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Wednesday, May 14, 2025

Saudi-US economic summit kicks off ahead of Trump’s arrival in Riyadh

PNN – The US-Saudi economic summit began before Donald Trump arrived in Riyadh.

According to the report of Pakistan News Network, citing Al-Mayadeen, the US-Saudi economic summit in Riyadh began shortly before US President Donald Trump arrived in the country.

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Trump is scheduled to arrive in Riyadh on Tuesday to attend the summit and on a two-day visit. Qatar and the UAE are Trump’s next two travel destinations.

The economic summit is attended by a group of prominent executives from American companies and Saudi ministers. Trump is scheduled to discuss with Saudi Crown Prince Mohammed bin Salman about Riyadh’s $600 billion investment in Washington over the next four years.

He had expressed hope that this figure would reach $1 trillion, although there are many doubts about the possibility of achieving this goal in light of the decline in oil prices.

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