• Saudi Arabia plans to invest at least $600 billion in the U.S. over the next four years, Crown Prince Mohammed bin Salman announced during a congratulatory call with President Trump. The prince praised Trump’s proposed reforms, calling them a pathway to “unprecedented economic prosperity,” according to the Saudi Press Agency. The $600 billion pledge could potentially grow if additional opportunities arise, though no specific sectors were detailed.

• Trump indicated he might make Saudi Arabia his first foreign trip again if Riyadh agrees to a major U.S. purchase, similar to the $450 billion he claimed was secured during his first term. This comes as Saudi Arabia faces mounting fiscal pressures from softened oil prices and a growing deficit, while also focusing on domestic mega-projects like its futuristic city in the northwest. While the investment pledge exceeds half of Saudi GDP, questions remain about how much of Trump’s previously touted $450 billion in U.S.-Saudi trade materialized.