U.S. and Saudi Arabia Sign Landmark Economic and Defence Agreements
World 11:10 PM - 2025-05-13
Munsif News
Donald Trump and Mohammed Bin Salman.
In a major development for international relations and economic cooperation, the United States and Saudi Arabia have today signed a series of landmark agreements, signalling a deepening of their strategic partnership. The memoranda of understanding (MOUs) cover key areas such as energy, defence, space exploration, and advanced technology.
At the heart of the agreements is a £113 billion ($142 billion) defence deal—the largest in U.S. history—which will see Saudi Arabia acquire state-of-the-art military equipment and systems from over a dozen American defence companies. The deal is part of wider efforts to enhance regional security and defence collaboration.
In addition, Saudi Arabia has pledged to invest £478 billion ($600 billion) into the United States, with funding directed toward infrastructure, artificial intelligence, technology, and energy. Leading American firms such as Google, Oracle, and AMD are expected to play central roles in these initiatives, in line with Saudi Arabia’s Vision 2030 plan to modernise its economy and reduce reliance on oil.
U.S. President Donald Trump, currently visiting Riyadh, described the agreements as marking “a new era” in U.S.-Saudi relations, underpinned by mutual economic growth and shared strategic goals.
These agreements represent a significant step forward in strengthening bilateral ties, with both nations reaffirming their commitment to long-term cooperation and regional stability.
PUKMEDIA
More news
-
IHEC Completes Preparations for Parliamentary Elections, Confirms 7,744 Candidates
05:17 PM - 2025-11-06 -
PUK 222 Outlines Vision for a Balanced and Sovereign Iraqi Foreign Policy
11:04 AM - 2025-11-06 -
Kirkuk Pays Tribute to President Mam Jalal with Largest Statue in His Honour
07:19 PM - 2025-11-05 -
Journalist Hemn Mamand Reveals Assassination Attempts in Press Conference
01:44 PM - 2025-11-05
see more
P.U.K 07:03 PM - 2025-11-06 Qubad Talabani: The PUK’s Door Remains Open, and Its Only Rival Is Itself
Qubad Talabani: PUK Remains the Party of the People and the Power of Raparin
04:15 PM - 2025-11-06
Project Development Is a Public Achievement, Says Agriculture Minister, Not a Partisan Tool
11:27 AM - 2025-11-06
PUK Political Bureau in Baghdad Honours Families of Martyrs
10:57 AM - 2025-11-06
President Bafel: Khanaqin and the PUK Will Never Be Divided
04:37 PM - 2025-11-05
Most read
-
Qubad Talabani: PUK Remains the Party of the People and the Power of Raparin
P.U.K 04:15 PM - 2025-11-06 -
Qubad Talabani: The PUK’s Door Remains Open, and Its Only Rival Is Itself
P.U.K 07:03 PM - 2025-11-06 -
Project Development Is a Public Achievement, Says Agriculture Minister, Not a Partisan Tool
P.U.K 11:27 AM - 2025-11-06 -
IHEC Completes Preparations for Parliamentary Elections, Confirms 7,744 Candidates
Kurdistan 05:17 PM - 2025-11-06 -
PUK 222 Outlines Vision for a Balanced and Sovereign Iraqi Foreign Policy
P.U.K 11:04 AM - 2025-11-06 -
PUK Political Bureau in Baghdad Honours Families of Martyrs
P.U.K 10:57 AM - 2025-11-06




.jpg)

Application

