Overview
- President Trump is set to visit Saudi Arabia, Qatar, and the UAE next week, with his family's business ties in the region under scrutiny.
- The Trump Organization recently finalized its first luxury real estate deal in Qatar and announced a billion-dollar Dubai skyscraper with cryptocurrency-enabled purchases.
- Eric Trump's MGX firm secured a $2 billion investment from an Emirati fund to be channeled into Binance via its USD1 cryptocurrency.
- Gulf sovereign wealth funds, including Saudi Arabia's and Qatar's, have collectively invested over $3.5 billion into Jared Kushner's private equity fund.
- Analysts suggest Gulf states aim to leverage Trump family ventures for political influence, arms deals, and access to advanced U.S. technologies like AI chips.