US President Donald Trump welcomed Saudi Crown Prince Mohammed bin Salman to the White House on November 18, marking the Crown Prince’s first visit to Washington since 2018 and signalling a renewed phase of strategic cooperation between the two countries.

The Crown Prince, who arrived for a formal working visit, was received with exceptional ceremonial honours on the South Lawn, followed by an official welcome at the South Portico. American fighter jets conducted an aerial display as part of the reception.

Trump and Prince Mohammed held a bilateral meeting in the Oval Office before attending a working lunch, ahead of a scheduled formal dinner. Speaking to reporters, Trump described the talks as “successful” and praised the Crown Prince as “a close friend of mine who enjoys great respect in the White House.”

The US president thanked Saudi Arabia for bringing $600bn in investment to the United States, adding, “I hope it reaches a trillion.” Trump also said he had attracted $17 trillion in investment during his presidency and expected that figure to reach $21 trillion by the end of his first year in office.

Trump confirmed that Washington and Riyadh had reached a new defence agreement and that he saw potential to conclude a civil nuclear deal. He further announced that the US would sell F-35 fighter jets to Saudi Arabia under an agreement similar to the one concluded with Israel.

He added that he had received a positive response from Saudi Arabia regarding the Abraham Accords, saying Riyadh was open to advancing the regional normalisation framework.

Prince Mohammed said Saudi Arabia planned to raise its investments in the United States to around $1 trillion, reiterating that the Kingdom believes in a “shared future” with Washington.

“We believe in a future with the United States,” he said, marking emerging opportunities in artificial intelligence and semiconductor technologies.

“We want to be part of the Abraham Accords. But we also want to ensure that the path to a two-state solution is clearly defined,” the prince added.

He added that he had held a “constructive discussion” with Trump on the matter and would work to help create conditions conducive to progress.

The visit coincides with the US–Saudi Investment Forum 2025, which opened in Washington on November 19. The event brings together US and Saudi leaders, global executives and technology innovators to discuss energy, AI, advanced manufacturing, health, finance and future industries. The forum also marks ten years of joint innovation and strategic partnership.

The White House confirmed that President Trump will deliver a keynote address at the forum.

The US is preparing to approve the first sales of advanced AI chips to Saudi firm Humain, as part of a broader US–Saudi cooperation framework on artificial intelligence. The approvals, which could cover tens of thousands of semiconductors, would reverse restrictions imposed since 2023.

Trump told reporters: “We are working on that,” adding that the deal would involve “certain levels of chips.”

Speaking at the forum, Prince Mohammed said Saudi Arabia would announce between $600bn and $1 trillion in new investments with the United States covering multiple sectors, including AI, raw materials, advanced minerals, computing, and semiconductors.

“There is a lot of work with America, and we commend President Trump’s efforts for peace,” he said.

“The United States is important, with a strong economy, and it is important for us to invest in it across sectors.”

The Crown Prince added, “Our investments span various levels and sectors connecting both countries. Saudi–US relations are deep, and we have worked together for decades. Today is a historic day for the future of our partnership.”