Trump in the Middle East: How much are US-Gulf investments worth?

United States President Donald Trump has started his Middle East tour, arriving in Riyadh, Saudi Arabia, just after 10am, where he was greeted by Crown Prince Mohammed bin Salman (MBS).

During his three-day trip, he will also travel to Qatar and the United Arab Emirates (UAE), with a focus on securing economic agreements with three of the world’s wealthiest nations.

The trip will involve discussions on investment opportunities, and some experts say Trump may urge the Gulf countries to lower oil prices.

When will Trump be visiting each country?

Trump arrived in Riyadh, Saudi Arabia, on Tuesday just before 10am local time (07:00 GMT), where he was greeted by MBS. The same day, he is scheduled to attend a Saudi-US investment forum featuring leading companies such as BlackRock, Citigroup, Palantir, Qualcomm, and Alphabet.

On Wednesday, he is scheduled to take part in a Gulf summit in Riyadh, before travelling to Qatar later that day. He will conclude his trip in the UAE on Thursday, May 15.

Trump’s first visit as president was to Saudi Arabia

During his first term, 2017 to 2021, Trump became the first US president to make the Middle East his first international destination, breaking with the longstanding tradition of visiting neighbouring North American countries first.

His trip to Saudi Arabia from May 20 to 22, 2017 – during which he attended the Riyadh Summit – was a calculated move to bolster defence ties and secure substantial arms deals.

During that trip, Trump also visited Israel and Palestine.

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While Trump did not go to Qatar or the UAE during his first term, he met Qatar’s Emir Sheikh Tamim bin Hamad Al Thani, Bahrain’s King Hamad bin Isa Al Khalifa and Egyptian President Abdel Fattah el-Sisi at the Riyadh Summit.

During the summit, Trump and Saudi King Salman bin Abdul Aziz Al Saud signed a $110bn arms deal, including missile defence systems, tanks, combat ships and cybersecurity technology, with the intent of buying $350bn worth of arms over 10 years.

A memorable moment from that 2017 trip to Saudi Arabia was during the inauguration of the Global Center for Combating Extremist Ideology in Riyadh. In a surreal photo op that quickly went viral, Trump stood alongside King Salman and President el-Sisi with their hands on a glowing orb.

Trump Sisi Salman globe
Left to right, Egyptian President Abdel Fattah el-Sisi, Saudi King Salman, US First Lady Melania Trump and President Donald Trump, at the new Global Center for Combating Extremist Ideology, in Riyadh on May 21, 2017 [Saudi Press Agency via AP]

What is the value of US-Gulf investments?

Sami al-Arian, director of the Center for Islam and Global Affairs at Istanbul Zaim University, told Al Jazeera that Trump has been very vocal about his objective in visiting the three Gulf states: investments.

Trump’s administration has reportedly discussed the possibility of expediting investments by Saudi Arabia, Qatar and the UAE before his trip to the region.

“He’s trying to get trillions of dollars out of these countries,” al-Arian told Al Jazeera.

“He’s already said that he’s hoping to get $1 trillion from Saudi Arabia in terms of arms sales and commercial deals,” he said.

US-Saudi investments

According to the latest data from the US Department of Commerce, the total stock of US foreign direct investment (FDI) in Saudi Arabia reached $11.3bn in 2023.

Conversely, Saudi Arabia’s FDI stock in the US stood at $9.6bn, mostly in transport, real estate, plastics, automotive, financial services and communications, according to the Commerce Department.

These figures are only FDI, not other investments, like portfolio investments or short-term financial flows.

US-Qatar investments

In 2023, the total stock of US FDI in Qatar was estimated at $2.5bn.

According to the US-Qatar Business Council, US companies that have facilitated FDIs in Qatar focused on the fields of energy, petrochemicals, construction, engineering, and communications technology.

Conversely, Qatari FDI stock in the US reached $3.3bn in 2023, with investments concentrated in financial services, energy and real estate.

US-UAE investments

In 2023, the total stock of US FDI in the UAE reached $16.1bn.

According to the Reuters news agency, in 2023, the main FDI drivers were manufacturing, finance and insurance, construction and wholesale and retail trade sectors.

