President Donald J. Trump’s inaugural overseas journey proved to be a monumental success, clinching over $2 trillion in substantial agreements. Among these were a remarkable $600 billion investment pledge from Saudi Arabia, a $1.2 trillion economic partnership with Qatar, $243.5 billion in commercial and defense deals between the U.S. and Qatar, and a further $200 billion in commercial agreements with the United Arab Emirates.
This historic collaboration with Middle Eastern nations not only fortifies the American economy but also aims to enhance safety and stability in the region, setting a promising course for a more prosperous future.
The companies involved in these landmark agreements expressed appreciation for the Trump Administration’s leadership and the favorable economic climate it has cultivated:
U.S.-Saudi Arabia Deals
Ruth Porat, President and Chief Investment Officer of Alphabet and Google: “We are thankful for the proactive engagement and policies of the Trump Administration and the Kingdom of Saudi Arabia, which empower us to accelerate AI innovation in both countries. Our partnership with PIF aims to establish a global AI hub that will not only drive innovation and economic growth in Saudi Arabia but also benefit American and global enterprises operating in the region. Together, we are committed to creating highly-skilled jobs and facilitating AI training programs that will provide new career opportunities.”
Andy Jassy, CEO of Amazon: “We appreciate President Trump and Crown Prince Mohammed bin Salman for bringing business leaders together in Saudi Arabia to strengthen economic ties and foster innovation between our nations. Amazon is thrilled to collaborate with HUMAIN, Saudi Arabia’s newly established AI innovation firm, to co-invest more than $5 billion in creating an ‘AI Zone’ that will introduce cutting-edge AWS AI capabilities to Saudi Arabia, alongside skills training for 100,000 citizens.”
Rajit Nanda, CEO of DataVolt: “This partnership owes much to the technology and trade frameworks advanced during the Trump Administration—policies that promoted high-tech exports and solidified U.S.-Saudi strategic ties, empowering entrepreneurial collaboration in the digital age.”
Safra Catz, CEO of Oracle: “Thanks to President Trump’s decisive leadership, Oracle is delivering the most advanced cloud and AI technologies to Saudi Arabia. Our expanded collaboration with the Kingdom will generate new economic opportunities, improve health outcomes for its citizens, and strengthen our alliance with the United States, creating a ripple effect of peace and prosperity across the Middle East and beyond.”
Scott Strazik, CEO of GE Vernova: “As the world’s leading energy equipment manufacturer, GE Vernova is proud to deploy top-tier technology to deepen the long-standing relationship between the United States and Saudi Arabia, enhance energy security, and boost the economic prosperity and competitiveness of both nations. We are grateful for the leadership of both governments for prioritizing energy manufacturing, innovation, and technology, setting a robust precedent for equipment’s role in solving global challenges.”
Stephen Shaya, M.D., Chairman and Founder of Shamekh IV Solutions, LLC: “We express our profound gratitude to President Trump, Crown Prince Mohammed bin Salman Al Saud, and our future partner Alturki Holding for their unwavering support and shared vision that made this venture possible. The Trump Administration’s policies have laid the groundwork for international partnerships and investment opportunities. Our commitment is to stimulate industrial growth and establish a robust pharmaceutical sector in both the Kingdom of Saudi Arabia and the United States, positioning us as leaders in healthcare.”
Sheikh Abdullah Zaid Al-Meleihi, Chairman of Saudi Excellence Co. on the Energy Investment Fund: “This initiative transcends mere capital; it represents a bridge of trust and ambition between two great nations. We acknowledge the legacy of President Trump, which has established the U.S. as a beacon for innovation and opportunity, creating a conducive environment for meaningful bilateral engagements.”
Adam Kaplan and Kirsten Bartok Touw of New Era Fund and New Vista Capital, along with Sheikh Abdullah Zaid Al-Meleihi: “We are grateful to President Trump and Crown Prince Mohammed bin Salman for their exceptional leadership that made this initiative possible. The New Era Fund launch reflects our shared vision of investing in industrial capabilities and innovation to build a stronger, more resilient future together.”
Alex Karp, Co-Founder and CEO of Palantir: “This historic visit builds on decades of strategic cooperation between the United States and Saudi Arabia. Palantir is proud to contribute to the next generation of this alliance by enhancing U.S.-Saudi collaboration in AI and defense.”
