welcome
CNBC

CNBC

World

World

Trump heads to the Middle East with oil, trade and nuclear ambitions on the table

CNBC
Summary
Nutrition label

80% Informative

President Donald Trump will touch down in the Persian Gulf region or as he may soon be calling it, the Arabian Gulf on May 13 , for an official trip with stops in Saudi Arabia , Qatar and the United Arab Emirates .

High on the agenda will likely be Israel -Gaza war ceasefire talks, oil, trade, investment deals, and potential announcements in the areas of advanced semiconductor exports and nuclear programs.

The U.S. has continued to push for ceasefire deals, most recently floating a 21-day cessation of hostilities and release of hostages.

Saudi Arabia in November pledged to invest $600 billion in the United States .

Lower global oil prices and big-ticket public spending projects have brought about widening budget deficits for Riyadh .