Saudi Crown Prince Mohammed Bin Salman reacts subsequent to U.S. President Donald Trump all over the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025.
Brian Snyder | Reuters
The plenary room of the Ritz Carlton Riyadh was once packed to the brim on Tuesday as visitors awaited the arriving of U.S. President Donald Trump and Saudi Crown Prince Mohammed bin Salman.
Attendees of the U.S.-Saudi Investment Forum incorporated ratings of the arena’s maximum robust CEOs, amongst them Elon Musk, Nvidia’s Jensen Huang and BlackRock‘s Larry Fink, to call a couple of.
The tournament’s safety corralled visitors — billionaires and junior experts alike — into the plenary to attend in suspense whilst the Saudi and American leaders held their conferences.
“We were locked in the plenary for three hours before they showed up,” Tarik Solomon, head of the American-Saudi trade chamber in Riyadh, informed CNBC. “Nothing says diplomacy like strategic patience.”
Guests described a laugh scenes as Fortune 500 executives sat cross-legged at the flooring as a result of a scarcity of seats.
“They put the CEOs on the stage as well for the whole three hours, and they didn’t have anywhere to sit. So they’re like, sitting on the ground, literally, with their legs crossed, talking to each other, which was a funny scene,” one attendee, who requested to stay nameless because of skilled restrictions on chatting with the click, informed CNBC.
“The event was really unorganized,” the visitor stated, however attested to the power within the room because the president took the degree.
“It was amazing being in that room. No matter what you say about Trump, he is a star. He knows how to work a room.”
Trump stood by myself onstage whilst Lee Greenwood’s patriotic ballad “Proud to be an American” performed at the surround-sound audio system prior to launching right into a kind of 50-minute lengthy speech that lined U.S. members of the family with the area, however centered closely on his home schedule and legacy.
“I feel like I just attended my first Trump rally,” any other attendee stated, additionally talking anonymously because of skilled restrictions.
The American chief devoted a lot of his speech to praising the Saudi kingdom, with which he has loved heat members of the family for years, and the place he made his first state consult with in 2017 all over his preliminary White House time period.
“Riyadh is becoming not just a seat of government but a major business, cultural and high-tech capital of the entire world,” Trump stated.
“Mohammed, do you sleep at night? How do you sleep?” he stated, addressing the 39-year-old crown prince, who was once seated without delay throughout from him within the target market. “Critics doubted that it was possible, what you’ve done, but over the past eight years, Saudi Arabia has proved the critics totally wrong.”
The crowd applauded as Trump stated, “He’s your greatest representative, greatest representative. And if I didn’t like him, I’d get out of here so fast. You know that, don’t you? He knows me well. I do — I like him a lot. I like him too much.”
Bin Salman sat beaming on the president, incessantly putting his hand on his middle in a gesture of appreciation.
“That’s why we give so much, you know? Too much,” Trump stated, smiling. “I like you too much.”
Saudis on social media expressed delight over their de-facto chief’s dating with the U.S. president, and regional analysts famous the stark distinction between this management’s dating with the dominion and that of the Biden management, which was once considerably cooler.
“Trump and MBS? It’s a bromance for the ages,” one summit attendee informed CNBC, regarding the crown prince via his initials.
The tournament’s primary information was once the announcement of $600 billion in investments via Saudi Arabia into the U.S., together with a report $142 billion deal to buy American guns.
“Overall, the mood was very optimistic,” Solomon of the American Chamber of Commerce stated. “The right people were in the room, and the deals felt less performative this time. Probably because they confirmed $300B+ in real agreements, rather than stitching together flashy $1B headlines.”