Meanwhile, UAE FDI stock in the US totalled $35bn in 2023 – in financial services, transport, food and beverages, aerospace, and business services, according to the Commerce Department.

In March, UAE National Security Adviser Tahnoon bin Zayed Al Nahyan met Trump and committed $1.4 trillion in investments to the US over 10 years in sectors such as artificial intelligence, semiconductors, energy and manufacturing.

Weapons trade between the nations

The US is the biggest exporter of arms globally and a top supplier to Gulf countries.

Qatar and Saudi Arabia each accounted for 6.8 percent of the world’s total arms imports for 2020-24, making them the third and fourth largest importers globally.

The UAE is the 11th largest importer of arms, accounting for 2.6 percent of global imports for the same period.

Saudi Arabia is the main recipient of US arms, according to the Stockholm International Peace Research Institute (SIPRI). Between 2020 and 2024, Saudi Arabia received 12 percent of the US’s total arms exports.

About 74 percent of Saudi arms imports come from the US.

Trump is poised to offer Saudi Arabia an arms package worth more than $100bn during his trip, according to Reuters.

In the 2020-24 period, the US was the top supplier of arms to Qatar, accounting for 48 percent of its imports.

In March, the US Department of State approved a large weapons package to Qatar worth $2bn, which includes long-range maritime surveillance drones and hundreds of missiles and bombs.

‘No guardrails’: How India-Pakistan combat obliterated old red lines

New Delhi, India – Guns have fallen silent for now along the tense India-Pakistan frontier, after a ceasefire that appears to have held for three nights.

On May 7, India launched predawn attacks on what it called multiple “terror sites” across Pakistan to avenge the April 22 killing of 26 men, almost all of them tourists, in Indian-administered Kashmir’s resort town of Pahalgam. New Delhi accused Islamabad of backing the gunmen. Pakistan denied its involvement.

India’s aerial assault kick-started four days of heightened tension, as both neighbours fired missiles and drones at each other’s military installations in a rapidly escalating cycle that brought them to the brink of full-scale war.

Both sides have claimed to have decisively damaged, even destroyed, the other’s key strategic facilities, even though early evidence suggests more limited damage to military bases in both India and Pakistan.

Yet even as India and Pakistan arrived at a ceasefire that United States President Donald Trump insists his administration brokered, experts say something has indeed been decimated, potentially beyond repair: Old red lines that had defined the tense relationship between the South Asian neighbours.

“India and Pakistan have entered a phase of ‘armed coexistence’ with little room for diplomacy and a narrow margin for error, despite having a live and sensitive border,” Praveen Donthi, senior analyst at the International Crisis Group in New Delhi, told Al Jazeera.

“This situation does not bode well for either country or the region, because even accidental triggers could escalate into a war-like situation with no guardrails in place.”

India-Pakistan dispute: Who settles it?

The seeds of the India-Pakistan conflict were sown when their independence from British rule in 1947 was accompanied by a partition of the Indian subcontinent to create Pakistan.

Since then, the two neighbours have fought four wars, three of them over Kashmir, a region they both control partially along with China, which governs two thin slices in the north. India claims all of Kashmir, while Pakistan claims all parts other than the ones governed by China, its ally.

After their 1971 war that led to the creation of Bangladesh, India and Pakistan signed what is known as the Simla Agreement, which said “the two countries are resolved to settle their differences by peaceful means through bilateral negotiations.”

While Pakistan has often cited United Nations resolutions to argue for international involvement in the resolution of the Kashmir dispute, India has cited the Simla Agreement for more than half a century to insist that any negotiations between the countries be strictly bilateral.

To be sure, the US has since intervened to calm tensions between India and Pakistan: In 1999, for instance, President Bill Clinton pressured Pakistani Prime Minister Nawaz Sharif to withdraw troops from the icy heights of Indian-controlled Kargil, where they had entered. However, Washington publicly played coy about its role, allowing India to insist that the US had only helped with crisis management, not any dispute resolution mediation.

That changed on Saturday, when US President Donald Trump upstaged New Delhi and Islamabad to announce a “full and immediate” India-Pakistan ceasefire hours before the governments of Indian Prime Minister Narendra Modi or his Pakistani counterpart Shehbaz Sharif confirmed the development.

