Trump has had a close relationship with the crown prince, Mohammed Bin Salman, even as his real estate company does major deals with oil-rich kingdom.

Saudi Arabia’s Mohammed bin Salman told President Donald Trump that he plans to invest $600 billion over the next four years.

The comments from Crown Prince Mohammed bin Salman came after President Donald Trump mused about returning to the kingdom as his first foreign trip.

U.S. President Donald Trump told global business leaders on Thursday they should manufacture products in the United States to avoid import tariffs and enjoy low tax rates.

While addressing the World Economic Forum in Davos one day later, Trump said that he will ask MBS, whom he called a “fantastic guy”, to round up the $600bn pledge to “around $1trn”. Trump asserted that the Saudis would do this “because we’ve been very good to them”.

Donald Trump has secured a massive $600 billion investment deal with Saudi Arabia, reinforcing his reputation as a master dealmaker. This deal aligns with Saudi Arabia’s Vision 2030 and Trump’s focus on driving economic growth and creating jobs.

"Everyone recognizes that the Palestinian issue shouldn't be left behind," an expert told Newsweek. "So there must be progress on this."

Saudi Arabia intends to invest $600 billion in the United States over the next four years, the country's Crown Prince Mohammed bin Salman has told US President Donald Trump. The two leaders discussed the massive investment plans on Thursday,

The US-brokered agreement with Israel of the United Arab Emirates, Morocco, Sudan and Bahrain in 2020 is called the ‘Abraham Accord’. Through this agreement, UAE and Bahrain restored their diplomatic relations with Israel. The deal ended decades of Israeli boycott of the Gulf countries.

Saudi Arabia plans to invest $600 billion in the United States over the next four years. A state-run agency revealed the announcement from Crown Prince Mohammed bin Salman after his phone call with President Donald Trump, according to the AFP.

One day after speaking to Saudi Crown Prince Mohammed bin Salman, President Donald Trump pushed the kingdom to increase its U.S. investment, saying he would ask the Saudis to “round out” their promised $600 billion “to around $1 trillion.