Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
US President Donald Trump (R) and Saudi Deputy Deputy Crown take part in a bilateral meeting at Riyadh Hotel on May 20, 2017.
Mandel and | AFP | Gets the image
Dubai, United Arab Emirates – US President Donald Trump will affect the Gulf region – either As he may soon call it, the Arabian Gulf – On May 13, for an official trip with stops in Saudi Arabia, Qatar and the United Arab Emirates.
The rates are high because the visit is against the background of violent geopolitical tensions. Talks on ceasefire Israel-Gaza, oil, trade transactions, investment transactions and potential for new developments in the field of expanded exports of semiconductors and nuclear programs will be on the agenda.
“We expect we will see a lot of ads. And I think in a wide range of districts,” said Monik Malik, the chief economist of the Abu -Dabi, the chief economist of the commercial bank on Friday. She noted that the potential removal of Trump’s 10% tariffs on aluminum and became, which will become positive for the Persian Gulf, as some of them export these metals to the US, although they are only a small percentage of GDP.
Trump has long enjoyed warm relations with the Arab Gulf States, in particular the UAE and Saudi Arabia, where his children have several business starts and planned real estate projects. These relationships can strengthen the hands of countries when it comes to negotiations on new trading transactions – at the same time, causing concern about criticism over potential conflicts, the Trump’s family is dismissed.
During the initial term of the President as his first overseas trip, she was to Saudi Arabia, which is now negotiating, which he hopes to end the war of Russia-Ukraine, which makes the kingdom more important for Washington. Meanwhile, Qatar played a central role in the negotiations between Israel and Hamas for the ceasefire and the hostage version.
Wall -Rate and II in the Gulf of Persian
The presidential visit attracts to the Saudi Kingdom to Wall -Strit and Silicon Valley. This week, the Saudi Investment Forum is announced only on May 13 in Riyadh, including BlackRock CEO Larry Fink, Palantir CEO Alex Karp and heads of major firms like CitigroupIBM, Qualcomm. Alphabetand Franklin Templeton, among others. The White House AI and Crypto Czar David Sacks will also be present.
“We also expect to see a lot of investment transactions,” Malik said. “And in both ways we have already seen how the UAE announces a number of investments in the US in areas such as AI, Energy, Aluminium, but we also think that US companies will increase investments.”
Both Saudi Arabia and AA They put large funds in the AI infrastructure for the purpose of becoming global technology centers. Thus, probably the main thing for these leaders is the future of American semiconductor exports, the most advanced, from which they have not received access because National Security Problems. But it may change quickly.
Trump administration on Wednesday announced its cancellation plan The Biden’s Biden Age “AI Diffusion”, which imposed strict export control on advanced AI chips, even for US countries. The rule will be replaced by “a much easier rules to unleash US innovations and provides American AI dominance,” said the US Trade Department on Wednesday, although the new rule has not yet been shared.
UAE AI AI Firm G42 has made efforts to agree with the US rules, including getting rid of Chinese companies and partnerships with Microsoftwhich is last year invest $ 1.5 billion in G42.
Nuclear ambitions
The Trump administration actively participated in the negotiations with Iran on its nuclear program – talking that the UAE and Saudi Arabia expressed support. This enthusiasm means a sharp contrast with the attitude towards these countries to any American Tehran transactions during Obama years.
At the same time, Saudi Arabia wants its own civil nuclear program and asked the United States to approve and assist in this direction. Any support in the US in the Saudi nuclear program has previously been depending on Saudi Arabia, which normalizes diplomatic relations with the Union Israel – but it may change during this visit, According to media reports Referring to sources with knowledge of this question.
US Energy Minister Chris Wright said in April that Saudi Arabia and the United States were on “Way” To the Civil Agreement – but that any further ads will come from Trump himself.
Negotiations on Israel-Gaza
Another main topic will be the future of the gas. Trump has promised to lead to war, as well as controversially suggesting that the United States could take control of a lane aimed at war, which he called “important real estate”, comments that he attracted strong rebukes from Arab leaders.
The United States continues to press the ceasefire, most recently floating 21-day ceasefire and release some hostages, while Israel this week approved the fighting and territorial gas control.
“We still have to hear a comprehensive plan from the Arab world,” said the branch, the founder of the Global Capital Branch Global Capital Advisors on Friday, discussing Trump’s next visit.
“If we see the answer that will be under the guidance of the Arab, it is probably now or never,” the bracele said. “I think that this will be solved very delicately behind the scenes … Probably a longer-term geopolitical risk than any direct macro-ries.”
Oil and funding
The branch suggested that US sanctions on Syria with its new government can also be discussed. Meanwhile, the Trump administration will announce the renaming of the US Gulf into the Arabian Gulf, will be delighted to welcome the Arab states, but may attract serious anger from Iran at the time of delicate nuclear talks with Tehran.
Oil prices will also be the center of attention; Trump has long pushed OPEC, led by Saudi Arabia to pump more oil to reduce prices for US consumers. During a combination of reasons Saudi Arabia does exactly this – but may have to change the course in the coming months if prices remain subordinate, Damage to the Kingdom’s income.
In this direction, funding will be an important paragraph for the Kingdom during Trump’s visit, Malik ADCB reports.
Saudi Arabia in November pledged to invest $ 600 billion in Trump – but it also has High costs on your own vision of 2030 Investment ambitions. Lowered world oil prices and high ticket state expenses Enlargement of the budget deficit for Riyadh.
“With the oil prices where they are, the Saudi language will look at more support from America, and they will progress with their investment program,” Malik said.
Correction: This article has been updated to reflect the G42 status as a private technology company.
