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Donald Trump prizes more Gulf investment in the US

BBC
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US President Donald Trump is due to visit Gulf states this week .

Key focus will be securing significant new investment for the US economy.

The push comes amid economic headwinds, as President Trump 's new import tariffs have significantly disrupted global trade, confidence, and US economy itself.

Saudi Arabia's sovereign wealth fund, the Public Investment Fund , controls assets worth $ 925bn .

The UAE and Saudi Arabia have been investing billions of dollars into tech and AI sectors as try to diversify their economies away from oil.

Saudi Arabia is equally focused on drawing American investment into its ambitious Vision 2030 program.

Foreign direct investment into Saudi Arabia declined for a third straight year in 2024 , reflecting persistent challenges in attracting overseas capital.