The next day, Trump went further. “I will work with you, both to see if, after a ‘thousand years,’ a solution can be arrived at concerning Kashmir,” he posted on his Truth Social platform.

And on Monday, merely 30 minutes before Modi was scheduled for his first address since India launched attacks in Pakistan, Trump told reporters at the White House that his administration had leveraged trade to reach a ceasefire. “Let’s stop [the fighting]. If you stop it, we’ll do a trade. If you don’t stop it, we’re not going to do any trade,” Trump said. “And all of a sudden they said, ‘I think we’re going to stop.’ For a lot of reasons, but trade is a big one.”

Such US mediation, were it to happen, would shatter India’s longstanding red line against mediation by other countries, say experts.

“India has consistently sought to avoid third-party involvement in the Kashmir dispute even as it has occasionally welcomed third-party help in crisis management,” Christopher Clary, a former Pentagon official and a non-resident fellow at the Washington, DC-based Stimson Center, told Al Jazeera.

When he spoke, Modi largely stuck to traditional positions he has taken after previous bouts of tension with Pakistan. He said “terror and talks cannot happen together,” and “water and blood cannot flow together,” a reference to the Indus Waters Treaty for sharing water between India and Pakistan, which New Delhi walked out of after the Pahalgam attack.

Unlike Pakistan PM Sharif, who expressed gratitude to Trump for brokering a ceasefire, Modi claimed that India had “only paused” its military action – noting the decision was taken bilaterally. He did not mention Trump or his administration.

Regardless, “the spectre of international intervention” in Kashmir has been resurrected, said Sumantra Bose, political scientist and the author of the 2021 book Kashmir at the Crossroads. He said India’s furious barrage of missiles and drones at Pakistan in response to the Pahalgam killings “catered to domestic jingoism but naturally roused global alarm”.

India might, however, be helped in avoiding actual US intervention in Kashmir by the immediacy of the Trump administration’s other foreign policy goals, like the conflicts in the Middle East and Ukraine, “that will divert already overburdened [American] policymakers to other tasks”, said Clary.

Unprecedented targets

According to Bose, India and Pakistan crossed not just red lines, “but a Rubicon by attacking numerous high-population targets in cities and towns” last week.

India, in its most expansive offensive against Pakistan outside full-blown wars, said it hit “terrorist infrastructure” on May 7 as part of what it called Operation Sindoor. That was a reference to the vermillion that married Hindu women apply to their forehead, and an allusion to the manner in which the Pahalgam attack appears to have unfolded: Multiple witness accounts suggest the attackers segregated the men, then picked and hit non-Muslims.

Modi claimed, in his Monday statement, that the Indian attacks had killed more than 100 “terrorists”. Pakistan has insisted that only 31 civilians – including two children – were killed in the May attacks.

Yet both sides agree that the Indian missiles struck not just two cities – Muzaffarrabad and Kotli – in Pakistan-administered Kashmir, but also four cities in Pakistan’s Punjab province, the county’s economic heart and home to 60 percent of its population. The targets were Bahawalpur, Muridke, Shakar Garh and a village near Sialkot. This was the first time that India had struck Punjab since the 1971 war.

As tensions spiked, India accused Pakistan of unleashing a swarm of drones towards it – a charge Islamabad denied. Then India launched a wave of drones that reached Pakistan’s biggest population centres, including its two biggest cities, Karachi and Lahore. In the early hours of May 10, India and Pakistan fired missiles at each other’s military bases across multiple provinces – far beyond disputed Kashmir – even hitting a few.

Pakistan, which called its campaign Operation Bunyan Marsoos (a structure made of lead, in Arabic), targeted Indian air force bases and missile storage facilities in Drangyari, Udhampur, Uri and Nagrota (all in Indian-administered Kashmir), as well as in Pathankot, Beas and Adampur in Indian Punjab and Bhuj in Gujarat, Modi’s home state. Indian armed forces said that while they shot down most incoming missiles and drones, four air force bases suffered “limited damage”.

“We don’t know what the quantum [of Indian losses] are, but clearly Pakistan has demonstrated capability to impose costs on India even as we try to impose costs on them,” Indian military historian and strategic analyst Srinath Raghavan told Al Jazeera.

