It may be weird but it's legal according to US laws. If Trump Organization can help the mess in the region it is fine with me.
International • May 14, 5:56 PM • Modified on May 14, 5:56 PM [b]Concerns about Trump family's expanding interests in the Middle East [/b]Author : Fleur Nuijten The Trump family's business ties to the Middle East have more than tripled since the president's first term, according to a CNN tally. This growing financial entanglement has raised concerns among government ethicists, who say it is difficult to judge whether the American president is acting in the interests of the United States or for personal financial gain.
While Trump is on tour this week in Saudi Arabia, Qatar and the United Arab Emirates, his family’s business empire in the region is also growing steadily. In the Gulf States, ambitious plans are on the table for the construction of luxury skyscrapers, exclusive golf courses and cryptocurrency deals.
Saudi Arabia Typically, American presidents choose one of their closest allies as the first destination for an official trip. Trump does not. After taking office in 2017, he first traveled to Saudi Arabia, and now, during his second term, it is again the destination of his first official presidential trip. According to Ben Freeman, director of the Quincy Institute for Responsible Governance, this points to an “eye-for-an-eye relationship” in which the Saudi regime in particular is investing in Trump’s business interests. “There is a real risk that personal interests will outweigh the national interest,” Freeman said.
Own initiatives Despite concerns about conflicts of interest, Trump continues his business activities unabated. While in the political spotlight, he even promotes his own commercial initiatives. For example, shortly before the kickoff of his re-election campaign, he launched his own $TRUMP memecoin, which rose in value after the 'Crypto President' promised an exclusive dinner for the top 220 owners.
Read also Trump meme crypto owners spend huge sum on 'exclusive dinner' with president Recent Deals Although the Trump Organization promised in January that the US president would not make any new deals with foreign governments during his second term, a deal was recently announced for a Trump golf course in Qatar. This is backed by the sovereign wealth fund Qatari Diar. Trump also signed a major economic cooperation agreement with Saudi Crown Prince Mohammed bin Salman worth $600 billion.
Read also Trump Signs $600 Billion Mega Deal With Saudi Arabia The president also wrote in a Truth Social post Sunday that his administration would accept a replacement aircraft for Air Force One as a "gift" from the Qatari royal family. The plane is technically being donated to the Pentagon by Qatar's Defense Ministry. But when Trump's second term ends, the plane will go to the Presidential Library , a legacy collection of the president's legacy.
These actions by Trump and his company, critics say, indicate a willingness to profit personally from the presidency. White House spokeswoman Karoline Leavitt denied the suggestion that the president had personal business meetings. "It is ridiculous to suggest that President Trump is doing something for his own benefit," Leavitt said, "this White House is held to the highest ethical standards."
"It's ridiculous to suggest that President Trump is doing anything for his own gain" Karoline Leavitt, White House Press Secretary Luxury projects in the Gulf States While Trump is on tour this week in Saudi Arabia, Qatar and the United Arab Emirates, his family's business empire in the region continues to grow steadily. While Trump is on tour this week in Saudi Arabia, Qatar and the United Arab Emirates, his family's business empire in the region is also growing steadily. ( ANP / Associated Press ) Between Trump’s terms, Oman’s government tourism arm worked with the Trump Organization on plans for a luxury resort, including villas and a golf club. Dar Global, the real estate company developing the project, has since promoted new Trump projects in Riyadh and a golf club in Qatar. Ziad El Chaar, CEO of Dar Global, urged people to keep believing in the Trump brand in a recent speech.
Trump’s Middle Eastern projects, many of which have been announced but not yet realized, largely involve licensing agreements with foreign developers. These developers have partnered with the Trump Organization and paid for the right to use the “Trump” name in their projects.
Trump's approach While previous presidents have placed their businesses in so-called blind trusts to avoid the appearance of self-enrichment, Trump has chosen a different approach. His assets are in a fund managed by his children. According to Eric Trump, son of and vice president of the Trump Organization, the company will remain separate from the presidential office to avoid ethical conflicts. However, critics continue to warn of conflicts of interest as the Trump family's business empire in the Middle East expands rapidly.
