• California Consumer Privacy Act (CCPA)
  • Contact us
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms of Use
News Net Daily
  • Business
  • politics
  • sports
  • USA
  • World News
    • Tech
    • Entertainment
    • Health
  • Contact us
No Result
View All Result
  • Business
  • politics
  • sports
  • USA
  • World News
    • Tech
    • Entertainment
    • Health
  • Contact us
No Result
View All Result
News Net Daily
No Result
View All Result

Trump joined dozens of CEOs during his trip to the Middle East

William by William
May 14, 2025
in World News
0
Trump joined dozens of CEOs during his trip to the Middle East

US President Donald Trump and Boeing CEO Kelly Ortberg are attending a signature ceremony with Emir Tamim Bin Hamad Al Thani (not illustrated) from Qatar, Doha, Qatar, May 14, 2025.

Brian Snyder | Reuters

On Tuesday, more than 30 business leaders representing the best American companies joined President Donald Trump for a lunch in Saudi Arabia during the president’s high challenges tour.

A list provided by the White House includes Big Banks executives, AI companies, defense entrepreneurs and retail giants. He also portrays a broader image of executives and companies that cultivated links with the second Trump administration.

The impetus to be simple is simple: invitations to attend American presidential events abroad are among the most prestigious in politics and business. They offer managers a chance to network with Saudi investors, to build relationships and to show patriotic support for American industry.

In some respects, the issues are higher this year than in the past. Many companies are faced with challenges and uncertainty caused by Trump’s pricing and commercial policies.

Many entrepreneurs entered all the chances available to pursue the objectives and joint interests with the famous transactional president.

Lunch was part of a crowded calendar for the president, which currently goes around the Middle East. In a speech on Tuesday, Trump congratulated Saudi Arabia after the White House announced that it had obtained $ 600 billion in kingdom investments.

Lunch was organized by Saudi Crown Prince Mohammed Bin Salman at the Saudi Royal Court of Riyadh. Numerous companies represented have also contributed to the inauguration fund of Trump, which made it possible to collect 239 million dollars, a large part of which should be spent for the Trump presidential library project.

Some of the executives present have already announced agreements obtained during the trip.

Here are some of the notable participants.

Elon Musk, CEO of Tesla and SpaceX

Tesla CEO Elon Musk reacts before a state dinner organized by the Emir Tamim of Qatar, Bin Hamad Al Thani during a visit by American President Donald Trump, at the Palais de Lusail in Lusail, Qatar, May 14, 2025.

Brian Snyder | Reuters

THE Tesla And the CEO of SpaceX worked hand in the glove with Trump throughout his second term, supervising the Ministry of Effectiveness of the Government (DOGE) which reduced the federal workforce by tens of thousands. Since Trump came into office, the regulatory problems of Musk companies have also started to fade. The Ministry of Justice abandoned a case against SpaceX in February, and Trump dismissed an inspector general of the Ministry of Agriculture in January who launched an investigation into another Musc company, Neuralink.

During the investment forum on Tuesday, Musk announced that Saudi Arabia had approved Starlink satellites, manufactured by SpaceX, for aviation and maritime use in the region.

Alex Karp, CEO of Palantir

Actions of the IA of Defense Palantant have climbed 45% this year, while many of its technological counterparts have flowed. POP is due in part to the revisions of the Federal Department of Trump, which have created opportunities for company AI tools to fill the gaps in agencies that now have fewer employees.

Karp also donated $ 1 million to Trump inauguration fund.

Kelly Ortberg, CEO of Boeing

US President Donald Trump speaks with Boeing CEO Kelly Ortberg, and Qatar Emir Tamim Bin Hamad Al Thani before a state dinner at the Palais de Lusail in Lusail, Qatar, May 14, 2025.

Brian Snyder | Reuters

Boeing“ S Ortberg attended Tuesday lunch one day before the White House announced that the company concluded its “largest” agreement with Qatar Airways.

Boeing tries to return after a rocky year, announcing Wednesday that his deliveries almost doubled in April.

Jensen Huang, CEO of Nvidia

Nvidia“S Huang announced Tuesday that Nvidia will sell more than 18,000 of her latest artificial intelligence chips to human Saudi society.

“It is an incredible vision, in fact, that Saudi Arabia should build the AI ​​infrastructure of your nation so that you can participate and help shape the future of this incredibly transformative technology,” said Huang. Like several other companies whose leaders went to the region this week, Nvidia gave $ 1 million to the Trump inauguration fund.

Sam Altman, CEO of Openai

Altman d’Openai made a donation of $ 1 million to the Trump Inauguration Fund and in January, he posted on X, “Watch @potus more carefully recently changed my perspective on him.”

Altman is now working on the Stargate project, collaboration with the government to build an artificial intelligence infrastructure.

Andy Jassy, ​​Amazon CEO

AmazonJassy has already talked about the impact of Trump prices in the retail and consumers more broadly, telling CNBC in April that the company still digests the impact of prices and sellers could “transmit this cost”.

Larry Fink, CEO of BlackRock

BlackrockFink was seen by welcoming the Saudi crown prince alongside Trump on Tuesday. Blackrock made a donation of $ 1 million to Trump’s inauguration fund. But the company won in favor of the White House in March, when it agreed to acquire ports at each end of the Panama canal of a company based in Hong Kong. This agreement is currently on ice in the midst of global trade tensions.

Ruth Porat, President and CIO of the alphabet

Google was represented at lunch by Porat. The technology giant was part of the agreement with the Maison Blanche-Saudi announced on Tuesday, Google contributing to a total of $ 80 billion to invest in the United States and Saudi Arabia.

Like many other participants, Google gave $ 1 million to the Trump inauguration fund.

Arvind Krishna, CEO of IBM

IBM focused on strengthening its American jobs and production, Krishna announcing two weeks ago that the company is investing $ 150 billion in the United States over the next five years. The new investment followed Trump’s massive price announcements last month. IBM gave $ 750,000 to the Trump inauguration fund.

James Quincey, CEO of Coca-Cola

Coca-ColaQuincey represents one of the most oriented companies on the front line of Trump’s pricing wars. During a profit call from the February company, Quincey said that Coca-Cola was planning to move his aluminum packaging to plastic bottles more due to Trump aluminum rates. Coca-Cola made a donation of $ 250,000 to the Trump inaugural fund, as well as drinks.

Dara Khosrowshahi, CEO of Uber

UberKhosrowshahi donated $ 1 million to Trump inauguration fund. Despite economic uncertainty, the company declared solid profits from the first quarter that beat Wall Street’s expectations.

William Oplinger, CEO of Alcoa

AlcoholOplinger has joined other executives superior to lunch. The aluminum company is among the hardest hardest affected by Trump aluminum rates, providing for a price of $ 90 million in the second quarter.

Previous Post

Leonardo DiCaprio The ex-MORRONE of Leonardo DiCAPrI with his boyfriend Cole Bennett

Next Post

Red Sox Place Tanner Houck on the injured list with deformation of the pronator flexor

Next Post
Red Sox Place Tanner Houck on the injured list with deformation of the pronator flexor

Red Sox Place Tanner Houck on the injured list with deformation of the pronator flexor

  • Home
  • Contact us
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms of Use
  • California Consumer Privacy Act (CCPA)

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Business
  • politics
  • sports
  • USA
  • World News
    • Tech
    • Entertainment
    • Health
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.