During his first major diplomatic tour since returning to the White House, US President Donald Trump sparked controversy after returning a salute to Saudi military officials during a formal reception in Riyadh.

The deal features a mix of public and private partnerships, a strong emphasis on emerging technologies, and a $142-billion arms deal.

Executives including Elon Musk and Nvidia’s Jensen Huang, were in Saudi Arabia for new investments. That, not tariffs, is what they wanted from Trump.

The United States and Saudi Arabia have discussed Riyadh's potential purchase of Lockheed's F-35 jets, two sources briefed on discussions told Reuters, referring to a military aircraft that the kingdom has reportedly been interested in for years.

BlackRock, Franklin Templeton, Northern Trust Asset Management, Neuberger Berman and I Squared Capital signed preliminary agreements with the roughly $925 billion wealth fund to invest in its efforts to develop a series of new investment strategies focused on Saudi Arabia and the wider Middle East and North Africa region.

A British Bank of America analyst has been jailed for 10 years in Saudi Arabia apparently over a since-deleted social media post.

The United States agreed on Tuesday to sell Saudi Arabia an arms package worth nearly $142 billion, according to a White House fact sheet that called it "the largest defense cooperation agreement" Washington has ever done.

RIYADH, Saudi Arabia — Elon Musk told Saudi investors he pitched President Trump and Crown Prince Mohammed bin Salman on tens of millions of “humanoid robots” and autonomous cars during his conversation with the two leaders on Tuesday.