US President Donald Trump said that his tour of the Gulf region could bring in between $3.5 and $4 trillion for American businesses, DPA reported, quoted by BTA.
In a speech at a meeting with business leaders in Qatar, Trump described the trip as historic.
He said that his four-day Middle East tour would break records in terms of new investments, but did not provide details on the figures he cited.
In a separate statement, Saudi Arabia pledged investments totaling $600 billion in the United States. However, the amounts of the individual investments announced by the White House during Trump's visit are significantly below those announced by the US president. Saudi Arabia is financing a costly reform program, facing a large budget deficit and under pressure from low oil prices. According to Trump, Riyadh has ordered 160 aircraft from the manufacturer "Boeing".
According to the White House, the US and Qatar have agreed on economic exchanges worth at least $1.2 trillion, as well as business deals worth a total of $240 billion. However, few details were presented, and Qatar did not disclose details of the planned investments.
Speaking of the deal between the airline "Qatar Airways" and the US aircraft manufacturer "Boeing", Trump said it was for "over $200 billion". Shortly after, the White House put the figure at $96 billion.
For its part, the United Arab Emirates (UAE), where Trump arrived earlier today for the final leg of his tour, announced $1.4 trillion in investments in the United States over a 10-year period. According to sources in the Middle Eastern country, these investments are expected to be directed at areas such as artificial intelligence and energy.