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    Trump's Gulf Trip: Billions in Deals and Shifting Regional Dynamics

    US President Donald Trump's visit to the Gulf Cooperation Council (GCC) is generating significant attention, particularly given the substantial financial commitments made by Saudi Arabia and the UAE. The National's Manus Cranny, reporting from Riyadh, highlights Saudi Arabia's pledge of $600 billion and the UAE's commitment of $1.4 trillion. These investments are expected to impact various sectors, including security, defense, artificial intelligence, oil, and potentially even nuclear energy. Cranny's report also features the presence of major US industry leaders, such as Larry Fink of Blackrock and Jane Fraser of Citigroup, underscoring the economic implications of the visit. "The deal flow is set to rise," Cranny says, anticipating a surge in business activity during this period. This visit is seen as a pivotal moment for the region, with potential ramifications for the grand security bargain. The presence of these influential figures underscores the importance of this visit and its potential to shape future regional relations.

    3 months ago
    AE
    news release
    politics
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