For quick investments from the Middle East before Trump trip: Report | Donald Trump News

Explanatory

According to Bloomberg News, the USA is looking for VAE, Saudi Arabia and Qatar.

The government of the US President, Donald Trump, has reportedly discussed the opportunity to accelerate the investments by the United Arab Emirates, Saudi Arabia and Qatar in the region next week.

The early stages talks were first reported by Bloomberg News. In such a development, the US government would include the Committee on Foreign Investments in the USA (CFIUS), an Interagency Organization, who is headed by the US Ministry of Finance, and also include representatives of the departments for trade, defense, home protection and the state, which will check foreign real estate investments in order to assess a national security risk.

It is not clear what a reform would bring with it, but the goal would be to quickly invest investments from these countries with which Trump had promoted a close working relationship during his first term and had brought billions from dollars into the US economy.

The president could announce further information about the status of the changes and what he contains during his visit, which begins on May 13th.

Investment boost

Five of the 10 most active wealth funds come from these three countries. Three of these five funds are in the VAE. In March, the National Security Advisor of the VAE, Sheikh Tahnoon Bin Zayed, the president and later put $ 1.4 trillion in investments in the USA over a period of 10 years.

The commitment includes investments in sectors such as artificial intelligence, energy and aluminum production, including the first new aluminum melt in the USA for 35 years. It also includes a mining partnership of USD 1.2 billion with the ADQ based in Abu Dhabi, a sovereign asset fund, and the investment company Orion Resource partners based in New York City to reduce “critical minerals” in Africa, Asia and Latin America.

The largest segment of the proposed investment is artificial intelligence. An investment fund based on MGX has promised to invest $ 100 billion in a data center and an energy infrastructure to support AI development in the United States.

In January, Saudi Arabia promised to spend $ 600 billion in the United States in the next four years in less than a week of Trump's head of office. Trump later said at the World Economic Forum in Davos in Switzerland that he pushed the country to invest 1 trillion US dollar in the economy. Trump and Crown Prince Mohammed Bin Salman have a close relationship that the two developed in office during Trump's first term.

Qatar already had a strong investment relationship with the United States. In 2015, the Qatar Investment Authority promised an investment of USD 35 billion and opened offices in New York and Washington to facilitate investments. Qia later committed $ 45 billion in 2019.

The most remarkable investments by QIA include $ 200 million in Eatjust, an alternative meat and egg brand as well as important real estate investments in New York City, including a 10 percent participation of the Empire State Building.

Interest conflicts

Although the Trump organization-The Private Companies that were family-owned, including Trump-Hotels and Golfersorts, in the family, were not directly involved in the family, and the upcoming journey of the Trump Hotels and the Golfership, and the proposed quick investments.

A month after winning the US election, the Trump organization announced that it would rent its brand to two new real estate projects in Saudi Arabia.

The President's company also has projects and developments in all three countries to visit, and this can receive a quick status for investments.

“This trip, in which Trump will meet foreign officials who have the ability to make decisions that affect his company and his business partner, is enormous conflicts of interest for Trump, whose companies are responsible in a much more foreign business than in his first term in a message published on Thursday in Washington.

On April 30, the Trump organization, whose real estate development arm is led by his son Eric, announced a new luxury golf resort in Qatar. Unlike in the first Trump government, the Trump organization said before Trump's inauguration in January that it would not shy away from foreign real estate investments.