<p>WASHINGTON (Reuters) — Bahrain&#8217;s crown prince announced plans to invest more than $17 billion in the United States during a meeting with President Donald Trump on Wednesday.</p>
<p>As part of the investment, Bahrain is expected to sign a deal between Gulf Air and Boeing/GE valued at around $7 billion for 12 aircraft with an option for six more.</p>
<p>The deal also includes the sale of 40 GE engines, a White House official said.</p>
<p>&#8220;We&#8217;re very happy to be announcing $17 billion worth of deals that are coming to the United States,&#8221; said Crown Prince Salman bin Hamad Al Khalifa. &#8220;And this is real. These aren&#8217;t fake deals.&#8221;</p>
<p>The announcement from Crown Prince Salman bin Hamad Al Khalifa comes on the heels of foreign investment deals Trump made during a trip to the Middle East in May.</p>
<p>During a visit to Riyadh, Trump secured a $600-billion commitment from Saudi Arabia to invest in the United States and agreed to sell the Saudis an arms package worth nearly $142 billion.</p>
<p>The White House official said the Bahrain deal will support 30,000 American jobs and was secured with help from Trump and Commerce Secretary Howard Lutnick.</p>
<p>Bahrain is expected to sign deals with Oracle and Cisco, with plans to replace Chinese servers with Cisco products, the official said.</p>
<p>Bahrain also seeks to increase its investments in U.S. energy, tech, and manufacturing sectors.</p>
<p>The official said the crown prince intends to deploy capital to increase U.S. domestic aluminum production, invest in U.S. LNG production to secure energy supplies, and purchase cutting-edge AI chips, partnering with U.S. hyperscalers.</p>
<p>The crown prince visited the White House twice during Trump&#8217;s first term.</p>
<p>During this visit, the crown prince will announce the kingdom&#8217;s intention to make these investments and sign various deals and memoranda of understanding.</p>
<p>One of these MOUs creates a framework for Bahrain to begin discussions towards developing commercial nuclear capabilities, the official said.</p>
<p>It was signed at the State Department by U.S. Secretary of State Marco Rubio and Bahraini Foreign Minister Abdullatif bin Rashid Al Zayani before the White House visit.</p>
<p>Later this year, the king of Bahrain will visit Washington to finalize these agreements and solidify the progress made in building the two nations&#8217; economic prosperity, the U.S. official said.</p>
<p>(Reporting by Steve Holland; Additional reporting by Daphne Psaledakis and Trevor Hunnicutt; Editing by Jacqueline Wong and Rod Nickel)</p>

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Middle East Country Announces $17 Billion Investment In U.S. During Trump Talks

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Middle East Country Announces $17 Billion Investment In U.S. During Trump Talks