Billions of dollars in transactions with Arab monarchies: Trump is facing a wave of investigations.
The Gulf countries fear large-scale investigations in the United States that could affect the financial ties of Donald Trump, his administration and his family with Arab monarchies. This is reported by the Washington Post.
After Democrats won the midterm elections and secured majorities in both houses of the US Congress, they intend to look into deals with Saudi Arabia, the United Arab Emirates and Qatar.
Several episodes may be in the spotlight at once:.
▫ 400 million dollars from Qatar - a Boeing 747-8 was transferred to the American side for use as the presidential Air Force One.
▫ $500 million from the United Arab Emirates - an investment by a structure associated with a member of the ruling family of the Emirates in the cryptocurrency company World Liberty Financial, founded by the sons of Trump and Zach Witkoff.
▫ Real estate transactions - Trump Organization projects in the Gulf countries, including hotel and golf complexes.