US and Saudi Arabia sign €127 billion arms deal on first day of Trump's regional tour

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US and Saudi Arabia sign €127 billion arms deal on first day of Trump's regional tour  That agreement will see Washington provide Riyadh with 'state-of-the-art warfighting equipment' in return for a Saudi investment of $20 billion in the US' artificial intelligence sector.  READ MORE : http://www.euronews.com/2025/05/13/trump-joined-by-musk-in-saudi-arabia-as-us-seeks-major-investment-from-gulf-states  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00US President Donald Trump landed in Riyadh to kick off his Gulf tour with a delegation

00:04that includes Tesla CEO and advisor Elon Musk.

00:08Business deals and regional security are at the top of the agenda.

00:11Saudi Arabia's Crown Prince Mohammed bin Salman greeted Trump as he stepped off Air Force

00:15One and the two leaders are attending the Saudi US Investment Forum on Tuesday.

00:20Earlier this year, Saudi Arabia pledged a $600 billion investment which President Trump

00:25has said he would like to boost to $1 trillion.

00:28He'll join the summit of Gulf leaders in Riyadh before traveling to Doha.

00:32The visit to Qatar is the first by a sitting president since 2003 and is a strong demonstration

00:37of the bilateral relationship between the two countries.

00:41President Trump has hailed Qatar's mediation efforts in Lebanon, Afghanistan, and North

00:45Africa as examples of the country's key diplomatic role in regional stability.

00:50President Trump's final stop on the tour concludes in Abu Dhabi in the UAE where he would have

00:54hoped to secure major financial deals and regional security agreements with the three strategic

00:59allies in the Middle East before returning to Washington.

01:02Adil Halim, Euronews, Doha.

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