Saudi Arabia’s Mohammed bin Salman told President Donald Trump that he plans to invest $600 billion over the next four years.

Donald Trump has secured a massive $600 billion investment deal with Saudi Arabia, reinforcing his reputation as a master dealmaker. This deal aligns with Saudi Arabia’s Vision 2030 and Trump’s focus on driving economic growth and creating jobs.

U.S. President Donald Trump told global business leaders on Thursday they should manufacture products in the United States to avoid import tariffs and enjoy low tax rates.

While addressing the World Economic Forum in Davos one day later, Trump said that he will ask MBS, whom he called a “fantastic guy”, to round up the $600bn pledge to “around $1trn”. Trump asserted that the Saudis would do this “because we’ve been very good to them”.

The US-brokered agreement with Israel of the United Arab Emirates, Morocco, Sudan and Bahrain in 2020 is called the ‘Abraham Accord’. Through this agreement, UAE and Bahrain restored their diplomatic relations with Israel. The deal ended decades of Israeli boycott of the Gulf countries.

Saudi Arabia plans to invest $600 billion in the United States over the next four years. A state-run agency revealed the announcement from Crown Prince Mohammed bin Salman after his phone call with President Donald Trump, according to the AFP.

President Donald Trump stated on Saturday that his first foreign trip may be to Saudi Arabia, despite the tradition of U.S. presidents visiting the United Kingdom after taking office. Following a rally in Las Vegas,