financetom
Business
financetom
/
Business
/
Bahrain to announce $17 billion in US deals during Trump talks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bahrain to announce $17 billion in US deals during Trump talks
Jul 16, 2025 7:15 AM

WASHINGTON (Reuters) -Bahrain's crown prince is set to announce plans to invest more than $17 billion in the United States during a meeting with President Donald Trump on Wednesday, a White House official said.

As part of the investment, Bahrain is expected to sign a deal between Gulf Air and Boeing/GE valued at around $7 billion for 12 aircraft with an option for six more, the official said. 

The deal also includes the sale of 40 GE engines, the official said.

The announcement from Crown Prince Salman bin Hamad Al Khalifa comes on the heels of foreign investment deals Trump made during a trip to the Middle East in May.

During a visit to Riyadh, Trump secured a $600 billion commitment from Saudi Arabia to invest in the United States and agreed to sell the Saudis an arms package worth nearly $142 billion.

The White House official said the Bahrain deal will support 30,000 American jobs and was secured with help from Trump and Commerce Secretary Howard Lutnick.

The crown prince will also commit to deploy additional capital in excess of billions of dollars.

Bahrain is expected to be signing deals with Oracle and Cisco, with plans to replace Chinese servers with Cisco products, the official said.

Bahrain also seeks to increase its investments in U.S. energy, tech and manufacturing sectors.

The official said the crown prince intends to deploy capital to increase U.S. domestic aluminum production, invest in U.S. LNG production to secure BAH energy supplies and purchase cutting edge AI chips partnering with U.S. hyper-scalers.

During the visit, the crown prince will announce the kingdom's intention to make these investments and sign various deals and memoranda of understanding.

One of these MOUs creates a framework for Bahrain to begin discussions towards developing commercial nuclear capabilities, the official said.

Later this year, the king of Bahrain will visit Washington to finalize these agreements and solidify the progress made in building our two nation's economic prosperity, the official said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved