What links have Trump and his allies maintained with Gulf states?
Removes words "oil-rich" from headline, recasts lead.
DUBAI, Nov 6 (Reuters) - Donald Trump, who won a second term in office with his victory in Tuesday's U.S. presidential election,and several of his allies continued to engage with the most powerful and wealthy Gulf countries after his first term ended in 2020.
They have forgedmulti-million dollar business deals and engagedin quiet, behind-the-scenes diplomacy.
Below are some of the meetings and deals forged between Trump, his allies and the Gulf:
*Trump hosted Qatar's ruling emir and the UAE president separately at his Mar-a-Lago residence and private club in September on the sidelines of their official visits.
*Several times since Trump left the White House, Jared Kushner, Trump's son-in-law, discussed U.S.-Saudi diplomacy with Saudi Arabia's crown prince and de-facto ruler Mohammed bin Salman, known as MBS. Kushner attended the 2022 soccer World Cup in Qatar.
*The Trump Organization, Trump's company, has forged business deals with key allies in the region, spanning the UAE, Saudi Arabia and Oman.
*The Trump Organization announced in July it was teaming up with Saudi luxury international real estate developer Dar Global to build a Trump-branded tower in Dubai.
*London-listed Dar Global also announced in July it was working with the Trump Organization to develop a Trump Tower in Jeddah, Saudi Arabia.
*In 2022, Dar Global signed a deal with the Trump Organization to use the Trump brand for its $4 billion project in the Gulf state of Oman that includes a golf course, hotel and villas.
*Other key Trump allies have also maintained business ties with Gulf powers since leaving office in 2021.
*Dina Powell McCormick, who served various roles within the Trump administration including a stint as a deputy national security adviser, was among Wall Street veterans hired to work on Saudi Aramco's first IPO in 2019. Now an executive at merchant bank BDT & MSD Partners, she attended Saudi Arabia's Future Investment Initiative conference in October 2024, a flagship event aimed at deal brokering.
*Ken Moelis, a one-time banker for Trump and the founder and chief executive of investment bank Moelis & Company, was also among those tapped to work on Saudi Aramco's first IPO. Moelis attended Saudi Arabia's Future Investment Initiative conference in October 2024.
*Steve Mnuchin, a former Goldman Sachs executive who was U.S. Treasury secretary during the Trump administration, has been a frequent visitor to Qatar, Saudi Arabia and the UAE since leaving office in 2021. The fund Mnuchin established, Liberty Strategic Capital, received backing from Abu Dhabi-based sovereign wealth fund Mubadala and SoftBank's Vision Fund.
*Congressional investigators say Saudi Arabia has invested $2 billion in Jared Kushner's private equity fund, Affinity Partners, which he set up after leaving the White House. Wealth funds in the UAE and Qatar have also invested hundreds of millions of dollars in the fund, according to The New York
Times.
*Eric Trump, one of the former president's sons, told the Financial Times in July that the Trump Organization wanted to pursue more deals in the Middle East.
*Donald Trump Jr., the former president's eldest son, traveled to Oman and Dubai in June.
Reporting by Andrew Mills in Doha and Catherine Cartier in Dubai.
Aset Berkaitan
Berita Terkini
Penafian: Entiti XM Group menyediakan perkhidmatan pelaksanaan sahaja dan akses ke Kemudahan Dagangan Atas Talian, yang membolehkan sesorang melihat dan/atau menggunakan kandungan yang ada di dalam atau melalui laman web, tidak bertujuan untuk mengubah atau memperluas, juga tidak mengubah atau mengembangkannya. Akses dan penggunaan tersebut tertakluk kepada: (i) Terma dan Syarat; (ii) Amaran Risiko; dan Penafian Penuh. Oleh itu, kandungan sedemikian disediakan tidak lebih dari sekadar maklumat umum. Terutamanya, perlu diketahui bahawa kandungan Kemudahan Dagangan Atas Talian bukan permintaan, atau tawaran untuk melakukan transaksi dalam pasaran kewangan. Berdagang dalam mana-mana pasaran kewangan melibatkan tahap risiko yang besar terhadap modal anda.
Semua bahan yang diterbitkan di Kemudahan Dagangan Atas Talian kami bertujuan hanya untuk tujuan pendidikan/maklumat dan tidak mengandungi – dan tidak boleh dianggap mengandungi nasihat kewangan, cukai pelaburan atau dagangan dan cadangan, atau rekod harga dagangan kami, atau tawaran, atau permintaan untuk suatu transaksi dalam sebarang instrumen kewangan atau promosi kewangan yang tidak diminta kepada anda.
Sebarang kandungan pihak ketiga serta kandungan yang disediakan oleh XM, seperti pendapat, berita, penyelidikan, analisis, harga, maklumat lain atau pautan ke laman web pihak ketiga yang terdapat dalam laman web ini disediakan berdasarkan "seadanya" sebagai ulasan pasaran umum dan bukanlah nasihat pelaburan. Sesuai dengan apa-apa kandungan yang ditafsir sebagai penyelidikan pelaburan, anda mestilah ambil perhatian dan menerima bahawa kandungan tersebut tidak bertujuan dan tidak sediakan berdasarkan keperluan undang-undang yang direka untuk mempromosikan penyelidikan pelaburan bebas dan oleh itu, ia dianggap sebagai komunikasi pemasaran di bawah peraturan dan undang-undang yang berkaitan. SIla pastikan bahawa anda telah membaca dan memahami Notifikasi mengenai Penyelidikan Pelaburan Bukan Bebas dan Amaran Risiko mengenai maklumat di atas yang boleh diakses di sini.