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2w ago

Trump Unveils $600B Saudi Investment, Lifts Syria Sanctions in Middle East Pivot

President Trump formalized major investment deals with Saudi Arabia, announced the end of U.S. sanctions on Syria, and urged Saudi-Israel normalization during his visit to Riyadh.

Trump speaks at the Saudi-US Investment Forum, in Riyadh on Tuesday.
President Donald Trump and Saudi Crown Prince Mohammed bin Salman gesture as they meet delegations at the Royal Palace in Riyadh, Saudi Arabia, Tuesday, May 13, 2025. (AP Photo/Alex Brandon)
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Overview

  • President Trump secured $600 billion in Saudi investment commitments during his visit to Riyadh, with discussions hinting at a potential increase to $1 trillion.
  • Trump announced the lifting of all U.S. sanctions on Syria, signaling a significant policy shift and the restoration of ties with the new Syrian government led by Ahmed al-Sharaa.
  • The president extended an olive branch to Iran, proposing renewed nuclear deal negotiations while warning of severe economic and military consequences if talks fail.
  • Trump called on Saudi Arabia to join the Abraham Accords and recognize Israel, emphasizing regional stability and prosperity as key goals.
  • The visit featured a lavish welcome from Crown Prince Mohammed bin Salman and highlighted a strategic shift in U.S. Middle East policy toward economic partnerships over military intervention.