Bahrain's Crown Prince Meets With Trump To Announce $17 Billion In U.S. Deals
14 hours ago
Bahrain's Prime Minister, Crown Prince Salman Bin Hamad Al Khalif is set to announce plans to invest more than $17 billion in the United States during a meeting with President Donald Trump on Wednesday (July 16), a White House official said.
As part of the investment, Bahrain is expected to sign a deal between Gulf Air and Boeing/GE BA.N, GE.N valued at around $7 billion for 12 aircraft with an option for six more, the official said.
The deal also includes the sale of 40 GE engines, the official said.
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.
Bahrain is home to the primary U.S. naval base in the region and is also the headquarters of the U.S. Fifth Fleet.
As part of the investment, Bahrain is expected to sign a deal between Gulf Air and Boeing/GE BA.N, GE.N valued at around $7 billion for 12 aircraft with an option for six more, the official said.
The deal also includes the sale of 40 GE engines, the official said.
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.
Bahrain is home to the primary U.S. naval base in the region and is also the headquarters of the U.S. Fifth Fleet.
