Money talks (listening) at the Saudi Investment Forum, which was attended by Trump

The White House said on Tuesday that President Trump, while in Saudi Arabia, got 600 billion dollars in deals with the Saudi government and companies. But the details provided by the White House were mysterious, and it was total in less than half of this number.

And a closer look at the projects presented by the administration, which were already many works in the business before Mr. Trump took office.

This announcement was issued before Mr. Trump spoke to a group of business leaders at the United States Investment Forum in his head, where he said that the only hottest country from the United States is Saudi Arabia.

“We are shaken,” he said. “The United States is the most important country, except for your country.”

Before heading towards serious foreign policy issues, including the news it was Lifting sanctions on SyriaMr. Trump, with his favorite conversation points, hit his predecessor, and former President Joseph R. Biden Junior, and boasts of carrying swinging countries in the elections.

“The Arabian Peninsula – a beautiful place, by the way,” said. “Beautiful place.”

The biggest deal announced is what the administration described “the largest defense sales agreement in history.” The $ 142 billion agreement will provide the Kingdom with warfare equipment and services in the latest model of more than ten companies in the American defense industry.

The White House also included a commitment from Datavolt in Saudi Arabia to move forward with plans to invest $ 20 billion in artificial intelligence and energy infrastructure centers in the United States.

It also described more than two billion dollars in the work that American companies were performing in Saudi infrastructure projects, including King Salman International Airport, King Salman Park and Kidia, a huge entertainment complex. The Construction Company, Jacobs, announced its participation in the new Saudi airport project last August. AECOM, likewise, has already won a contract to provide design and project management services for the Qiddiya city project.

The total deals announced by the White House amounted to about 283 billion dollars – less than half 600 billion dollars, and the Saudi Crown Prince promised – but the administration said that this “is just a number of many guaranteed transformational deals in the Kingdom of Saudi Arabia.” White House officials said more of these deals would be coming. (The investment forum organizers said that 145 transactions were signed, totaling more than 300 billion dollars.)

The White House said the package also included a large -scale training and support to build the ability of the Saudi armed forces.

In his comments at the conference, Mr. Trump praised the quick development of the Kingdom and claimed that the Biden administration did not do much in the region.

He also went after Iran, describing it as the “largest and most destructive” that threatens the stability and prosperity of the Middle East, and its excuse will not have a nuclear weapon. Meanwhile, he said he was presenting Iran “a new path and a better path towards a better and more optimistic future”, “

Mr. Trump said: “I have never believed in the presence of permanent enemies.”

The US President was applauded when he announced that the United States will carry out sanctions against Syria, giving the new government an opportunity to rebuild a country destroyed by its long civil war.

But there was silence in the crowd after he said that it was “his strong desire” that the Kingdom of Saudi Arabia join Ibrahim agreementsThe 2020 deal in which two of its neighbors established diplomatic ties with Israel. The normalization of relations with the Israeli government is very unpopular between the Saudis and the polling bids, and Saudi officials say that recognition of Israel will depend on the establishment of a Palestinian state.

Mr. Trump also talked about the war in the Gaza Strip between Israel and Hamas.

“The people of Gaza deserve a much better future,” he said. “But this will happen or cannot happen as long as their leaders choose to kidnap, torture and target innocent men, women and children for political goals.”

The White House’s announcement about deals came hours after Mr. Trump and the duty of Prince Mohammed bin Salman signed a series of agreements between the United States and the Kingdom of Saudi Arabia.

It included a letter of intent on future defense capabilities; Memorandum of understanding with the Ministry of Justice; Cooperation on space and infectious diseases; Energy understanding notes and mineral resources.

They also included an agreement between NASA and the Saudi Space Agency For Saudi Air Cubes on the Artemis II test in NASA. Cubesat will measure the sides of the space weather in a set of distances from Earth.

The United States and the Kingdom of Saudi Arabia also signed an agreement between the Smithsonian National Zoo and the Royal Committee of Alla to support the preservation of the endangered Arab tiger through the establishment of a dedicated exhibition in Washington.

Before signing the agreements, Mr. Trump again encouraged the Kingdom of Saudi Arabia to increase its investments in the United States exceeding 600 billion dollars over a period of four years. Mr. Trump requested that the number be collected to a trillion dollars, although economists say the Kingdom It does not have such financial resources available.

“We have the world’s largest business leaders here,” said Mr. Trump. “They will walk away with a lot of checks.”

Mr. Trump spoke to those who gathered in the investment forum in the United States, which was a place for the meeting of the wealthy and strong in the world. He stored the White House with billionaires, including Elon Musk, the richest man in the world; Scott Bessin, Minister of Treasury; David or. Everyone spoke at the event.

“How do we win the artificial intelligence race?” Mr. Sachs said those who gathered. “The answer is that we have to build the largest environmental system for the partner. We need our friends like the Kingdom of Saudi Arabia and other strategic partners and allies to build on our technology.”

The gathering sometimes felt as if it had gathered in America again, if one of the IBM, Blackrock and Citigroup executives. Many of them already Saudi relations. A Saudi host jokingly that the guests “made flying great again.”

Mohamed Bahrith, 40, has a influential Saudi self -assistance, who runs a private satellite company, appeared in the forum wearing the “Trump 2028” hat associated with a red tie. “President Trump always comes as a businessman,” he said. “This is the mentality of work.”

“We want technology,” said Mr. Bahrith. “We want to empower. We want to train our youth. We want the skills a great power in this region.”

Amazon leaders, defense giants, Lockheed Martin and Nortrub Grumman, and Halliburton attended. This is how Nvidia’s CEO, CEO of NVIDIA, was the largest semiconductor company in the world; Alex Karp, CEO of Palantir Technologies Palantir Technologies; Patrick Soon-Shiong, the businessman who owns Los Angeles Times.

FIFA president, Gianni Infantino, also spoke at this event. The Kingdom of Saudi Arabia plans to host the World Cup in 2034.

The Kingdom tries to transform itself from a country that is entirely on oil production into a more diverse economy. Saudi officials say oil was up to 90 percent of government revenues, but the number is now closer to 55 percent.

Larry Fink, CEO of Blackrock, the American Investment Company, said that the Kingdom of Saudi Arabia has made “a statement to the world that we will do this ourselves, and that we will build our economy, and we will build our economy in a way that we bear control.”

Mr. Trump told his advisers that he wanted to record pledges of more than one trillion dollars during his foreign trip, which will include the stopping in Qatar and the United Arab Emirates, and they are among the richest countries in the world in the world.

Mr. Trump claimed that during the visit of the Kingdom of Saudi Arabia during his first term in 2017, he received $ 450 billion in investments in the United States. But an analysis from Tim Kalin, an economist and head of the former International Monetary Fund mission of the Kingdom of Saudi Arabia, found that this amount It was not fully achieved. Mr. Calin found that the export of American goods and services to Saudi Arabia while Mr. Trump was in office from 2017 to 2020 $ 92 billion, and Mr. Calin found less than the total during President Barack Obama’s second term.

The other two countries on Mr. Trump’s journey are also expected to make major deals.