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Trump Family Ventures in Gulf Expand Ahead of President's Middle East Tour

As President Trump prepares for his first foreign trip of his second term, Gulf states deepen ties through real estate, cryptocurrency, and sovereign fund investments tied to the Trump family.

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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.