Big Board Traders
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Big Board Traders
No Result
View All Result
Home Latest News

Trump targets massive investments in first Middle East trip

by
May 13, 2025
in Latest News
0
Trump targets massive investments in first Middle East trip
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Former President Donald Trump is embarking this week on a high-stakes tour of the Persian Gulf region, targeting business deals and strategic partnerships with three oil-rich nations: Saudi Arabia, the United Arab Emirates and Qatar.

The trip marks Trump’s first major foreign visit of his new term and comes as nuclear negotiations with Iran drag on and as war continues between Israel and the Palestinian terror organization, Hamas, in the Gaza Strip. While business is the official focus, the backdrop is anything but calm.

White House press secretary Karoline Leavitt described the mission as part of Trump’s broader vision that ‘extremism is defeated [through] commerce and cultural exchanges.’

Under President Joe Biden, U.S. relations with Gulf states cooled, particularly after Biden vowed to make Saudi Crown Prince Mohammed bin Salman a ‘pariah’ over the 2018 killing of journalist Jamal Khashoggi. But Trump has reversed course, embracing a more transactional approach that has warmed ties with regional leaders.

‘The overall goal here is that the United States is reminding our Middle East allies that we’re here to stay,’ said Gregg Roman, executive director of the Middle East Forum. ‘We’re here to promote our joint interests rather than the abandonment policies under the previous administration.’

Big money, big expectations

Saudi Arabia has already pledged $600 billion in U.S. investments, spanning weapons purchases, technology transfers, artificial intelligence and the stock market. Trump has said he believes the Saudis may ultimately commit up to $1 trillion.

While Saudi leaders aim to diversify their economy away from oil, those massive investments still depend on oil revenues, which could be threatened by Trump’s push to lower global energy prices.

In addition to economic deals, Trump and bin Salman are expected to discuss a possible civil nuclear program and expanded defense cooperation. Such agreements were once linked to a potential Abraham Accords-style normalization between Saudi Arabia and Israel.

But Riyadh has made clear it won’t recognize Israel unless Palestinian statehood is on the table, something Israeli Prime Minister Benjamin Netanyahu has staunchly opposed. No stop in Israel is scheduled during Trump’s tour.

‘Israeli normalization in any Saudi-U.S. project is an outdated option,’ said Saudi geopolitical analyst Salman Al-Ansari. ‘The second Trump administration is doubling down on its strategically autonomous Middle East policy.’

In a possible goodwill gesture ahead of the trip, Hamas released Israeli-American hostage Edan Alexander, a move Trump called ‘monumental’ in the push to end the Gaza conflict.

And as the UAE seeks to boost its ties with the U.S. and become a global AI leader by 2030, it’ll need American microchips. The UAE has gone even further than the Saudis, promising $1.4 trillion in U.S. investments over the next decade focused on AI, semiconductors, manufacturing and energy. 

Biden had tightened curbs on AI exports to keep such technologies out of the hands of adversaries at a time when China drew closer to Middle Eastern states, especially the UAE. 

On Thursday, the U.S. announced Trump would rescind the Biden-era restrictions. 

Itinerary: Three days, three power centers

Trump’s whirlwind Gulf visit begins Tuesday in Riyadh, Saudi Arabia, where he’ll headline the U.S.-Saudi Investment Forum alongside Saudi ministers, White House crypto czar David Sacks and other business leaders.

On Wednesday, he’ll attend a Gulf Cooperation Council meeting before flying to Qatar for talks with Emir Tamim bin Hamad Al Thani and a visit to the U.S. military’s Al Udeid Air Base.

Thursday’s final stop is Abu Dhabi, where Trump will meet UAE President Sheikh Mohammed bin Zayed Al Nahyan.

The Qataris are pulling out all the stops to impress: They’ve offered Trump the use of a royal Boeing 747-8, typically reserved for the Qatari royal family, to serve as Air Force One.

Since being named a major non-NATO ally by Biden in 2022, Qatar has deepened its ties with the U.S., hosting American troops and mediating sensitive negotiations, including ongoing back-channel talks between Israel and Gaza.

Doha also maintains close contact with Syria’s new president, Ahmed al-Sharaa, who ousted Bashar al-Assad and is now seeking sanctions relief and normalized ties with the West.

‘Regional leaders will have an opportunity to address the situation directly with the president,’ said regional expert Jonathan Bass. ‘Trump is the only man that can lead the way.’

Iran watching closely

While a fourth round of Iran nuclear talks in Oman over the weekend failed to produce a breakthrough, Tehran is expected to keep a close eye on Trump’s Gulf meetings.

Iranian Foreign Minister Abbas Araghchi made unannounced visits to both Saudi Arabia and Qatar ahead of Trump’s arrival, likely in hopes of passing messages through those governments to Washington.

But all three of Trump’s host nations, Saudi Arabia, the UAE and Qatar, remain wary of Iran’s ambitions.

‘The region needs to openly address the problem of the IRGC,’ said Bass, referring to Iran’s elite Islamic Revolutionary Guard Corps. ‘The IRGC is trying to undermine every single country in the region.’

This post appeared first on FOX NEWS
Previous Post

Monica Crowley clears Senate confirmation for key State Department ambassadorship

  • Trending
  • Comments
  • Latest
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Tucker Carlson says father Trump will give ‘spanking’ at rowdy Georgia rally

Tucker Carlson says father Trump will give ‘spanking’ at rowdy Georgia rally

October 24, 2024
A GOP operative accused a monastery of voter fraud. Nuns fought back.

A GOP operative accused a monastery of voter fraud. Nuns fought back.

October 24, 2024
American creating deepfakes targeting Harris works with Russian intel, documents show

American creating deepfakes targeting Harris works with Russian intel, documents show

October 23, 2024
Trump targets massive investments in first Middle East trip

Trump targets massive investments in first Middle East trip

0
Trump attacks Harris with racist stereotype, eyes ‘extreme power’ as president

Trump attacks Harris with racist stereotype, eyes ‘extreme power’ as president

0
Kamala Harris’s narrow opening with GOP-leaning voters

Kamala Harris’s narrow opening with GOP-leaning voters

0
Obama rallies with Walz in Wisconsin: ‘America is ready to turn the page’

Obama rallies with Walz in Wisconsin: ‘America is ready to turn the page’

0
Trump targets massive investments in first Middle East trip

Trump targets massive investments in first Middle East trip

May 13, 2025
Monica Crowley clears Senate confirmation for key State Department ambassadorship

Monica Crowley clears Senate confirmation for key State Department ambassadorship

May 13, 2025
Trump official targeted in Biden-era ‘disinformation’ dossier still under wraps days after Rubio revelation

Trump official targeted in Biden-era ‘disinformation’ dossier still under wraps days after Rubio revelation

May 12, 2025
No millionaire tax hike in Trump’s ‘big, beautiful bill’

No millionaire tax hike in Trump’s ‘big, beautiful bill’

May 12, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Top News

    Trump targets massive investments in first Middle East trip

    Trump targets massive investments in first Middle East trip

    May 13, 2025
    Monica Crowley clears Senate confirmation for key State Department ambassadorship

    Monica Crowley clears Senate confirmation for key State Department ambassadorship

    May 13, 2025

    Latest News

    • Trump targets massive investments in first Middle East trip
    • Monica Crowley clears Senate confirmation for key State Department ambassadorship
    • Trump official targeted in Biden-era ‘disinformation’ dossier still under wraps days after Rubio revelation

    About Big Board Traders

    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Copyright © 2025 bigboardtraders.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 bigboardtraders.com | All Rights Reserved