Article snippet: As President Trump begins his first presidential trip abroad in Saudi Arabia, an investment company run by one of his top supporters, the billionaire Stephen A. Schwarzman, has secured an enormous investment from the Middle Eastern kingdom. The company, Blackstone, which Mr. Schwarzman helped found, said on Saturday that Saudi Arabia’s had committed $20 billion to a new investment fund aimed at infrastructure projects, primarily in the United States. The commitment is about half of the capital Blackstone plans to raise for the fund. All told, including potential borrowed money, the new fund could invest more than $100 billion in infrastructure projects, the company said in its statement. The fund was one of several business deals between an American company and Saudi Arabia announced after Mr. Trump’s arrival. At a ceremony in Riyadh on Saturday, General Electric said it had agreements for $15 billion worth of projects. And the Trump administration helped line up $110 billion worth of arms deals, negotiations in which senior officials played prominent roles. For instance, Jared Kushner, Mr. Trump’s son-in-law, personally called the chief executive of Lockheed Martin to cut the price of a radar system. Lockheed Martin has since announced, among other deals, a $6 billion commitment to building 150 Black Hawk helicopters in the kingdom. In its statement on Saturday, Blackstone said it had begun discussions with Saudi Arabia about a year ago. The American investment ... Link to the full article to read more