The king is making his first visit to the White House since ascending the throne in January.
He hopes Iranians will use the money to fund domestic developments rather than hostile activities, his Foreign Minister Adel al Jubeir said.
“The Kingdom of Saudi Arabia was satisfied with these assurances after having spent the last two months consulting with our allies”, al-Jubeir said.
In this regard, King Salman expressed his support for the Joint Comprehensive Plan of Action (JCPOA) between Iran and the P5 + 1 countries, which once fully implemented will prevent Iran from obtaining a nuclear weapon and thereby enhance security in the region.
Since March, the United States has been supporting a Saudi-led intervention against Yemen’s Iran-aided Al Houthi rebels, who forced the country’s internationally recognised president into exile.
“I expect the president will express the concerns that we have about the urgent need to find a resolution to this crisis”, Prescott said during a conference call with reporters previewing the king’s visit.
The Obama administration is focused on providing assistance the president promised at the Camp David summit, including helping Gulf states integrate ballistic missile defense systems and beef up cyber and maritime security.
King Salman (L) speaks with President Obama during their meeting in the Oval Office at the White House on September 4, 2015.
“We are looking to isolate more extremist elements of the opposition, that’s been an ongoing conversation with Saudi Arabia“, he said.
“We also acknowledge the fact that we need to ensure that we’re doing everything we can to counter Iran’s destabilizing activities in the region”, Rhodes said.
The visit, which has been described by USA officials as reflective of the significance of the strategic alliance between Riyadh and Washington, represents an opportunity for both countries to develop bilateral relations under King Salman who is fully familiar with the weaknesses and strengths of the US-Saudi relations and to whose consolidation and continuity he has greatly contributed.
“Under Salman, Saudi Arabia has continued to execute people in record numbers, including nonviolent drug offenders; repressed pro-reform activists and peaceful dissidents; failed to take steps to protect the rights of foreign workers; and maintained its systematic discrimination against women and religious minorities”, the organization’s statement said.
But he said the Obama administration “needs to reassure its allies and reinforce its commitment to that partnership”, especially given Saudi concerns about the Iran nuclear deal.
Mr Obama and the Saudi monarch talked about two other areas of co-operation and disagreement as well.
Before the meeting, the US official said the issue of energy-long the central pillar of the U.S.-Saudi relationship-would be discussed only in a “routine” manner.
The king was then whisked away to the Four Seasons where he and his posse of diplomats, family members and employees rented out every single room, where they will stay until Saturday, USA Today reports.
In Syria, Saudi Arabia and the USA have significant differences about which groups to support on the country’s increasingly complex battlefield, with Washington tired of some militant groups that Riyadh has chosen to support, namely the Sunni Islamist groups Ahrar ash-Sham and Jaish al-Fatah.