Berliner Boersenzeitung - Trump basks in Saudi welcome on business-focused state visit

EUR -
AED 4.099459
AFN 72.55656
ALL 90.854432
AMD 403.236651
ANG 1.997863
AOA 1024.725669
ARS 1725.716503
AUD 1.620032
AWG 2.009266
AZN 1.908969
BAM 1.95792
BBD 2.251649
BDT 139.310855
BGN 1.951032
BHD 0.422353
BIF 3344.903956
BMD 1.116259
BND 1.432558
BOB 13.416528
BRL 6.156839
BSD 1.11797
BTN 104.985685
BWP 15.400226
BYN 3.347906
BYR 21878.671669
BZD 2.248447
CAD 1.574248
CDF 2589.720669
CHF 0.914947
CLF 0.0277
CLP 1090.183107
CNY 7.452703
CNH 7.448895
COP 3616.432801
CRC 507.00375
CUC 1.116259
CUP 26.831195
CVE 110.384532
CZK 24.322276
DJF 199.07927
DKK 7.475501
DOP 67.930698
DZD 152.243187
EGP 60.341267
ERN 16.743881
ETB 183.485227
FJD 2.528995
FKP 0.835844
GBP 0.834074
GEL 2.896647
GGP 0.835844
GHS 13.069152
GIP 0.835844
GMD 83.157879
GNF 9901.932318
GTQ 8.547256
GYD 234.483915
HKD 8.751658
HNL 30.047001
HRK 7.555967
HTG 146.496769
HUF 362.944278
IDR 20214.050795
ILS 3.540654
IMP 0.835844
INR 104.731751
IQD 1695.636147
IRR 2111239.352217
ISK 136.8083
JEP 0.835844
JMD 177.430274
JOD 0.791445
JPY 176.643491
KES 145.068585
KGS 97.614372
KHR 4554.728771
KMF 493.386409
KPW 1004.632839
KRW 1507.256269
KWD 0.347224
KYD 0.931779
KZT 501.111442
LAK 25151.180911
LBP 100111.977802
LKR 371.774398
LRD 190.145903
LSL 18.488377
LTL 3.296022
LVL 0.675214
LYD 7.154286
MAD 10.933439
MDL 19.982972
MGA 5080.04349
MKD 61.557339
MMK 2343.536588
MNT 4019.833098
MOP 9.028977
MRU 45.135041
MUR 52.498031
MVR 17.176539
MWK 1938.561406
MXN 20.74952
MYR 4.533466
MZN 71.324403
NAD 18.488791
NGN 1506.414005
NIO 41.14465
NOK 10.535418
NPR 167.895587
NZD 1.993449
OMR 0.429201
PAB 1.118611
PEN 3.853072
PGK 5.095167
PHP 70.632393
PKR 309.195541
PLN 4.391217
PYG 6988.186673
QAR 4.088627
RON 5.333257
RSD 117.643055
RUB 91.531628
RWF 1650.125559
SAR 4.197709
SBD 8.984301
SCR 15.692146
SDG 671.429609
SEK 11.013898
SGD 1.42957
SHP 0.835992
SLE 25.617714
SLL 23407.392948
SOS 638.897077
SRD 41.952909
STD 23104.302586
STN 24.515236
SVC 9.786598
SYP 14513.596028
SZL 18.482073
THB 37.355611
TJS 10.318073
TMT 3.906906
TND 3.346924
TOP 2.687683
TRY 56.014648
TTD 7.581576
TWD 36.663741
TZS 2954.045111
UAH 50.646343
UGX 4574.954062
USD 1.116259
UYU 44.998728
UZS 13346.452419
VES 1000.52103
VND 28480.784096
VUV 133.12733
WST 3.111933
XAF 655.957
XAG 0.021125
XAU 0.000270979015
XCD 3.016745
XCG 2.015783
XDR 0.789253
XOF 655.957
XPF 119.331742
YER 264.134779
ZAR 18.399961
ZMK 10047.670755
ZMW 22.71661
ZWL 359.434865
SSP 6413.165902
MXV 2.332613
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Trump basks in Saudi welcome on business-focused state visit
Trump basks in Saudi welcome on business-focused state visit / Photo: Brendan SMIALOWSKI - AFP

Trump basks in Saudi welcome on business-focused state visit

Donald Trump enjoyed a lavish, royal welcome in Saudi Arabia on Tuesday on the first state visit of his second term, with the US president foremost focused on business deals at the start of a Gulf tour.

