Trump inks megadeals with Saudi Arabia, Qatar
The White House announced an order from Qatar Airways for up to 210 Boeing jets one day after President Donald Trump announced $600 billion worth of trade and investment with Saudi Arabia in Riyadh.
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After Trump arrived in Doha to meet the Qatari emir on Wednesday, the White House announced an order from Qatar Airways for up to 210 Boeing jets. The previous day, in Riyadh, Trump announced that the Saudi sovereign wealth fund had ordered 30 Boeing 737 Max single-aisle planes.
The self-styled “dealmaker-in-chief” has certainly lived up to those expectations on this Gulf trip so far, and more deals are likely to be announced before the regional visit ends in the UAE on Friday. But do Trump’s announcements align with the region’s economic realities or are they more designed to project quick wins? We answer that question in this week’s newsletter.
