The document discusses the United States and Saudi Arabia arms deal, as well as a separate deal between Blackstone Infrastructure Fund and the Saudi Arabian Monetary Authority (SAMA). The text highlights a $20bn investment in US infrastructure by the sovereign wealth fund of Saudi Arabia through a new Blackstone fund. It also mentions that US President Donald Trump began his first foreign trip with a stop in Saudi Arabia, where an $110bn arms package was announced that the White House hopes will help combat terrorism and ward off threats from Iran.