Saudi Aramco signs deals worth $90bn with US firms amid Trump Gulf tour – Middle East Monitor

Saudi Aramco said yesterday that it had signed 34 preliminary deals with major US companies, potentially worth up to $90 billion in a push to deepen commercial ties with the United States on the back of President Donald Trump’s visit to the kingdom, Reuters reported.

The announcement was made a day after Riyadh pledged $600 billion in US investments.

Still, most tie-ups listed by the state oil giant were memorandums of understanding without a value attached….

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News Source: www.middleeastmonitor.com

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