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President Donald Trump announced agreements worth hundreds of billions of dollars during his visit to the Middle East this week, where he was joined by American sales leaders who wrote agreements for defense, aviation and artificial intelligence projects, among other companies.
The Emir Sheikh of Qatar Tamim Bin Hamad Al-Thani (R) reacts while US President Donald Trump lifts his pen … More
Key facts
Qatar: Trump on Wednesday signed an investment agreement on Wednesday between the two countries worth more than $ 243.5 billion and described the plans to increase the investment to 1.2 dollars, the White House said.
Doha will invest $ 10 billion in an American military installation and buy $ 42 billion in weapons in the United States, Trump said in a speech in an American military air base in Qatar on Thursday.
Qatar Airways has agreed to buy 210 Boeing Jets worth 96 billion dollars, representing the largest agreement that Trump has been facilitated since his arrival in the Middle East, the New York Times reported.
Al Rabban Capital, based in Qatari, has signed an agreement with IT company Quannum to invest $ 1 billion in quantum technology and workforce development in the United States
The United States has also signed several defense-related agreements with Qatar, including an agreement of $ 1 billion for Qatar to acquire Raytheon RTX Drone’s defense technology, and an agreement of $ 2 billion for Qatar to buy aircraft from the general atomic.
Saudi Arabia: The White House said on Tuesday that Saudi Arabia had accepted $ 600 billion in investments, although some of the projects listed were already underway, while 145 additional offers worth more than $ 300 billion would have been signed at a conference of adjacent investors who attended several American billionaires and prominent business leaders.
An agreement of $ 142 billion for the Saudis to buy military equipment and services from more than a dozen US defense companies are included in the signed agreement that Trump has signed, said the White House.
The investment of $ 600 billion also includes $ 20 billion from the Saudi company Datolt for AI data centers and energy infrastructure in the United States, and 80 billion dollars in technology in the two countries of Google, Datavolt, Oracle, Salesforce, AMD and Uber.
More than 2 billion dollars of work by American companies in Saudi infrastructure projects, including King Salman International Airport and the Entertainment Complex of the City of Qiddiya, were also part of the agreement.
Sixing the agreement between the two governments, Elon Musk announced that Saudi Arabia has agreed to use its Internet Starlink satellite services for aviation and maritime expedition.
NVIDIA will sell 18,000 artificial intelligence tokens to the new Saudi, human -style supported company, made its debut on Monday and chaired by Saudi Crown Prince Mohammed Bin Salman.
AMD, based in the United States, announced a $ 10 billion project with Saudi Arabia to provide fleas and software for AI data centers “extending from the Kingdom of Saudi Arabia in the United States”.
Human has also announced agreements with Global IA, Cisco and Amazon, which will create an “AI zone” in Saudi Arabia, including new IA infrastructure and servers, and networks to facilitate more efficient training of AI, said the company.
What to monitor
Trump said on Thursday that Iran “had somehow accepted the conditions” of an agreement with the United States to reduce the production of nuclear weapons. “I think we may get closer to agree,” Trump said during a speech to the United Arab Emirates. Ali Shamkhani, advisor to the Iranian supreme chief, Ayatollah, Ali Khamenei, also told NBC News on Thursday that Iran was ready to sign a nuclear agreement if the United States had agreed to raise all economic sanctions against Iran.
Tangent
In addition to Musk, billionaires including Sam Altman from Openai, Larry Fink from Palantir Alex Karp Blackrock and Steve Schwarzman of Blackstone attended the American-Saudi investment forum. Schwarzman and Musk were also seated with Trump and the Qatar emir at a state dinner.
Surprisingly
Neither Trump nor the Qataris mentioned that 747 Luxury Jet Qatar planned to offer the Trump administration during his visit there.
Key
Trump’s visit to the Middle East, so far, has focused on economic investments, rather than a broader geopolitical strategy. The region is home to several new projects from Trump family businesses, including a Trump golf station in Qatar and Trump residential towers in Dubai and Jeddah, Saudi Arabia. An investment fund supported by the United Arab Emirates, MGX, also used $ 2 billion in stable issued by the Trump Family Financial World to invest in Binance earlier this year.
Upon reading
Boeing, Tesla, Nvidia and other actions are increasing in the middle of the transmission of the American-Saudi transaction (Forbes)
Qatar Airways will buy 210 jets from Boeing – while Trump is waiting for the gift of Qatar (Forbes) of Qatar (Forbes)
Visit Trump Middle East (live updates): Musk, Altman and other billionaires join Trump in Saudi Arabia, cutting billions of offers (Forbes)
