Saudi Arabia Will Invest $600 Billion in US, Crown Prince tells Trump

Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump on Jan. 22 that his kingdom will invest $600 billion in the United States over the next four years to boost trade relations.
Prince Mohammed congratulated Trump on his inauguration during a phone call and expressed his kingdom’s desire to expand its investments in the United States during Trump’s four-year term.
The crown prince said the $600 billion investment may increase when more opportunities arise, but did not specify where the funding would be directed, according to a transcript from Saudi Arabia’s Ministry of Foreign Affairs.
The ministry said that Trump’s expected reforms in the United States would lead to “unprecedented economic prosperity.”…