Summary
Bahrain's Crown Prince plans to invest over $17 billion in the United States. This includes a deal with Gulf Air and Boeing/GE for aircraft and engines, alongside other investments in US energy and technology sectors. The deal aims to create 30,000 American jobs.
Key Facts
- Bahrain will invest more than $17 billion in the US.
- A deal with Gulf Air and Boeing/GE involves the purchase of 12 aircraft and 40 GE engines, valued at about $7 billion.
- The investments are expected to create approximately 30,000 American jobs.
- Bahrain plans to increase investments in US energy, technology, and manufacturing sectors.
- Bahrain is set to sign agreements with Oracle and Cisco, replacing Chinese servers with Cisco products.
- The Crown Prince also aims to invest in US aluminum and LNG (liquefied natural gas) production and buy AI (artificial intelligence) chips.
- Commercial nuclear capability discussions will begin as part of a memorandum of understanding (MOU).
- Later this year, the King of Bahrain is expected to visit Washington to finalize these agreements.