Text size:

Saudi Arabia escorted Air Force One with fighter jets before bringing out long-stretching honour guards both at the airport and a palace decked out with imposing chandeliers.

With cameras rolling, a lengthy procession of Saudi royalty and business figures waited their turn to shake hands with Trump and Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman, who stood by his side.

Trump brought along top members of his cabinet as well as US business figures including his adviser Elon Musk, the world's richest person, who made a rare appearance in a suit as he chatted to the prince.

Trump will address an investment forum in Riyadh and later in the week head to Qatar and the United Arab Emirates, fellow oil-rich Arab monarchies with long ties to the United States.

In choosing the Gulf, the 78-year-old billionaire is again bypassing traditional first presidential stops in Western allies, some of which have been unnerved by his norms-shattering diplomacy.

Eight years ago Trump also chose Saudi Arabia for his first overseas trip -- when he memorably posed with a glowing orb and participated in a sword dance.

Trump's embrace of the Saudis contrasts with a more hesitant initial approach by former president Joe Biden, who had vowed to punish the crown prince after US intelligence found that he ordered the murder of Saudi dissident and US resident Jamal Khashoggi.

Since Khashoggi's gruesome 2018 killing, Saudi Arabia has worked aggressively to change its image, from easing restrictions on women to pursuing initiatives in new areas such as artificial intelligence.

Saudi Arabia has also increasingly exercised diplomatic clout, serving as a venue for the United States to pursue talks with Ukraine and Russia.

Qatar and the United Arab Emirates have also sought outsized international roles, with the Qataris serving as the go-between for US-brokered diplomacy between Israel and Hamas.

- Trump's 'happy place' -

But the focus during the tour of the Gulf will likely be locking down business rather than diplomatic agreements.

Jon Alterman, senior vice president at the Center for Strategic and International Studies, said that for Trump, the Gulf "is his happy place".

"His hosts will be generous and hospitable. They'll be keen to make deals. They'll flatter him and not criticise him. And they'll treat his family members as past and future business partners," he said.

Saudi Arabia has pushed hard to be first on Trump's diplomatic schedule, with de facto ruler Prince Mohammed vowing to pour $600 billion into US trade and investments.

"I'll be asking the crown prince, who's a fantastic guy, to round it out to around one trillion. I think they'll do that because we've been very good to them," Trump said in response to the offer.

According to a Saudi official close to the defence ministry, Riyadh will push for securing the latest US F-35 fighter jets along with state-of-the-art air defence systems worth billions of dollars.

"We will condition that the deliveries take place during Trump's term," the source told AFP.

- Navigating hotspots -

Both Trump and Biden have been eager for Saudi Arabia to take the landmark step of recognising Israel.

But Israel normalisation is not likely to feature high on the agenda on Trump's trip, with Riyadh insisting a Palestinian state must be established before a deal can be brokered.

Israel has cut off all food and other supplies to Gaza for more than two months as it pursues a new offensive against Hamas militants.

The United States, which has quietly been frustrated with its ally, negotiated directly with Hamas to secure the release Monday of a hostage with US citizenship, Edan Alexander.

Iran is also likely to feature prominently during the visit, following the Trump administration's fourth round of talks in Oman at the weekend.

Both sides have voiced hope but the United States on Monday imposed fresh sanctions targeting Iran's suspect nuclear programme.

Controversy is also swirling over Trump's plans to accept a luxury Boeing jet from the Qatari royal family for use as Air Force One.

Trump called the deal "a very public and transparent transaction" and said: "I would never be one to turn down that kind of an offer."

(A.Lehmann--BBZ)