Trump has had a close relationship with the crown prince, Mohammed Bin Salman, even as his real estate company does major deals with oil-rich kingdom.
Trump would be wise to remember this as he interacts with MBS. Saudi officials may highlight their strategic relationship with Washington as mutually-beneficial, but the kingdom won't be doing the United States any favors. And the concessions the Saudis do make will almost certainly be paired with demands.
Saudi Arabia’s Mohammed bin Salman told President Donald Trump that he plans to invest $600 billion over the next four years.
Saudi Arabia's energy minister and several of his OPEC+ counterparts have held talks following U.S. President Donald Trump's call for lower oil prices and ahead of a meeting next week of OPEC+ oil-producing countries,
Saudi Arabia was the first foreign country that Trump visited during his first term.
Mr. Trump's 2017 trip to Saudi Arabia upended a tradition of U.S. presidents first heading to the United Kingdom as their first trip abroad. It also underscored his administration's close ties to ...
President Donald Trump touted a new $600 billion investment from Saudi Arabia during a speech to world leaders in Davos.
WASHINGTON — President Donald Trump spoke to Saudi Arabia's Crown Prince Mohammed bin Salman on Wednesday in his first call with a foreign leader of his second term, appearing to renew efforts from four years earlier to strengthen U.S. ties to the kingdom.
One day after speaking to Saudi Crown Prince Mohammed bin Salman, President Donald Trump pushed the kingdom to increase its U.S. investment, saying he would ask the Saudis to “round out” their promised $600 billion “to around $1 trillion.
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically insulates the Fed from direct political interference.
The Trump Organization – Trump’s main business vehicle for a ... who received $2 billion from Saudi Arabia for his new private investment firm soon after leaving office in 2021 and remains in close contact with bin Salman.
U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions — at least temporarily — after his promise to ask the Saudis and OPEC to lower the cost of oil led to a downturn in crude prices.