Saudi Public Investment Fund

US and Saudi Agree To Arms Deals Worth Almost $110 Billion

(MEEWashington has agreed to arms deals with Saudi Arabia worth almost $110bn on Saturday, the first day of President Donald Trump’s visit to the traditional US ally, with options for as much as $350bn over 10 years.
Trump hailed the $110bn deal for Saudi purchases of US defence equipment and services, which was reached during meetings in Riyadh.