The full list of Saudi-US deals clinched in Washington

US President Donald Trump and Saudi Crown Prince Mohammed bin Salman stand with Tesla CEO Elon Musk, Nvidia CEO Jensen Huang and others at the Saudi-US Investment Forum in Washington, DC. on Nov. 19, 2025. SPA
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Updated 03 December 2025
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The full list of Saudi-US deals clinched in Washington

  • The reported value of announced deals during the visit stands at approximately $557 billion

WASHINGTON: Saudi Arabia and the US, along with several companies and institutions from both nations, signed a series of agreements and memoranda of understanding during Crown Prince Mohammed bin Salman's visit to Washington on 18–19 November 2025.

The visit featured a meeting between the crown prince and President Donald Trump, as well as their joint participation in the Saudi–US Investment Forum, attended by prominent investors and major corporations.

Below is a full list of all deals reached.

Government agreements

1. The Saudi–US Strategic Defence Agreement (SDA) opens the door to broader military cooperation, encompassing technology transfers, joint training programs, and the supply of armaments.

a. A landmark defense accord reaffirming a military partnership spanning over eight decades and bolstering regional deterrence.

b. Provisions to facilitate the operations of American defense firms within Saudi Arabia.

c. Mechanisms introduced for sharing the financial burden of security between the two countries.

d. Formal announcement of Saudi Arabia’s designation as a “Major Non-NATO Ally.”

e. President Trump officially conferred the “Major Non-NATO Ally” status on Saudi Arabia.

 

2) Nuclear Agreement. A joint declaration was issued to finalize negotiations on civilian nuclear energy cooperation.

a. Establishes a long-term partnership in the field of civilian nuclear development.

b. Positions American firms as the preferred partners in the construction of Saudi Arabia’s nuclear energy programme.

c. Links cooperation to non-proliferation standards and international regulatory oversight.

3) Rare and Critical Minerals. A joint governmental framework to coordinate policies on strategic minerals.

a. Seeks to diversify global supply chains and reduce dependence on China.

b. Covers exploration, refining, and the development of value chains.

4) Artificial Intelligence. A strategic memorandum of understanding on artificial intelligence.

a. Grants Saudi Arabia access to advanced AI technologies, with safeguards in place to protect proprietary systems.

b. Aims to position Saudi Arabia as a global leader in the field of artificial intelligence.

c. Encompasses collaboration in research, computing infrastructure, and human capacity building.

5) Accelerating Investment. A strategic framework designed to accelerate investment flows between Saudi Arabia and the United States.

a. Streamlines investment approvals and expedites the launch of joint ventures across sectors such as energy, infrastructure, technology, and defence.

b. Includes regulatory alignment on vehicle standards.

c. Saudi recognition that vehicles and spare parts compliant with US standards meet domestic safety requirements.

6) Financial and Banking Cooperation. Agreements between the US Department of the Treasury and the Saudi Ministry of Finance to deepen cooperation in the following areas:

a. Capital markets

b. Financial technologies (fintech)

c. Regulatory standards

d. International financial institutions

Defense and Arms Deals

1. F-35 fighter jet deal. US authorization for the sale of advanced F-35 fighter jets to Saudi Arabia as part of a broader defense package.

a. A deal for the purchase of nearly 300 state-of-the-art American tanks to bolster the operational strength of Saudi ground forces.

b. Enhanced cooperation in operational planning and defense coordination.

c. Provisions to facilitate the deployment of defense systems such as Patriot and THAAD within Saudi Arabia.

d. Upgraded levels of intelligence and information-sharing cooperation.

Energy and Nuclear

1. Civilian Nuclear Energy. A civil nuclear cooperation agreement.

a. Affirms that enrichment and reprocessing activities will not be permitted within Saudi Arabia.

b. Paves the way for the construction of nuclear reactors using American technology.

c. Incorporates long-term financing arrangements.

2.  Energy (Oil, Gas, and Services) A package of memoranda of understanding between Saudi Aramco and American companies, valued at over $30 billion, including:

a. Investments in the liquefied natural gas project at Lake Charles in partnership with MidOcean Energy.

b. An agreement with Commonwealth LNG.

c. Collaborations in oilfield services and technologies with Baker Hughes and Halliburton.

d. Financing partnerships with Blackstone and J.P.Morgan.

Rare and Critical Minerals

A governmental framework on critical minerals covering uranium, permanent magnets, and supply chains. A Saudi–US joint venture with MP Materials to establish a rare earth elements refinery within the country.

Ownership structure:

Maaden: at least 51 percent

MP Materials and the US Department of Defense: 49 percent

Objective: To reduce global dependence on China for rare earth refining.

