U.S. President Donald Trump said on Monday he plans to visit Saudi Arabia as early as May to sign an investment agreement in what will be the first foreign trip of his second term, with stops also planned in Qatar and the United Arab Emirates.

President Trump is planning to travel to Saudi Arabia in mid-May on his first foreign trip since returning to the White House, two U.S. officials and a source with knowledge of the president's travel said.

Mr. Trump told reporters earlier this month that he was considering making the visit, noting that traditionally, presidents often make their first foreign trip to the U.S.-allied United Kingdom. A visit to Saudi Arabia in May 2017 also marked the first foreign trip of Mr. Trump's first term.