Riyadh - Sharikat Mubasher: The US-based global investment platform, Burkhan World Investments (BWI), signed three strategic memoranda of understanding (MoUs) totaling $15 billion to expand its investments in Saudi Arabia.
These agreements span critical minerals, artificial intelligence (AI), semiconductors, and dual-purpose defense technologies, the company revealed in a press release today.
The deals, signed during the Saudi-US Investment Forum 2025 as part of President Donald Trump’s official visit to Saudi Arabia, reinforce the economic and technological ties between both nations.
BWI signed a $9 billion MoU with Grand Mines Mining to launch a new Mining Investment and Operations Company headquartered in Saudi Arabia. This new venture will focus on the exploration, development, processing, and export of critical minerals, such as lithium, cobalt, and rare earth elements, vital to advanced manufacturing, energy storage, and clean energy infrastructure in the US and allied nations.
Under this partnership, the company will leverage leading-edge technologies to enhance mineral extraction and refinement, and will serve as a key supplier of processed critical minerals to the US and global markets.
The second agreement was inked with Watad Digital, a Saudi leader in emerging technologies, to launch a $1 billion AI and Semiconductor Investment Platform and Innovation Hub.
The hub will focus on developing and commercializing foundational technologies for AI, chip design, and high-performance computing. It will also nurture local startups, support global R&D partnerships, and facilitate the manufacturing of next-generation semiconductor components within the Kingdom.
Further, BWI concluded an agreement with Advanced Aircraft Technology (AAT) and global private sector partners to establish BWI Nexus, a $5 billion Dual-Purpose Defense Innovation Fund and Integrated Innovation Hub in Saudi Arabia.
The fund will co-invest with leading defense investors in AI-powered defense systems, autonomy, advanced sensors, cybersecurity, space technologies, and next-generation materials. The innovation hub will support over 320 deep tech firms from Saudi Arabia and abroad.
Commenting on these strategic partnerships, Shahal Khan, Founder and CEO of BWI, said: “These memoranda are more than investments, they are long-term platforms that support Saudi Arabia’s Vision 2030 while aligning US technological strength with regional growth priorities. We believe in building cross-border ecosystems that drive security, innovation, and prosperity for all stakeholders.”
The MoUs underscore BWI’s commitment to linking global capital with strategic sectors and building partnerships that create economic impact, support industrial transformation.