Mit Magzter GOLD unbegrenztes Potenzial nutzen

Mit Magzter GOLD unbegrenztes Potenzial nutzen

Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur

$149.99
 
$74.99/Jahr

Versuchen GOLD - Frei

Trump's family is rapidly striking business deals in the Mideast

Mint Mumbai

|

May 14, 2025

Saudi Arabia, the United Arab Emirates and Qatar stand out for their warm embrace of Trump Inc.

- Eliot Brown & Stephen Kalin

Trump's family is rapidly striking business deals in the Mideast

When President Trump tours the Middle East this week, he will be looking to secure investments in the U.S. from the world's richest petro-states. His family businesses and close associates already have been striking deals in the region at a rapid clip.

Saudi Arabia, the United Arab Emirates and Qatar, the three countries on the president's itinerary, stand out for their warm embrace of Trump Inc.

In the past year, Trump-branded residential towers have been launched in Dubai and Jeddah, Saudi Arabia, and a developer in April unveiled a Trump luxury golf resort at a state-owned project in Qatar at an event featuring Eric Trump and a Qatari minister.

A U.A.E. state and royal family fund earlier this month used $2 billion of a new crypto stablecoin issued by Trump's World Liberty Financial to invest in a crypto exchange.

The Trump administration is in talks with the Qatari government about accepting a plane that would serve as a temporary replacement for the U.S.'s aging Air Force One jets—and later be donated to Trump's presidential library for his use, people familiar with the matter have said.

Sovereign or royal funds from all three states have committed more than $3.5 billion to a private-equity fund run by Jared Kushner, Trump's son-in-law.

In addition, state-backed funds from Qatar and the U.A.E. were major investors in a $6 billion fundraising round for Trump adviser Elon Musk's xAI. In February, Dubai tapped his Boring Company to build an 11-mile tunnel network.

Saudi Prince Al Waleed Bin Talal Al Saud, a nephew of the king, is an investor in xAI.

This open commingling of geopolitics and personal interest breaks with longstanding American norms.

WEITERE GESCHICHTEN VON Mint Mumbai

Mint Mumbai

Mint Mumbai

'Chips require long-term plan'

India needs long-term, step-by-step ecosystem-building, alongside sustained investment in research and development (R&D), to achieve semiconductor capabilities, essential for a major global economy given silicon chips' role in the information age, according to economist and Niti Aayog member Arvind Virmani.

time to read

1 mins

January 23, 2026

Mint Mumbai

Mint Mumbai

EU halts GSP export benefits; ‘Chips require long-term plan’

The European Union (EU) has suspended export benefits to sectors such as textiles and plastics under a preferential scheme for India and two other countries from 1 January, a move that will impact the country’s shipment to the 27-nation bloc.

time to read

1 mins

January 23, 2026

Mint Mumbai

Mint Mumbai

Banks renew push to unsecured loans

India's banks are cautiously reopening the tap on unsecured lending, as policy rate cuts drive margin pressure and risks stay largely under control.

time to read

3 mins

January 23, 2026

Mint Mumbai

Mint Mumbai

Carmakers on edge as date with CAFE-III draws close

Carmakers are staring at a compliance window of less than 15 months to start getting close to stringent upcoming emission targets that are expected to come into effect from April 2027.

time to read

2 mins

January 23, 2026

Mint Mumbai

Global PE giants eye IPL champions RCB

Blackstone, Temasek weigh bids; deal may value RCB at $1.4-1.8 bn

time to read

2 mins

January 23, 2026

Mint Mumbai

BUDGET TO KEEP FISC STEADY AMID GLOBAL STORM

The Union Budget for FY27 is being formulated against the backdrop of some positive surprises, despite a highly volatile and uncertain global environment.

time to read

3 mins

January 23, 2026

Mint Mumbai

Mint Mumbai

Govt may raise allocation for power distribution reforms

Revamped Distribution Sector Scheme is likely to get ₹18,000 crore in the FY27 budget

time to read

2 mins

January 23, 2026

Mint Mumbai

Pet care startups eye users to compete with FMCG giants

Direct-to-consumer (D2C) pet care brands are leaning on subscription models to lock in customers, betting that repeat purchases can help them counter the scale and distribution advantage of India's largest packaged consumer goods players as the niche segment heats up.

time to read

2 mins

January 23, 2026

Mint Mumbai

IT majors face weak FY26 despite Q3 earnings beats

Four top IT services firms are heading into Q4 with weaker full-year trajectories than last year

time to read

3 mins

January 23, 2026

Mint Mumbai

Here's how to build an education fund in a high-inflation economy

With education inflation running at 10-12% annually, far outpacing CPI, parents must rethink savings strategies

time to read

4 mins

January 23, 2026

Listen

Translate

Share

-
+

Change font size