President Trump says his upcoming Middle East trip could secure up to $1 trillion in Saudi investment and pave the way for high-stakes diplomacy with Russia.
By yourNEWS Media Newsroom
President Donald Trump confirmed Monday that he will travel to Saudi Arabia, Qatar, and the United Arab Emirates next month in what will mark the first official overseas trip of his second term since taking office in January. “It could be next month, maybe a little bit later,” Trump stated during an Oval Office press conference, without specifying exact dates.
The visit to Saudi Arabia is expected to center around significant economic discussions, particularly investments into the United States. Trump said that Saudi Arabia may soon reach up to $1 trillion in total U.S. investments, noting that this would more than double the $450 billion investment secured during his first term. “We partook [in] $450 billion worth of investments into American companies,” he said. “I view it as jobs more than anything else, and now we’re close to a trillion dollars.”
Trump emphasized that the visits to Qatar and the UAE will also focus on securing foreign investment. “Tremendous jobs will be created in those two or three days,” he said, referring to the scope of the planned economic discussions.
According to the White House, Trump spoke by phone on January 22 with Saudi Crown Prince Mohammed bin Salman, who congratulated the president on his inauguration and pledged $600 billion in new investments over the next four years. Trump later announced plans to ask the crown prince to increase that figure to $1 trillion. “I think they’ll do that because we’ve been very good to them,” Trump said during remarks at the World Economic Forum on January 23.
While the trip is primarily economic in focus, it may also include diplomatic overtures toward ending the war in Ukraine. Trump previously said he plans to meet Russian President Vladimir Putin in Saudi Arabia, although a date has not yet been set. “We ultimately expect to meet,” he told reporters following a February 12 phone call with Putin. “In fact, we expect that he’ll come here, and I’ll go there, and we’re going to meet also, probably … the first time we’ll meet in Saudi Arabia.”
In March, Saudi Arabia hosted crucial negotiations between U.S. and Ukrainian delegations that led to a cease-fire agreement between Ukraine and Russia. Trump has praised Saudi Arabia’s role as mediator and has pressed OPEC and Riyadh to cut oil prices as part of broader efforts to reduce regional tensions and end the conflict.
According to Saudi Finance Minister Mohammed Al-Jadaan, the kingdom already has more than $770 billion invested in the United States, and Crown Prince Mohammed has indicated that figure could rise further. U.S. Energy Information Agency data shows Saudi Arabia accounted for 5 percent of total U.S. oil imports in 2023.
While the full itinerary remains under discussion, the trip signals a major diplomatic and economic initiative by Trump in the Middle East—aimed at increasing foreign investment, pursuing peace efforts, and restoring U.S. energy and security interests in the region.