Saudi Arabia is lavishing President Trump? Plans to invest $600 billion in the United States in the next four years.

Local media reported on Thursday that the Saudi Crown Prince stated that Saudi Arabia hopes to invest $600 billion in the United States over the next four years. The report stated, "The Crown Prince affirmed Saudi Arabia's intention to expand investments and trade with the United States over the next four years, with an amount of $600 billion, possibly more." However, the report did not specify the exact source of this $600 billion or how the funds will be deployed. In recent years, the United States has become less reliant on Saudi oil exports, which have been a cornerstone of the two countries' relationship for decades. While the Saudi sovereign wealth fund holds significant stakes in American companies, it also has interests in the sports industry. However, Saudi Arabia relies heavily on American-made weapons and defense systems, which could be a part of the investment. The media reported that this was discussed during a phone call between Saudi Crown Prince Mohammed bin Salman and US President Trump. However, the White House did not immediately release details of the call. It is not clear whether this call between Trump and the Crown Prince is his first conversation with a foreign leader since returning to the White House; however, this is the first report from abroad. On Monday, Trump mentioned that he may visit Saudi Arabia again, just as he did in 2017 during his first foreign trip. His visit to Saudi Arabia in 2017 broke the tradition of US presidents making their first foreign visit to the UK. This underscores his close relationship with the Gulf country leaders who are rich in oil resources, as his namesake real estate company also seeks deals in the region. Trump said, "Last time, the reason I went to Saudi is because they agreed to buy $450 billion worth of our product. I said, I want to go, but you have to buy our product, and they agreed. Usually, the first country you visit is UK, but... I did Saudi Arabia first last time because they agreed to buy $450 billion of our product. If they want to buy another $450 billion or $500 billion, I think I'll [go]." His visit to Qatar in 2017 led to a blockade against Qatar lasting several years by four Arab countries, including Saudi Arabia. Trump maintains a close relationship with Saudi Arabia, even after the killing of Saudi journalist Jamal Khashoggi in 2018. Saudi has been in discussions with the Biden administration for a broader deal: diplomatic recognition of Israel in exchange for US defense protection and other support. The commitment of $600 billion surpasses the GDP of many countries, but Saudi faces its own budget pressures. After years of the worst of the pandemic, global oil prices remain subdued, affecting Saudi's income. Meanwhile, the Saudi Crown Prince also hopes to continue his $500 billion project in Saudi's new future city, NEOM, located in the western desert on the Red Sea coast of Saudi Arabia. It will require building new stadiums and infrastructure worth hundreds of billions of dollars before hosting the World Cup in 2034.