Saudi Arabia says investment deals with US have reached $557 billion

Saudi Arabia has disclosed that the cumulative value of investment agreements with the United States has reached $557 billion, highlighting the substantial economic partnership between the two nations. The announcement came from Saudi Investment Minister Khalid bin Abdulaziz Al-Falih, who provided the updated figure during an interview with Saudi Al-Ekhbariya channel following the US-Saudi Investment Forum in Washington, DC.

Recent Agreement Signings

During the recent investment forum held in the US capital, Saudi Arabia signed 242 new investment agreements with American counterparts across multiple economic sectors. Minister Al-Falih stated that these agreements were designed "to strengthen the partnership between Saudi Arabia and the US," though he did not specify the individual value or nature of each deal. The forum served as a platform to significantly expand the already substantial economic ties between the two countries.

US as Leading Foreign Investor

The minister confirmed that the United States maintains its position as the largest foreign investor in Saudi Arabia, underscoring the depth of the economic relationship. Al-Falih characterized 2025 as "a key turning point in expanding economic cooperation between the two countries," suggesting that both nations are preparing to significantly enhance their investment activities in the coming year.

Historical Context and Global Impact

The Saudi-US economic relationship spans more than nine decades, with formal diplomatic relations established in 1933. Minister Al-Falih emphasized that this long-standing partnership "has a major global impact," reflecting the significance of the bilateral relationship beyond just the two countries involved. The $557 billion in agreements represents one of the largest bilateral investment relationships globally.