Artificial intelligence, technology, and digital infrastructure

1. Government Agreements

a. The Saudi–US Strategic AI Partnership

I. Provision of advanced GPUs within the country.

II. Development of data centers and supercomputing facilities.

III. Transfer of knowledge and collaboration in research and development.

2. Private sector partnerships in technology and artificial intelligence

a. Data Centre Project involving AMD, Cisco and the Saudi company HUMAIN.

b. Launching with a 100-megawatt capacity data centre in Saudi Arabia, with plans to scale up to 1 gigawatt.

c. The Halo Project: a 2-gigawatt computing supercluster in partnership between HUMAIN and Luma AI.

d. Partnership with Elon Musk's xAI

e. A 500-megawatt computing project in collaboration with Nvidia.

f. AI Engineering Hub: A partnership between Qualcomm and HUMAIN with support from Adobe.

Public Investment and Finance

1. Saudi investment commitments in the US are nearing $1 trillion, covering infrastructure, energy, industry, and technology projects.

2. Agreements valued at $270 billion signed at the Saudi–US Investment Forum.

3. Media estimates suggest the total value of announced deals during the visit stands at approximately $557bn.

4. Confirmation that the United States remains the largest foreign investor in Saudi Arabia, accounting for around 25% of its total foreign direct investment.

Private sector partnerships

1. American energy and oil companies

a. Baker Hughes

b. Halliburton.

2. Investment and financial firms
a. Blackstone Inc.
b. J.P.Morgan.

3. Entertainment and creative infrastructure firms Involving American small- and medium-sized firms seeking partnerships in:

a. Entertainment.
b. Sports.
c. Major events.
d. Creative infrastructure, such as Convergenz.


Saudi Electricity Co. launches its new corporate identity, announces transformation to Saudi Energy

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Saudi Electricity Co. launches its new corporate identity, announces transformation to Saudi Energy

RIYADH: Saudi Electricity Co. has announced the launch of its new identity and its official transformation to Saudi Energy.

This step highlights its role within the national energy ecosystem and its alignment with the structural transformations witnessed in the Kingdom’s energy sector, enhancing its contributions to supporting the security of energy supplies and grid reliability, in achievement of the goals of Saudi Vision 2030, according to the Saudi Press Agency.

Saudi Energy CEO Khaled bin Salem Al-Ghamdi said: “This transformation is a continuation of the financial, regulatory, and structural reforms that the electricity sector has been witnessing since 2020, aiming to achieve the desired goals for the sector and elevate the quality of services provided to consumers.”

Al-Ghamdi added: “It also represents an extension of a deep-rooted legacy built by the Saudi Electricity Co. over decades, a natural evolution of its vital role, and embodies a new phase in the company’s national journey.”

He affirmed that launching the new identity expresses an evolution in role and responsibility, not a change in the nature of the activity, and represents a strategic step toward establishing a modern corporate image that reflects trust, sustainability, and readiness for the future, and confirms Saudi Energy’s commitment to its national role in supporting the energy sector and contributing to achieving growth and prosperity across the Kingdom.

Al-Ghamdi also said: “Today, we build upon a rich legacy filled with achievements and developments in the electricity sector, and we embark with an identity that reflects a more integrated coming phase.”

He added: “In this phase, we are ready to continue contributing, efficiently and effectively, to supporting the national energy ecosystem and enhancing service reliability, in complete alignment with the strategic directions of the Ministry of Energy and the goals of the Kingdom’s Vision 2030.”

The company affirmed that launching the new identity and changing its name reflects the role the company plays within the national energy ecosystem. This role includes developing and implementing energy storage projects and systems, alongside its pivotal role in enabling the transformation in the energy sector. 

This involves enhancing the sector’s reliability and efficiency by reaching the optimal energy mix used in electricity generation, displacing liquid fuels to enhance and ensure supply security, expanding, upgrading, and automating transmission and distribution networks, increasing localization rates, stimulating investments, and achieving the Kingdom’s environmental goals.

This step also comes as an extension of a long and successful national journey in supplying the Kingdom with electricity, based on the company’s position as a key element in the electrical infrastructure, and affirming the pivotal role it undertakes in enhancing grid reliability, raising its efficiency, and modernizing and automating it. 

To this, it adds its role in the integration of energy sources, supporting the stability of the ecosystem and confirming its readiness for the requirements of the next phase. 

Furthermore, this development represents an extension of the approved regulatory framework governing its activities in the areas of electricity generation, transmission, distribution, and storage, and enabling the electrical system, reflecting the continuity of its operational model and the stability of the governance rules under which it operates.

Saudi Energy clarified that the new identity affirms that the customer is the core of the company’s business. This orientation, expressed in its logo and corporate promise, “Around you, For you,” represents one of the main pillars of its operational strategy. 

It reflects its commitment to elevating the beneficiary experience, enhancing the quality of interaction with them and the service provided to them, and its efforts in developing digital channels and effectively responding to the needs of individuals, business, and industrial sectors, thereby contributing to improving the quality of life and supporting the competitiveness of the national economy.

The company stated that this transformation confirms its adoption of the best global practices in managing and operating energy grids and their infrastructure. This supports operational efficiency, enhances its role as a key enabler of the electrical infrastructure, and contributes to supporting the Kingdom’s position as a global energy hub.