“Regarding red lines, another thing Pakistan sought to demonstrate was that they could keep this [the fighting] going till they had hit Indian military installations in retaliation.”

Meanwhile, India too targeted the Nur Khan airbase near Rawalpindi, Murid airbase in Chakwal and the Rafiqui airbase in Shorkot.

“India has shown that it is willing and capable of carrying out more strikes across the border, whether it’s a terrorist or even military infrastructure in Pakistan,” Raghavan said. India’s response went far beyond what happened in 2019, when Indian jets bombed what they described as a “terrorist camp” in Balakot, in Pakistan’s Khyber Pakhtunkhwa province, after a suicide bomber killed more than 40 Indian paramilitary soldiers.

Now, the 2025 attacks will serve as the new baseline for India, experts said.

“India would respond [in the future] on a similar scale, perhaps even a little bit more. Given the way both Balakot and the current crisis have played out, that should be the expectation,” said Raghavan.

Other weapons: Water to peace pacts

It isn’t just missiles and drones that the two sides fired at each other, though.

Right after the Pahalgam attack, India suspended its participation in the Indus Waters Treaty, a 1960 agreement that had previously survived three wars – in 1965, 1971 and 1999 – unscathed. The treaty gives India access to the waters of the three eastern rivers of the Indus basin: The Ravi, Beas and Sutlej. Pakistan, in turn, gets the waters of the three western rivers: The Indus, Jhelum and Chenab.

The river system is a vital lifeline for Pakistan, which relies on its waters. India, as the upper riparian state, has the ability – in theory at least – to restrict or stop the flow of the water into Pakistan. Islamabad described New Delhi’s decision to walk away from its obligations under the Indus Waters Treaty as an “act of war”.

In an incendiary remark at the peak of the tensions, Pakistani former Foreign Minister Bilawal Bhutto said “either the water will flow, or their blood will,” seemingly referring to Indians.

Three days after the ceasefire was announced, India has still not recommitted itself to the pact. In his speech on Monday evening, Modi’s statement that “blood and water cannot flow together” signalled that New Delhi had not yet decided to return to the treaty.

New nuclear threshold?

Even as India and Pakistan ratcheted up their measures – first diplomatically, then militarily – against each other, the rest of the world was spooked by the prospect of what could have turned into a full-blown war between nuclear-armed neighbours.

Up until now, that reality of nuclear weapons has affected India’s decisions in terms of how it treats its tensions with Pakistan, said Clary, the former Pentagon official. “India’s goal is to punish Pakistan without risking nuclear danger,” he said.

But on Monday, Modi appeared to suggest that New Delhi was reassessing that approach. “India will not tolerate any nuclear blackmail. India will strike precisely and decisively at the terrorist hideouts developing under the cover of nuclear blackmail,” he said.

Modi’s comments pointed to a “fundamental shift that has occurred in relations between India and Pakistan”, Donthi, the International Crisis Group analyst, said. “Both sides are willing to take greater risks and explore the potential for escalation below the nuclear threshold. However, there is very little space there, effectively making the euphemism of the region being a nuclear flashpoint truer than ever.”

Armed group or Pakistani government? No difference to India

Modi’s comments on “nuclear blackmail” weren’t the only ones that marked a break from the past.

When India launched attacks against Pakistan on May 7, it emphasised that it was only targeting “terrorist” bases and not attacking Pakistani military installations. However, on Monday, Modi said that in future, “India will not differentiate between the government sponsoring terrorism and the masterminds of terrorism.”

That position raises the danger of war, said experts.

“The conflation of terrorists and their (alleged) backers – namely, the military and the government – portends serious risks,” Donthi said. “It assumes that they are in lockstep. Such an assumption doesn’t take into account facts such as the seemingly successful ceasefire.”

India and Pakistan had signed a ceasefire along the Line of Control (LoC) in 2003 and had renewed it in 2021. Despite cross-border firing along the LoC, the ceasefire had largely held until last week.

With the threshold for a military conflict lowered, “the situation has become precarious,” Donthi said.

