Mohammed bin Salman and the Partnerships of the Future
In a historic step embodying the depth of the strategic transformation led by the Kingdom of Saudi Arabia under the leadership of His Royal Highness Prince Mohammed bin Salman, the visit has established a new phase of comprehensive partnership between the two nations. The relationship is no longer confined to traditional security aspects but has expanded to form a multidimensional strategic partnership based on mutual interests and respect.
This visit is spearheading a historic geopolitical and economic shift, transitioning the Kingdom from a traditional role to an active strategic partner in fostering regional stability and leading future economic transformations. As confirmed by His Royal Highness the Crown Prince, Saudi investments in the United States are set to rise to one trillion dollars, starting with an initial package of $300 billion signed during the forum and progressing towards the ultimate goal of one trillion dollars.
This development did not emerge in a vacuum; rather, it culminates a journey that began 92 years ago, specifically since 1352 AH/1933 AD, when the oil exploration concession agreement was signed in Saudi Arabia with the American company Standard Oil of California. Throughout this long journey, the Kingdom has proven itself to be a reliable partner, as His Royal Highness the Crown Prince indicated that the trade exchange between the two countries reached $500 billion between 2013 and 2024.
This visit is built upon the achievements of Vision 2030, which has made the Kingdom an attractive environment for global investment and a model for economic development and diversification. The Vision has succeeded in achieving most of its targets and bringing about an unprecedented transformation in economic diversification and empowering the private sector to be a main driver of growth in the largest economy in the region.
The figures demonstrate the success of this transformation, with non-oil exports rising to $82 billion in 2024, and more than 2.4 million citizens employed since the launch of the Vision. This economic success has not gone unnoticed by international partners, as US President Donald Trump noted that "there is a major and wonderful transformation in the region led by King Salman and Prince Mohammed bin Salman," considering the Kingdom "one of the most prosperous nations in the world."
The partnership between the two countries is moving towards future horizons through artificial intelligence and advanced technologies, with the Kingdom planning massive investments in data infrastructure and AI in the United States, reflecting a shift towards a knowledge-based economy. Major companies like Google, Oracle, Salesforce, AMD, and Uber have committed to joint projects worth $80 billion to foster innovation in emerging technologies.
The exceptional reception at the White House and the scale of participation in the investment forum demonstrated Washington's appreciation for the Kingdom's new status, not only as an economic force but as a key political player that cannot be overlooked in the Middle East and global arrangements. US Treasury Secretary Scott Bescent expressed this appreciation, stating: "Developing the relationship with Saudi Arabia is a top priority for the US administration."
This visit has embodied the culmination of a strategic transformation journey under the leadership of Prince Mohammed bin Salman, through which the Kingdom has shifted its relationship with Washington from a traditional framework to a comprehensive, multidimensional strategic partnership. His Royal Highness the Crown Prince affirmed that the agreements are not illusory nor aimed at pleasing the President or America, but are real deals that serve the interests of both countries, support job opportunities in the Kingdom, contribute to the localization of industry, the development of local content, and the growth of the Gross Domestic Product.
