Riyadh (AP): President Donald Trump opened his four-day Mideast trip on Tuesday by paying a visit to Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman, for talks on US efforts to dismantle Iran's nuclear programme, end the war in Gaza, hold down oil prices and more.
Bin Salman warmly greeted Trump as he stepped off Air Force One and kicked off his Middle East tour. The two leaders then retreated to a grand hall at the Riyadh airport for a coffee ceremony.
The crown prince will fete Trump with a formal dinner and Trump is slated to take part later Tuesday in a US-Saudi investment conference.
The US president on Wednesday will join a gathering of members of the Gulf Cooperation Council, which is made up of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, before leaving Riyadh.
Saudi Arabia and fellow OPEC+ nations have already helped their cause with Trump early in his second term by stepping up oil production.
Trump sees cheap energy as a key component to lowering costs and stemming inflation for Americans. The president has also made the case that lower oil prices will hasten an end to Russia's war on Ukraine.
But Saudi Arabia's economy remains heavily dependent on oil, and the kingdom needs a fiscal break-even oil price of $96 to $98 a barrel to balance its budget. It's questionable how long OPEC+, of which Saudi Arabia is the leading member, is willing to keep production elevated. The price of a barrel of Brent crude closed Monday at $64.77.
“One of the challenges for the Gulf states of lower oil prices is it doesn't necessarily imperil economic diversification programmes, but it certainly makes them harder,” said Jon Alterman, a senior Middle East analyst at the Center for Strategic and International Studies in Washington.
Trump picked the kingdom for his first stop because it has pledged to make big investments in the US, but Trump ended up travelling to Italy last month for Pope Francis' funeral. Riyadh was the first overseas stop of his first term.
The three countries on the president's itinerary — Saudi Arabia, Qatar and the United Arab Emirates — are all places where the Trump Organisation, run by Trump's two elder sons, is developing major real estate projects. They include a high-rise tower in Jeddah, a luxury hotel in Dubai and a golf course and villa complex in Qatar.
Trump is trying to demonstrate that his transactional strategy for international politics is paying dividends as he faces criticism from Democrats who say his global tariff war and approach to Russia's war on Ukraine are isolating the United States from allies.
He's expected to announce deals with the three wealthy countries that will touch on artificial intelligence, expanding energy cooperation and perhaps new arms sales to Saudi Arabia. The administration earlier this month announced initial approval to sell $3.5 billion worth of air-to-air missiles for Saudi Arabia's fighter jets.
But Trump arrives in the Mideast at a moment when his top regional allies, Israel and Saudi Arabia, are far from neatly aligned with his approach.
Ahead of the trip, Trump announced that the US was halting a nearly two-month US airstrike campaign against Yemen's Houthis, saying the Iran-backed rebels have pledged to stop attacking ships along a vital global trade rout
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Dubai, Jun 17 (PTI): UAE-based Indian doctor and philanthropist Dr Shamsheer Vayalil has announced Rs 6 crore in financial aid for the families of medical students and doctors affected by the Air India plane crash in Ahmedabad last week.
The ill-fated aircraft struck the BJ Medical College's Atulyam hostel complex during lunch hour, reducing student residences and the dining hall to rubble.
All but one of the 242 passengers and crew on board the Boeing 787-8(AI 171) and another 29 persons, including five MBBS students, on the ground were killed when the London-bound aircraft crashed, moments after it took off from the Sardar Vallabhbhai Patel International Airport.
Announcing the relief from the UAE capital of Abu Dhabi, Dr Shamsheer, founder and chairman of Burjeel Holdings and managing director of VPS Health, said he was deeply shaken when he saw the aftermath of the crash.
As someone who had lived in similar hostels during his medical education at Kasturba Medical College in Mangalore and Sri Ramachandra Medical College in Chennai, the images struck a chord, he said.
“I saw the footage from the mess and the hostel, and it truly shook me. It reminded me of the places I once called home, the corridors, the beds, the laughter, the pressure of exams, and the anticipation of a call from family,” he said.
“No one expects a commercial aircraft to come crashing into that world,” he added.
“Those students started the day thinking about lectures, assignments, and patients. Their lives ended in a way none of us could ever imagine. It hit close. Too close,” he said.
Dr Shamsheer’s relief package includes Rs 1 crore for each of the four deceased students’ families, Rs 20 lakh each for five seriously injured students, and Rs 20 lakh each for the families of doctors who lost loved ones.
The financial assistance will be delivered in coordination with the Junior Doctors’ Association at BJ Medical College, ensuring that those in need receive support swiftly.
This is not the first time Dr Shamsheer has responded to such a crisis. In 2010, following the Mangalore air crash, he provided financial assistance and employment opportunities to affected families at Burjeel Holdings, a leading healthcare provider in the Middle East.