Jim Taiclet, Chairman, President, and CEO of Lockheed Martin: “At Lockheed Martin, we develop the world’s most advanced air defense systems and thank President Trump for including us in this groundbreaking defense partnership with Saudi Arabia. We are eager to support the development of fifth-generation air dominance capabilities and further bolster the Kingdom’s defenses against aerial and missile threats.”
Christopher E. Kubasik, Chair and CEO of L3Harris: “L3Harris was proud to initiate a defense-focused joint venture with Saudi Arabian Military Industries (SAMI) in 2019 during the first Trump administration. Today’s agreement signifies another significant advancement in our collaboration within the Kingdom.”
Bob Pragada, Chair and CEO of Jacobs: “Jacobs is honored to participate in the Saudi-U.S. Investment Forum this week, reinforcing the commercial partnership between the United States and Saudi Arabia. Our Memorandum of Understanding with Saudi Power Procurement Company (SPPC) underscores our commitment to sustainable infrastructure that supports Vision 2030 and contributes to long-term prosperity and job creation.”
Brendan Bechtel, Chairman and CEO of Bechtel: “Bechtel’s announcement to develop three new terminals at King Salman International Airport signifies a new chapter in our 80-year partnership with Saudi Arabia. This project highlights our shared commitment to advancing world-class infrastructure that drives long-term economic growth and exemplifies the enduring strength of U.S.-Saudi economic ties.”
Jenny Johnson, CEO and President of Franklin Templeton: “President Trump’s visit to the Middle East aims to build upon historic progress made during his first term to foster peace and stability by brokering the Abraham Accords. His emphasis on enhanced economic and military cooperation advances the interests of the U.S. and our regional partners.”
Anita Selwyn, Founder and CEO of Edrevel: “President Trump’s visit to Saudi Arabia and the announcement of over $600 billion in U.S.-Saudi investment agreements mark a significant step forward in global economic partnership. Edrevel appreciates the U.S. Department of Commerce for facilitating dialogues that pave the way for long-term investments in both nations.”
Stephen J. Lautenschlager, Founder, Chairman, and CEO of Mitchell Rubber Arabia: “President Trump’s visit to Saudi Arabia is a historic affirmation of the strength and strategic importance of U.S.-Saudi relations. Mitchell Rubber exemplifies the collaboration that supports Vision 2030 and delivers tangible economic value back to the United States.”
Sadek Wahba, Chairman and Managing Partner of I Squared Capital: “Today’s forum exemplifies the best of U.S.-Saudi cooperation, poised for future growth. Our MoU with the Public Investment Fund highlights the importance of private capital in infrastructure and reflects our shared commitment to innovation and economic advancement.”
Dan Wright, CEO of Armada: “We are thankful for President Trump’s dedication to American leadership in global economic prosperity and look forward to advancing key international partnerships. This visit underscores the historic partnership between the U.S. and Saudi Arabia.”
Cristiano Amon, CEO of Qualcomm: “This is a pivotal moment for Saudi Arabia as it emerges as a global hub for digital and AI innovation. We are excited to collaborate with HUMAIN, Aramco, and ALAT to deploy leading technologies in 5G and AI.”
Doron Merdinger, CEO and Founder of Doroni Aerospace: “Representing Doroni Aerospace at the U.S.-Saudi Investment Forum was an honor—this partnership will support U.S. job creation and revolutionize transportation through personal mobility technologies.”
Carey Smith, Chair, President, and Chief Executive Officer of Parsons Corporation: “Parsons proudly supports President Trump’s initiatives to strengthen strategic relations in Saudi Arabia, leveraging our experience to deliver critical infrastructure across the Kingdom.”
Raouf Ghali, Global CEO of Hill International: “We sincerely thank President Trump and Crown Prince Mohammed bin Salman for their support in establishing international partnerships and investment opportunities. We are committed to driving industrial growth and enhancing infrastructure in both nations.”
Meg O’Neill, CEO of Woodside: “We are pleased to sign a collaboration agreement with Aramco, focusing on building economic ties to support the President’s long-term goals for our nations.”
Sami Issa, Global AI Director and CEO: “The Saudi-U.S. Investment Forum exceeded expectations. We extend our gratitude to President Trump for strengthening cooperation and mutual investment in AI.”
Richard Burns, Chairman of Intelligent Security Systems: “Our recent deal is a testament to the accelerative impact of President Trump’s visit—it demonstrates that even smaller companies can thrive in Saudi Arabia.”
