As the Trump administration prioritizes partnerships with the Mideast, China emerges as the ‘big loser,’ the Wedbush analyst told Fortune.

Amazon, Google, and Nvidia are among those who struck deals during Trump's visit to the Middle East, his first major overseas trip of his second term.

Or that he effectively auctioned off the first destination on his first major foreign trip, heading to Saudi Arabia because the kingdom was ready to make big investments in U.S. companies.It’s not even that the Trump family has fast-growing business ties in the Middle East that run deep and offer the potential of vast profits.

A previous arms deal agreed during Trump’s first term in 2017 between Saudi Arabia and the also promised a big headline figure. At the time, the White House Press Secretary Sean Spicer said the deal included "an immediate $110 billion investment" which would "grow to $350 billion over the next 10 years".

US President Donald Trump on Wednesday had tea with a former jihadist who until recently had a $10 million US bounty on his head.

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

One of the strategic thrusts of the opening months of Trump’s second terms has been aimed at deepening America’s economic engagement with the leading economies of the Gulf. Thus, the first leg of his trip to the region resulted in a template for deeper US-Saudi ties.

Crown Prince Mohammed bin Salman, the Saudi de facto ruler, warmly greeted Trump as he stepped off Air Force One at King Khalid International Airport in the Saudi capital and kicked off his Middle East tour.

Plus: Biden revelations ignite new Democratic divisions{beacon} PRESIDENT TRUMP on Tuesday pushed for a realignment between the U.S. and strategic partners in the Middle East on the first major

Miami Mayor Francis Suarez was scheduled to attend a luncheon in Riyadh, Saudi Arabia, on Tuesday to kick off President Donald Trump’s multi-day Gulf tour, where the president hopes to secure major investment deals worth over $1 trillion.

President Donald Trump kicked off his Middle East tour with a visit to Saudi Arabia on Tuesday, vowing a continued partnership between Washington and Riyadh.