Luxury skyscrapers, golf courses and cryptocurrency: The Trump family’s rapidly expanding Middle East business
CNN
The Trump family’s business ties to the Middle East have more than tripled since the president’s first term in office, a CNN a tally of the deals has found – including a slew of new projects announced since he reclaimed the White House.
The Trump family’s business ties to the Middle East have more than tripled since the president’s first term in office, a CNN tally of the deals has found, including a slew of new projects announced since he reclaimed the White House. Amid the ongoing plans for luxury skyscrapers, golf courses and cryptocurrency deals in the region, Donald Trump is traveling to Saudi Arabia, Qatar and the United Arab Emirates this week not only as US president, but also as the patriarch of a family whose business empire continues to expand in that part of the world. His financial ties to the Middle East have prompted concerns among government ethicists who say it’s difficult to determine whether he’s acting in the best interest of the United States or his pocketbook. “When the American people elect a president, they expect that person to work for them, not for profit,” said Robert Weissman, co-president of Public Citizen, a consumer rights advocacy group. Such financial links, Weissman and other watchdogs say, create an opportunity for foreign powers to seek to sway United States policy through those lucrative business deals. But Trump has moved full steam ahead, seemingly embracing the overlap of his personal interests and those of the nation. He’s shown he is comfortable boosting business ventures while in office – and doing so in public view. He set the tone by launching his own meme coin days before taking office, which spiked in value right after Trump offered a private dinner to its top investors last month. “I’ve always had an instinct for making money,” Trump said in February at a conference hosted by a group launched by Saudi Arabia’s sovereign wealth fund. During the event, Trump promoted the US as ripe for investment but also touted his personal business achievements.
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