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From aircraft and tech to energy: How Bahrain’s $17 billion infusion can supercharge the US economy and boost jobs; check details

A White House official, Bahrain’s heir prince Salman bin Hamad al Khalif’in Wednesday on Wednesday with President Donald Trump said he would announce his plans to invest more than $ 17 billion in the United States. As a part of the investment, Bahrain is likely to make an agreement with Gulf Air and Boeing/GE for 12 aircraft about $ 7 billion. The agreement also includes the sale of 40 Ge engines.

The Crown Prince announced Trump’s trip to the Middle East in May and signed several foreign investment agreements. During his visit to Riyadh, Trump made a $ 600 billion commitment to invest in the United States from Saudi Arabia and agreed to sell a gun package worth $ 142 billion to the Saudis.

According to the White House official, the agreement with Bahrain will support 30,000 American businesses and will be guaranteed with the help of US President and Trade Secretary Howard Lutnick.

Bahrain will sign agreements in US energy and technology

Authorized also announced that Bahrain is expected to sign agreements with Oracle and Cisco, and plans to replace Chinese servers with Cisco products. In addition, the US aims to increase investments in energy, technology and manufacturing sectors.

Authorized, Crown Prince said that Crown shows the desire to use capital to invest in US LNG production to increase US domestic aluminum production, to secure energy materials and to use the latest AI chips and use capital to partner with the US hyperskers.

Crown Prince Salman Bin Hamad Al Khalif’s previous visits

The Crown Prince visited the White House twice in Trump’s first period. During this visit, Crown Prince will explain the intention of making these investments and signing various agreements and memorandum. One of these Mouss said Bahrain created a framework for the beginning of discussions to develop commercial nuclear capabilities. US Secretary of State Marco Rubio and Bahrain Foreign Minister Abdullatif bin Rashid Al Zayani were signed at the Ministry of Foreign Affairs before his visit to the White House.

The US official said he would visit Washington to conclude these agreements and strengthen the progress made in creating the economic welfare of the two countries later.

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