Russia-Ukraine war: List of key events, day 1,174

Here is where things stand on Tuesday, May 13:

Ceasefire

  • Moscow has yet to say whether Russian leader Vladimir Putin will attend direct talks with Ukrainian President Volodymyr Zelenskyy slated for Thursday in Istanbul and proposed by Kyiv over the weekend. The leaders have not met since December 2019.
  • United States President Donald Trump said he is “thinking about flying over” to Istanbul to join the potential Putin-Zelenskyy talks.
  • “I don’t know where I’m going to be on Thursday – I’ve got so many meetings – but I was thinking about actually flying over there. There’s a possibility of it, I guess, if I think things can happen,” Trump said. “Don’t underestimate Thursday in Turkey.”
  • US Secretary of State Marco Rubio said he held a joint call with Ukrainian and European officials to discuss a “way forward for a ceasefire” on Monday.
  • Europe will reportedly push the White House for new sanctions on Moscow if Putin either fails to attend the Istanbul meeting, or fails to agree to an “immediate and unconditional ceasefire”, Bloomberg reported, citing people familiar with the matter.
  • Germany said it is also preparing sanctions against Moscow if the talks stall.

Fighting

  • Ukraine says that Russia is “completely ignoring” calls for a 30-day ceasefire made over the weekend by the US and Europe. It was due to begin on Monday.
  • “Russian shelling and assaults continue,” Zelenskyy said in a nightly address. “Moscow has remained silent all day regarding the proposal for a direct meeting. A very strange silence.”
  • Ukraine’s military said that there had been 133 clashes with Russian forces along the front lines up to Monday night.
  • The heaviest fighting continues in the Donetsk region on Ukraine’s eastern front and Russia’s western Kursk region. Ukraine’s military said the intensity remains unchanged since the ceasefire was supposed to begin.
  • Moscow called the 30-day ceasefire an excuse by Europe to “provide a breather for Kyiv to restore its military potential and continue its confrontation with Russia”.

Music mogul ‘Diddy’ faces allegations of abuse during first day of US trial

A number of witnesses have taken to the stand in the trial of Sean “Diddy” Combs, who is facing allegations of racketeering and sex trafficking during his time as head of an entertainment empire.

Testimony in the trial began on Monday after the final phase of jury selection and opening statement from lawyers. Combs, donning a light-grey sweater, gave a thumbs-up to supporters in the courtroom in New York City in the United States.

“For 20 years, the defendant, with the help of his trusted inner circle, committed crime after crime,” Assistant US Attorney Emily Johnson told the court. “That’s why we are here today. That’s what this case is about.”

A number of witnesses testified that they had experienced physical violence, intimidation, and manipulation by Combs, while the rapper’s lawyers said that he has been charged with the wrong categories of crimes and “his kinky sex and his preferences for sex” were being portrayed as nefarious.

Attorney Teny Geragos told jurors that they may end up thinking Combs was a “jerk” or “kind of mean”, but that he is not being charged “with being mean or a jerk”.

“This case is about voluntary choices made by capable adults in consensual relationships,” Geragos said during her opening statement.

Johnson, the US attorney, said that Combs “viciously attacked” women who refused to participate in the parties that were called “freak offs”.

“They will tell you about some of the most painful experiences of their lives. The days they spent in hotel rooms, high on drugs, dressed in costumes to perform the defendant’s sexual fantasies,” Johnson told jurors of testimony from victims in the case.

Prosecutor Emily Johnson points to Sean ‘Diddy’ Combs before US District Judge Arun Subramanian at Combs’s sex-trafficking trial in New York City, New York, the US, May 12, 2025, in this courtroom sketch [Jane Rosenberg/Reuters]

‘She was shaking’

The courtroom became audibly silent as a video of Combs beating and kicking his former girlfriend Casandra Ventura in 2016 was shown.

A stripper named Daniel Phillip testified that Combs had thrown a liquor bottle towards Ventura before grabbing her by the hair and dragging her screaming into another room, where Phillip says he heard Combs yelling and beating Ventura.

“She literally jumped into my lap and she was shaking, like literally her whole entire body was shaking. She was terrified,” Phillip testified of Ventura.

