Alwaght | News & Analysis Website

Editor's Choice

News

Most Viewed

Day Week Month

In Focus

World against US Recognizing Al-Quds as Israeli Capital

World against US Recognizing Al-Quds as Israeli Capital

undefined
Myanmar Committing Genocide, Ethnic Cleansing against Rohingya Muslims

Myanmar Committing Genocide, Ethnic Cleansing against Rohingya Muslims

undefined
Awamiyah: Saudi Regime Killing Own Civilians

Awamiyah: Saudi Regime Killing Own Civilians

undefined
Qatar Row Deepens Persian Gulf States Rifts

Qatar Row Deepens Persian Gulf States Rifts

undefined
Ansarullah

Ansarullah

A Zaidi Shiite movement operating in Yemen. It seeks to establish a democratic government in Yemen.
Shiite

Shiite

represents the second largest denomination of Islam. Shiites believe Ali (peace be upon him) to be prophet"s successor in the Caliphate.
Resistance

Resistance

Axis of Resistances refers to countries and movements with common political goal, i.e., resisting against Zionist regime, America and other western powers. Iran, Syria, Hezbollah in Lebanon, and Hamas in Palestine are considered as the Axis of Resistance.
Persian Gulf Cooperation Council

Persian Gulf Cooperation Council

A regional political u n i o n consisting of Arab states of the Persian Gulf, except for Iraq.
ISIS Terrorist Group

ISIS Terrorist Group

A terrorist group that fights against Resistance Axis in Syria and Iraq. It was founded & armed by America and its allies covertly.
Taliban

Taliban

Taliban is a Sunni fundamentalist movement in Afghanistan. It was founded by Mohammed Omar in 1994.
  Wahhabism & Extremism

Wahhabism & Extremism

Wahhabism is an extremist pseudo-Sunni movement, which labels non-Wahhabi Muslims as apostates thus paving the way for their bloodshed.
Kurds

Kurds

Kurds are an ethnic group in the Middle East, mostly inhabiting a region, which spans adjacent parts of Iran, Iraq, Syria, and Turkey. They are an Iranian people and speak the Kurdish languages, which form a subgroup of the Northwestern Iranian branch of Iranian languages.
NATO

NATO

The North Atlantic Treaty Organization is an intergovernmental military alliance based on the North Atlantic Treaty which was signed on 4 April 1949.
Islamic Awakening

Islamic Awakening

Refers to a revival of the Islam throughout the world, that began in 1979 by Iranian Revolution that established an Islamic republic.
Al-Qaeda

Al-Qaeda

A militant Sunni organization founded by Osama bin Laden at some point between 1988 and 1989
New node

New node

Map of  Latest Battlefield Developments in Syria and Iraq on
alwaght.com
Analysis

Personal Business Ties: Trump Interests Help Clear Bin Salman of Khashoggi Killing

Tuesday 27 November 2018
Personal Business Ties: Trump Interests Help Clear Bin Salman of Khashoggi Killing

Related Content

Teetering on Edge, Bin Salman Waits Trump Statement

Saudi Crown Prince Ordered Khashoggi assassination: CIA Concludes

Alwaght- Days after the CIA concluded that Saudi Crown Prince Mohammed bin Salman ordered the killing of the outspoken journalist Jamal Khashoggi at the Saudi consulate in Istanbul, the world was expecting President Donald Trump to take punitive measures against the Saudi prince. To everyone’s frustration, the president supported the criminal prince and said that relations with the oil-rich kingdom will continue intact and the multi-billion arms deals will go as planned.

In reaction, many media outlets and experts pointed to the huge weapons contracts, or sweeteners to be exact, and the Saudi role in the implementation of the US regional strategy including supporting the  Israeli regime and confrontation of the Iran-led Axis of Resistance as the causes behind this stance.

Moreover, recently reports have emerged about influence of Trump’s secret business with Saudi Arabia and the UAE on the way the American leader treated the Khashoggi murder case. On Sunday, the Al-Khalij Online website, citing unnamed Saudi prince, reported that as the Khashoggi case unfolded, Bin Salman and Prince Mohammed bin Zayed Al Nahyan threatened Trump that if he decides to allow a “coup” inside the royal family against Mohammed, they will reveal financial information and documents that will bring conviction to him and endanger his presidency.

Earlier this years, Bloomberg estimated Trump’s wealth to be $2.9 billion. The figure is reached by the assessment of his properties and assets. The interesting point is that an important part of his assets is associated with “parts of his real estate conglomerate” in West Asia.

