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Trump Announces $3 Trillion Gulf Investments and Record $142 Billion Saudi Defense Deal

2026-03-30

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Former President Donald Trump announced a sweeping set of economic and defense initiatives involving Gulf nations, claiming up to $3 trillion in investments from Saudi Arabia, the UAE, and Qatar. He also highlighted a proposed $142 billion defense agreement with Riyadh—described as the largest in US history—and suggested potential F-35 fighter jet sales, while emphasizing Saudi Arabia’s role as a key non-NATO ally.


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