Geragos conceded that Combs is prone to jealousy and had committed an act of “horrible, dehumanising violence” in the video shown to jurors, but that it was evidence of domestic abuse, not alleged acts of sex trafficking or racketeering that are at the centre of the case.

Prosecutors say that Combs, who faces a mandatory minimum sentence of 15 years in prison if convicted of all five felony counts to which he had pleaded not guilty, pushed women to engage in drug-fuelled parties and then blackmailed them with videos of their encounters.

Prosecutor Christy Slavik questions Israel Florez, a former security guard, as Sean
Prosecutor Christy Slavik questions Israel Florez, a former security guard, at Sean ‘Diddy’ Combs’s sex-trafficking trial in New York City, New York, the US, May 12, 2025 in this courtroom sketch [Jane Rosenberg/Reuters]

Combs’s status as a high-profile entertainer has brought substantial attention to the trial, as well as larger debate about how powerful figures in sectors such as entertainment, business, sports, and politics often evade accountability for acts of abuse.

As the case began, the jury and alternates – 12 men and six women – were seated in the courtroom. Opening arguments started after the judge finished explaining the law as it relates to this trial, along with incidentals such as that a light breakfast will be provided to the jury in addition to lunch.

The jury for this case is essentially anonymous, meaning their identities are known to the court and the prosecution and defence, but will not be made public.

“We will keep your names and identities in confidence,” Subramanian told jurors.

It’s a common practice in federal cases to keep juries anonymous, particularly in sensitive, high-profile matters where juror safety can be a concern. Juror names also were kept from the public in US President Donald Trump’s criminal trial last year in state court in New York.

Subramanian urged jurors to judge the case only based on the evidence presented in court. It’s a standard instruction, but it carried added significance in this high-profile case, which has been the subject of intense media coverage.

UN urges calm as heavy fire, clashes erupt in Libya’s Tripoli

The United Nations has called for urgent de-escalation in Libya’s capital, Tripoli, as rival gunmen exchanged fire in the city’s southern districts after the killing of a powerful militia leader, prompting authorities to impose an emergency lockdown warning.

Residents reported hearing heavy gunfire and explosions across multiple neighbourhoods from about 9pm local time (19:00 GMT), according to journalists on the ground.

Reporting from Libya’s Misrata, Al Jazeera’s Malik Traina said security sources had confirmed the killing of Abdel Ghani al-Kikli, widely known as “Gheniwa”, who is the head of the powerful Stability Support Authority militia.

Gunfire and clashes then consumed several parts of Tripoli.

Al-Kikli was one of the capital’s most influential militia leaders and had recently been involved in disputes with rival armed groups, including factions linked to Misrata.

Traina said that at least six people have been injured, although it remains unclear whether they are security force members or civilians.

“People are angry that every time these armed groups clash, civilians are caught in the crossfire,” he continued, adding that residents are demanding “accountability”.

“When these groups fight and people are killed, no one is held responsible. Locals want justice, and expect the authorities to hold those behind the violence accountable,” he said.

In a statement early on Tuesday, the UN Support Mission in Libya (UNSMIL) said it was “alarmed by the unfolding security situation in Tripoli, with intense fighting with heavy weaponry in densely populated civilian areas”.

UNSMIL added that it “calls on all parties to immediately cease fighting and restore calm, and reminds all parties of their obligations to protect civilians at all times”.

UNSMIL voiced support for local mediation efforts, particularly those led by elders and community leaders, emphasising the need to protect civilians amid mounting tensions.

Schools shut, residents told to stay indoors

The Ministry of Internal Affairs urged residents to stay home and avoid movement, warning of further instability. Meanwhile, the Ministry of Education suspended classes across Tripoli on Tuesday, citing the deteriorating security situation.

Libyan social media platforms have been flooded with videos and images showing gunfire, plumes of black smoke rising, armed men in the streets and convoys entering the city.

Footage verified by Al Jazeera’s Sanad fact-checking agency captured the sound of medium-calibre gunfire in several neighbourhoods, including areas where the Stability Support Authority militia is known to operate.

Several districts have seen what local sources describe as “suspicious military manoeuvres”, with convoys arriving from Az-Zawiyah, Zintan, and Misrata – seen by many as preparations for a possible showdown in the capital.