Chris Rouland, CEO and Founder of Phosphorus Cybersecurity: “President Trump’s visit is a significant milestone in the U.S.-Saudi partnership. We are proud to support economic growth and innovation in alignment with the Kingdom’s Vision 2030.”
Tarek Khouri, CEO of Hydrotech: “President Trump’s visit signifies a pivotal moment in U.S.-Saudi relations. We are dedicated to delivering innovative solutions that drive economic growth and sustainability.”
Eng. Idris Al-Zakari, CEO of Science Technology Co: “President Trump’s visit underscores the evolutionary relationship between Saudi Arabia and the United States, marking a significant investment milestone reminiscent of historical meetings.”
Robert E. Johnson, III, President and CEO of Cimcor, Inc.: “This moment is more than a business achievement; it symbolizes the potential of American innovation and visionary leadership through this partnership.”
Jake Silverstein, Chairman and Co-Founder of Enfield Investment Partners: “It is a tremendous honor to participate in President Trump’s visit and witness the collaboration with Crown Prince Mohammed bin Salman as we invest in the Saudi sports ecosystem.”
Eng. Nasr al-Ghrairi, President and CEO of Tricion Defense Group: “We congratulate President Trump on this historic visit, which marks a renewed chapter in U.S.-Saudi relations and affirms our commitment to strategic defense collaboration.”
U.S.-Qatar Deals
Kelly Ortberg, President and CEO of Boeing: “We are thankful for Qatar Airways’ trust in us with a historic order, which includes the largest-ever purchase of Boeing’s widebody planes. We appreciate President Trump’s support in solidifying our longstanding partnership.”
H. Lawrence Culp, Jr., Chairman and CEO of GE Aerospace: “We are honored to deepen our relationship with Qatar Airways and grateful for their trust in us with our largest widebody engine deal. President Trump’s support has been invaluable.”
Northrop Grumman Spokesperson: “Northrop Grumman has a legacy of delivering advanced defense technologies to Qatar. The President’s leadership has created a historic opportunity for enhanced security cooperation.”
Dr. Rajeeb Hazra, President and CEO of Quantinuum: “We are committed to advancing quantum capabilities in partnership with Qatar, further establishing U.S. leadership in this critical technology. We are proud to be part of President Trump’s historic visit.”
Jim Taiclet, Chairman, President, and CEO of Lockheed Martin: “Lockheed Martin is dedicated to supporting American armed forces and international defense partners. President Trump’s leadership is pivotal in advancing Qatar’s air and missile defense capabilities.”
Carey Smith, Chair, President, and CEO of Parsons Corporation: “I’m honored to represent Parsons and be part of President Trump’s initiatives to strengthen strategic relations with Qatar, supporting many premier infrastructure projects.”
Michael McKelvy, President and CEO of McDermott International: “Our decades-long partnership with Qatar is integral to supporting its energy development plans. We are privileged to partake in President Trump’s historic visit.”
U.S.-United Arab Emirates Deals
Richard Jenkins, CEO of Saildrone: “This groundbreaking deal merges American innovation with a partner dedicated to regional security, aligning perfectly with President Trump’s vision for maritime superiority.”
Vicki Hollub, President and CEO of Occidental: “We are proud to engage with President Trump in the UAE, where we signed a strategic energy agreement with ADNOC that is crucial for our energy security.”
Safra Catz, CEO of Oracle: “In alignment with President Trump’s vision for peace through prosperity, we are committed to investing in and delivering cloud and AI technology to the UAE.”
Kelly Ortberg, President and CEO of Boeing: “As a launch customer for the 777X, we value our partnership with Etihad and appreciate President Trump’s support in sustaining U.S. manufacturing jobs.”
Northrop Grumman Spokesperson: “We welcome the UAE’s increased partnership and investment in our defense sector, which will enhance U.S. jobs and economic strength.”
Jim Taiclet, Chairman, President, and CEO of Lockheed Martin: “With President Trump’s guidance, Lockheed Martin and the UAE are reinforcing regional defense through advanced airpower and missile defense capabilities.”
Carey Smith, Chair, President, and CEO of Parsons Corporation: “Parsons takes pride in supporting President Trump’s initiatives in the UAE, leveraging decades of experience to deliver critical infrastructure.”
Lorenzo Simonelli, CEO of Baker Hughes: “We celebrate President Trump’s historic visit to the UAE—a key moment that highlights our shared commitment to innovation and economic growth.”
