

Furthermore, Bashar al-Assad, Iran’s closest ally in the sector, changed into as soon as toppled by US-backed riot forces in Syria in December 2024, whereas Israel and Hamas maintain inked a ceasefire deal that has halted the preventing in the Gaza Strip.

Analysts speculate that the Saudi Crown Prince’s investment proposal is meant to make certain a Trump seek the advice of with to Saudi Arabia. The White House is but to touch upon the dialog between the POTUS and the Saudi Prince.

Trump-Riyadh relationship

The US and Saudi Arabia became nearer throughout Trump’s first stint somewhat than enterprise. Trump’s first in a international country seek the advice of with in 2017 changed into as soon as to the Saudi capital Riyadh, where he basked in an elaborate welcome sharp a sword dance and a fly-previous of air force jets.

Family later cooled with Prince Mohammed faulting Trump for failing to answer more aggressively after a 2019 attack extensively blamed on Iran halved the Gulf kingdom’s erroneous output. On the opposite hand, after Trump’s departure from the White Home, his crew sought to rob ties with Riyadh, particularly through investments and construction affords for his privately owned conglomerate the Trump Organization.

Trump’s son-in-legislation, Jared Kushner, has also defended receiving a Saudi investment in his within most equity firm that reports assign at $2 billion.

US-Saudi ties

While on the selling campaign sail, Joe Biden had criticised Saudi Arabia harshly for human rights abuses, including the 2018 killing of Saudi journalist Jamal Khashoggi.

However the connection with then-president Biden’s administration dramatically improved, and the two facets tried to barter a ‘mega-deal’ in which Saudi Arabia would recognise Israel in substitute for a defence pact with the United States and support on a civilian nuclear programme.

That deal changed into as soon as placed on ice after Hamas attacked Israel on October 7 2023, triggering war in the Gaza Strip.