Trump business ties to Saudis

According to a report by the New York Times, Trump’s business relations with Saudi state, as well as the Saudi business executives, date back to the 1990s. In this decade, Trump repeatedly has teetered on the brink of bankruptcy but each time was saved by highly lucrative business ties with Saudis, the NYT reports. In 1991, the US daily goes on, when Trump was in $900 million debt for an entertainment enterprise, he sold to the super-rich Saudi Prince Waleed bin Talal his Yacht for $20 million. A couple of years later, the prince saved Trump from another financial trouble. He helped him pay off his debts to creditors by buying Trump New York’s Plaza Hotel for over $300 million.

Timothy L. O'Brien, the writer of “Trump Nation: The Art of Being the Donald” has said that these deals were one-sided — in the prince’s favor. He said Trump was in dire financial straits, so the prince got a good price. But, back then, there was no indication that Saudis wanted to curry favor with Trump by giving him a better deal.

“Talal saw him as a profit center, not as somebody who he was cultivating as a future president,” Washington post quoted O'Brien as saying. The Post further said Saudi Arabia paid Trump $4.5 million for an apartment near the UN.

The Post continued that business from Saudi-connected customers continued to be important after Trump won the presidency. Saudi lobbyists spent $270,000 last year to reserve rooms at Trump’s hotel in Washington. Just this year, Trump’s hotels in New York and Chicago reported significant upticks in bookings from Saudi visitors. The rooms were reserved for people who lobbied against Justice Against Sponsors of Terrorism Act, a law passed by Congress to allow 9/11 victims’ families to sue Saudi Arabia for 2001 terrorist attacks.

In March, the general manager of the Trump International Hotel in Manhattan Prince A. Sanders had good news to the investors: After two years of decline, revenue from room rentals went up 13 percent in the first three months of 2018 thanks to bin Salman visit to New York. Bin Salman and other royals did not stay at the hotel because it had not enough suites to accommodate them. But Sanders said the hotel managed to accommodate many of the accompanying travelers. Before the visit, hotel Trump was struggling with a bad financial situation.

While in presidential campaigns, media said, Trump was planning to build a luxury hotel in Saudi Arabia’s Jeddah, a resort city on Red Sea coasts.

“Saudi Arabia, I get along with all of them. They buy apartments from me. They spend $40 million, $50 million,” Trump told a crowd at an Alabama rally on August 21, 2015, adding: “Am I supposed to dislike them? I like them very much.”

Trump and UAE relations

In 2016, Trump planned an entertainment project worth of over $6 billion in Dubai. The project includes some 100 luxury villas and a large golf course for wealthy people.

UAE’s Landmark Group, the largest retailer across the region, signed in February 2015 a contract to sell Trump Home Decor collection, which includes wall lighting, bathroom accessories, mirrors and home accents such as faux antique bird cages and coat racks, in its Lifestyle stores.

The US media show increasing interest to track Trump family’s business relations in Persian Gulf Arab states. Ivanka Trump once was cited by the US media as saying that Dubai is “important” for her family business. She continued that Trump firm pays special attention to business opportunities in Saudi Arabia, UAE, and Qatar. The American media, furthermore, reported that George Nader, a Lebanese businessman, before the elections met Kushner and informed him of the Saudi and Emirati royals’ interest to help his father-in-law in the presidential race.

Congress and Supreme Court seek to disclose facts

Are Saudis seeking to fill Trump pockets with cash? If yes, what do they expect in exchange? These are the questions being raised after recent Trump position on Khashoggi case by the American public, media, lawmakers, and even the judicial officials. Richard Blumenthal, Democrat of Connecticut, who leads the Congress motion for full disclosure of Trump family business ties to Saudi Arabia, said he hoped he could press for further details of the two sides’ business exchanges.

Maryland Attorney General Brian Frosh, on the other side, last week launched a case accusing Trump of violating the law by pursuing personal interests while occupying White House. Frosh said he wanted to make sure Trump preferred national interests over his personal interests. In February 2017, Kuwait embassy celebrated the national day in Trump’s D.C hotel. In September 2017, Malaysian PM Najib Razak, who is under corruption scrutiny, in his official visit to Washington with a large number of accompanying visitors stayed in Trump hotel.

Over the past year, however, Trump Organization chose to be more cautious in arranging ties with Persian Gulf Arab states. Last week, the group stated that it presently has no plans for new joint projects with Saudi Arabia in building new hotels.

Tags :

Trump Bin Salman Khashoggi Killing Business Interests

Comments
Name :
Email :
* Text :
Send

Gallery

Photo

Film

Burning  US Flag in Front of  Trump Tower

Burning US Flag in Front of Trump Tower