Latest news with #AmericanBillionaires
Washington Post
16-05-2025
- Politics
- Washington Post
Trump's Mideast trip splashes out on deals and diplomacy but is unusually quiet on human rights
WASHINGTON — Saudi royalty and American billionaires were in the front row for a speech in Riyadh where President Donald Trump condemned what he called past U.S. interference in the wealthy Gulf states. Gone were the days when American officials would fly to the Middle East to give 'you lectures on how to live, and how to govern your own affairs,' Trump said at a Saudi investment forum this week.
South China Morning Post
14-05-2025
- Business
- South China Morning Post
In Saudi Arabia, US and China vie for influence and the kingdom wins: analysts
Despite US President Donald Trump 's 'landmark' investment deals with Saudi Arabia valued at US$600 billion announced this week, China's deeply entrenched position in the region is not in jeopardy as the two economic giants vie for influence there, analysts said. China's manufacturing and infrastructure-building prowess remain formidable amid Beijing and Washington's intensifying competition in the Gulf's hi-tech sectors. To be sure, Monday's announced deals – signed by Trump with great fanfare in Riyadh as a phalanx of American billionaires looked on – certainly grabbed headlines. 'This is a 'milestone' in terms of both the numbers and the scope of the relationship between the United States and Saudi Arabia,' said Fan Hongda, a Middle East scholar at Shanghai International Studies University. 'During the second Trump administration, US relations with the Gulf states will gain strength and US influence over the Middle East as a whole will also increase,' he added. Play The sweeping investment agreements encompassing arms sales, artificial intelligence energy cooperation and infrastructure were significantly larger than those signed during President Xi Jinping 's 2022 visit, whose deals totalled nearly US$30 billion, according to state broadcaster Al Ekhbari.
