Saudi Arabia to invest $1T in US: Crown prince

Saudi Arabia to invest $1T in US: Crown prince

'I believe, Mr. President, today and tomorrow we can announce that we are going to increase that $600 billion to almost $1 trillion for real investment,' says Saudi crown prince

​​​​​​​By Diyar Guldogan

WASHINGTON (AA) - Crown Prince Mohammed bin Salman announced Tuesday that Saudi Arabia will increase its US investment from $600 billion to almost $1 trillion.

"I believe, Mr. President, today and tomorrow we can announce that we are going to increase that $600 billion to almost $1 trillion for real investment," Bin Salman, known as MBS, told reporters at the White House, alongside US President Donald Trump.

Trump thanked MBS for agreeing to invest $600 billion in the US.

"I want to thank you because you've agreed to invest $600 billion into the United States, and because he's my friend, he might make it a trillion, but I'm going to have to work on him, but it's 600 we can count on 600 billion, but that number could go up a little bit higher," Trump said.


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