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.

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

Saudi Arabia’s Crown Prince Mohammed bin Salman said on Wednesday the kingdom would continue efforts through the Jeddah platform to end the conflict in Sudan. Speaking at the opening of a Gulf-U.S. summit in Riyadh,

Saudi Arabia is an important U.S. ally in the Middle East. However, the ascension of Crown Prince Mohamed Bin Salman, colloquially known as MBS, to the political forefront in Riyadh initially stretched U.S.-Saudi relations to the limit.

Trump met with Saudi Crown Prince Mohammed bin Salman and attended a US-Saudi investment forum along with Elon Musk and other top CEOs.

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

President Donald Trump praised Saudi Arabia's prince during a meeting on Tuesday, years after a U.S. intelligence report stated that the prince ordered a journalist's death.

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.