By Yousef Saba, Gram Slattery, Pesha Magid and Nafisa Eltahir RIYADH (Reuters) - U.S. President Donald Trump secured a $600 billion commitment from Saudi Arabia on Tuesday to invest in the United States after the oil power accorded him a gala welcome at the start of a tour of Gulf states.

Flood advisories were in effect as a dozen states were at risk of severe storms, tornadoes and hail. Some areas could see 2 months' worth of rain.

President Trump, who will also go to Qatar and the United Arab Emirates, has told advisers that he wants to sign deals worth more than $1 trillion on the trip.

Most stock markets in the Gulf settled higher on Tuesday, although gains were limited as investors paused to weigh whether a temporary pause in the U.S.- China trade war would lead to a long-lasting agreement.

The representation of shares from Gulf stock exchanges in the benchmark emerging-market equity index is set to rise by almost half because of the region’s “profound transformation,” Franklin Templeton said.

U.S. President Donald Trump secured a $600 billion commitment from Saudi Arabia on Tuesday to invest in the United States after the oil power rolled out the red carpet for him at the start of a tour of Gulf states.

The House has passed a Republican-led bill that would rename the Gulf of Mexico to the Gulf of America, moving a step closer to codifying President Donald Trump’s push to rename the body of water.

Gulf sovereign wealth and private capital are moving swiftly to plug a growing gap in Africa’s development scene, as Beijing eases back from its once-dominant role as the continent’s chief financier. from 2012 to 2022, Gulf Cooperation Council nations ...