Donald Trump Prices More Golf Investments in the US

With US President Donald Trump because of visiting Gulf States this week, an important focus will protect considerable new investments for the American economy.

“President Trump wants the announcement (from more wandering for the US),” says economist Karen Young, a senior fellow at the think tank in the Middle -East Institute.

“He wants to have a big poster in a meeting that describes where these investments can go. And some estimate of what they will do with the American economy in the field of creating jobs or his big push, of course, on domestic production.”

Trump will arrive in the Saudi capital on Tuesday 13 May, Riyadh, to meet the de facto leader of the country Crown Prince Mohammed bin Salman.

Trump is then expected that on May 14, before he travels to Qatar that same day, he will attend a top of Gulf leaders in the city and then end his three-day journey in the United Arab Emiraten (VAE) on 15 May.

The economic importance of the region for Trump is emphasized by the fact that the visit to Saudi Arabia would become the first overseas journey of his second term in the White House. Before the death of Pope Francis, that was required for Trump to attend his funeral in Rome at the end of April in Rome.

Saudi Aarabia was also the first country to visit Trump during his first term of office and went against the modern practice of US presidents to start with the UK, Canada or Mexico.

Securing new investments in the US of Gulf States, and in particular of their state -supported sovereign wealth funds, will help Trump to point out at home that his “America First” agenda yields results.

The presidential visit attracts the leaders of Top Wall Street and Silicon Valley to Saudi Aarabia. A Saudi-US investment forum on 13 May in Riyad will contain CEOs from BlackRock, Palantir, Citigroup, IBM, Qualcomm, Alphabet and Franklin Templeton.

The Push is amidst economic headwind, because President Trump’s new import tariffs have considerably disrupted global trade, trust and the American economy itself. The economic output of the US fell in the first three months of this year, the first fall in three years.

In January Prince Mohammed said that Saudi Arabia would invest $ 600 billion (£ 450 billion) in the US in the coming years. However, Trump has already said that he had done that like that to rise to $ 1 tn, Including purchases of more American military equipment.

According to Ali Shihabi – a Saudi commentator and author, with close ties with the Saudi government – a number of economic agreements will be signed during the trip.

“These deals will further integrate the Saudi and US economies, joint ventures in the Kingdom, in the United States, tenders of American weapons and goods,” says Mr. Shihabi.

The sovereign asset fund of Saudi Aarabia, the Public Investment Fund (PIF), which checks the assets worth $ 925 billion, already has countless investments in the US. These include Uber, Gaming Firm Electronic Arts and Electric Car Lucid.

In the meantime, the VAE has already promised to invest $ 1.4 in the US in the next 10 years in sectors such as AI, semiconductors, energy and production. This was announced by the White House in March after the national security adviser of the VAE, Sheikh Tahnoon bin Zayed Al Nahyan, President Trump met in Washington.

Yet Mrs. Young of the Midden -East Institute says that the scale of these investments is not realistic in the short term. Instead, she says that they are strategic movements in the long term and that the figures must be taken “with a bit of a grain of salt”.

With regard to specific deals that can be announced during Trump’s visit, it is generally reported that Saudi Arabia agrees to buy more than $ 100 billion American weapons and other military items.

This would include rockets, radar systems and transport aircraft.

The US has been a long -term weapon supplier of Saudi Arabia, but in 2021 the Biden -Administration at the time stopped selling Riyad -attacking weapons, stating concern about the role of the country in the war in neighboring Yemen.

The killing of Saudi journalist Jamal Khashoggi 2018 was also reported on a large scale. An American report said that Prince Mohammed had approved the murder.

The White House of Biden resumed the sale of these weapons last year. Although it was cited that the Saudis had stopped bombing Yemen, some commentators said that the US was looking for Saudi aid to help end the conflict in Gaza and help the future reconstruction.

Mr. Shihabi says that Saudi Aarabia will seek the guarantees of the White House that the US will implement a “more efficient purchasing system”, making the Gulf State much faster and easier access to ammunition and military equipment.

“The Trump administration initiates procedures to facilitate those deals. So, it is expected to improve this process immediately,” he adds.

Artificial intelligence is the other subject that will dominate the agenda during Mr Trump’s visit. Discussions are expected to concentrate on attracting larger golf investments in American technology companies and increasing access from the region to advanced American semiconductors.

The VAE and Saudi Aarabia have invested billions of dollars in technical and AI sectors such as trying to diversify their economies away from oil.

Especially the Emiratis want to settle as a global AI hub.

Last week the Trump administration deleted the BIDen era Chip regulations that restrictions on the export of advanced American chips to more than 120 countries, including the Gulf States.

The White House is expected to set up new rules that may include direct negotiations with countries such as the VAE.

“This is absolutely essential for the VAE,” says Mrs. Young. “They aggressively build their AI capacity. So, because they get access to American technology necessary to be the best.”

Although there will be a lot of attention on Trump that Gulf Capital for the US Courf, Saudi Arabia is aimed at drawing American investments in his ambitious Vision 2030 program.

Under the leadership of gigantic construction projects, such as building a linear city called The Line, Vision 2030 is central to the constant efforts of the Saudi government to diversify the economy of the country away from oil.

It is also about casting resources in entertainment, tourism, mining and sport.

However, foreign direct investments in Saudi Arabia fell for a third consecutive year in 2024, which is a reflection of persistent challenges in attracting foreign capital.

The decrease in global oil prices Since the beginning of the year, Riyad’s Finance has further tense, which increases the pressure to increase debts or to reduce expenses to maintain its development goals.

Oil prices fell to a low -age low in the midst of growing concern that a trade war could dampen global economic growth.

The decline was further fed by the group of oil -producing countries, OPEC+, in which plans were announced to increase the output.

Saudi -Arabia is part of that group and some commentators said the turnout was partly a desire To please Trump, He has called for lower oil prices.

Other analysts said that the reason was that OPEC+ remains convinced that the world economy is growing.

The American Saudi Business Council is an organization that strives for trade tires between the two countries.

It hopes that Trump’s visit will lead to more opportunities in Saudi Arabia, especially in sectors such as AI, health care and education.

“The Saudi government is hard to invest in these sectors. There is a very large appetite for Saudi companies to collaborate with American companies,” says Huthaim Al Jalal, who leads the Riyadh office for the organization, the BBC.

Saudi officials would be convinced that some deals in these sectors will be protected during Trump’s visit.

For Saudi Arabia, Trump’s visit is about strengthening the ties with their longest Western ally -a relationship that was tense during the Biden years. For President Trump, it is about landing investment agreements that can be drawn up as a victory for his economic agenda.

“President Trump is looking for a head of major investments in America, and he will get that from this trip,” adds Mr Shihabi.