As President Donald Trump tours the Middle East, the United States and Saudi Arabia signed a historic $142 billion arms deal that according to the White House was the largest defense sales agreement in history.

Trump’s first extended overseas trip of his second term will see him talking to leaders of Saudi Arabia, Qatar and the United Arab Emirates. He also plans to meet with Syrian President Ahmad al-Sharaa.

A series of side deals by the U.S. administration is raising questions about how closely in sync the allies are over major challenges in the region.

The Trump family’s business ties to the Middle East have more than tripled since the president’s first term in office, a CNN a tally of the deals has found – including a slew of new projects announced since he reclaimed the White House.

President Trump announced the change in US policy during his speech at a Saudi investment forum, kicking off the first major international trip of his second term.

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

Hamas says it will release an American-Israeli hostage held in Gaza later in the day. The Palestinian militant group said Edan Alexander would be freed on Monday as a goodwill gesture to the Trump administration.

President Donald Trump is expected to spend the majority of his 17th week back in the office traveling overseas to the Middle East.