The Saudi media reported that Crown Prince Mohammed bin Salman had spoken with President Trump, who made the kingdom the first stop on his first overseas presidential trip in 2017.

Bin Salman does not clarify source of funds, offered in US president's first call with a foreign leader since returning to office; figure represents more than half of Saudi GDP

Saudi Arabia "needs to punch at (its) weight" on the global stage given its growing institutional presence and the return of Donald Trump, the kingdom's finance minister told AFP in Davos.The wealthiest country in the Arab world has taken a larger place on the international scene since assuming the presidency of the G20 in 2020,

The development will be known as Trump Tower Belgrade and will be built on a former military site leased to Affinity Partners by the Serbian government. The complex will have 175 hotel rooms and sell 1,500 residences.

U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions — at least temporarily — after his promise to ask the Saudis and OPEC to lower the cost of oil led to a downturn in crude prices.

OPEC+ has yet to react to a call from U.S. President Donald Trump for lower oil prices, with delegates from the group pointing to a plan already in place to start raising oil output from April.

WASHINGTON — President Donald Trump spoke to Saudi Arabia's Crown Prince Mohammed bin Salman on Wednesday in his first call with a foreign leader of his second term, appearing to renew efforts from four years earlier to strengthen U.S. ties to the kingdom.

Saudi Arabia is poised to invest £466 billion in the US over the next four years. This stems from Donald Trump's close relationships with the royal family. Simultaneously, the US president has declared his intention to end the war in Ukraine,

Saudi's Crown Prince pledged to boost investments and trade with the US to $600 billion, but Donald Trump set a target of $1 trillion during his address at the World Economic Forum.

Trump also said he would like to meet Russian President Vladimir Putin to negotiate an end to the war, citing loss of life as a major concern. He claimed his administration had done more in four days than the previous regimes did in four years.

Oil prices edged up on Friday but remained on track for a weekly decline after U.S. President Donald Trump announced sweeping plans to boost U.S. production and demanded that OPEC move to lower crude prices.