Tag Archives: Dubai

Telegraph: ‘It’s open season for corruption’: How Trump turned the White House into a cash cow

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Naked profiteering by the US president and his family has triggered alarm bells in the Maga movement

Most.

Corrupt.

President

Ever!

Donald Trump caught his first sight of the so-called “palace in the sky” in February as he climbed the red-carpeted steps of the Boeing 747-8.

The Qatari plane was parked at Florida’s West Palm Beach International Airport, and offered a chance for the president to see what a newly refitted Air Force One could look like, easing his frustration with the long-delayed Boeing project.

In the event, it appears to have been more of a test drive. His administration’s plan to accept the $400m (£300m) luxury jet from the Qatari royal family, which he is expected to use after his presidency, is the latest example of what many view as an increased disregard for ethics in Washington under his second term.

During his first term in the White House, foreign governments buying meals and block-booking rooms at Trump hotels set alarm bells ringing.

Yet now the president has created even more opportunities for those looking to curry favour with him – and his children. From pay-to-dine cryptocurrency schemes, a new social media platform that carries advertising and the expansion of their property empire, it has never seemed easier for the Trump family to line their pockets.

https://www.telegraph.co.uk/business/2025/05/18/trump-turned-white-house-cash-machine

USA Today: While in tariff negotiations, Trump group gets approval for massive golf resort in Vietnam

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As tariffs continue to be negotiated between the United States and various countries, the Trump organization has gotten approval to put $1.5 billion in investments into golf courses, hotels and real estate projects in the Southeast Asian country of Vietnam.

According to our partner Reuters, the Vietnamese government approved a plan for a project, planned on nearly 2,500 acres of land, which will feature a complex of golf courses, resorts, hotels, and a modern residential project.

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As tariffs continue to be negotiated between the United States and various countries, the Trump organization has gotten approval to put $1.5 billion in investments into golf courses, hotels and real estate projects in the Southeast Asian country of Vietnam.

According to our partner Reuters, the Vietnamese government approved a plan for a project, planned on nearly 2,500 acres of land, which will feature a complex of golf courses, resorts, hotels, and a modern residential project.

While in tariff negotiations, Trump group gets approval for massive golf resort in Vietnam
The Vietnamese government approved a plan for a project, planned on nearly 2,500 acres of land, which will feature a complex of golf courses, resorts, hotels, and a modern residential project.

https://finance.yahoo.com/news/while-tariff-negotiations-trump-group-162136676.html

Alternet: Donald Trump just can’t resist the bribes | Opinion

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But one thing almost all Americans are firmly against — even many loyal Trumpers — [i]s bribery. And Trump is taking bigger and bigger bribes.

Yesterday it was reported that he’s accepting a luxury Boeing 747-8 plane worth at least $400 million from the Qatari royal family, for use during his presidency and for his personal use afterward.

Trump just can’t resist. He’s been salivating over the plane for months. It’s bigger and newer than Air Force One — and so opulently configured that it’s known as “a flying palace.” (No report on whether it contains a golden toilet.)

Apparently he’s been talking about the plane for months. In February, he toured it while it was parked at Palm Beach International Airport.

He’s tried to redecorate the White House into a palace but that’s not nearly as satisfying as flying around the world in one, especially once he’s left the White House (assuming he will).

https://www.alternet.org/donald-trump-just-can-t-resist-the-bribes

Manila Times: Trump family Gulf empire grows

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Ahead of US President Donald Trump’s Gulf visit next week, his son Eric was promoting his crypto firm in Dubai, while Don Jr. prepared to talk about “Monetizing MAGA” in Doha.

Last month, the Trump Organization struck its first luxury real estate deal in Qatar and released details of a billion-dollar skyscraper in Dubai whose apartments can be bought in cryptocurrency.

In a monarchical region awash with petrodollars, the list of Trump-related ventures is long and growing. However, the pres-idential entourage is not the only party cashing in, analysts say.

“Gulf governments likely see the presence of the Trump brand in their countries as a way to generate goodwill with the new administration,” said Robert Mogielnicki of the Arab Gulf States Institute in Washington.

If the president chose, he could hopscotch the region from one Trump venture to another when he visits Saudi Arabia, Qa-tar and the United Arab Emirates next week on the first foreign tour of his second term.

Asked whether Trump would make visits or meetings linked to his own business interests or that of his family, White House Press Secretary Karoline Leavitt said it was “ridiculous” to “even suggest that President Trump is doing anything for his own benefit” and that he had “lost money for being president.”

LOL! The only person in Washington, D.C., who tells more lies than King Donald is Bimbo #1 Karoline Leavitt.

https://www.manilatimes.net/2025/05/12/business/foreign-business/trump-family-gulf-empire-grows/2110755

Musk Watch: Musk-owned company says it qualifies for federal contracts reserved for small businesses

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Trump’s crony & billionaire F’Elon Musk isn’t above looting the treasury by pretending to be a “small” business:

Musk founded Boring in 2017 as a subsidiary of SpaceX. Its raison d’être was rectifying Southern California gridlock via a subterranean transportation network, though it has failed in that regard. In 2018, Musk spun off Boring, making it a privately held company that has largely served to promote his car manufacturer, Tesla. Through the gravity of its founder, carefully staged photo ops, and alleged environmental and labor violations, Boring has maintained media interest throughout its eight years of existence. But it remains the least distinguished of Musk’s companies. It has struggled to generate revenue despite receiving hundreds of millions of dollars in fundraising.

The company, which is based near Austin, Texas, has built just a few miles of commercial tunnels, all of which are located in Las Vegas, Nevada. Its failure to generate substantive business could explain why it would seek federal funding from a White House that has proven to be partial to Musk’s business interests. A senior Trump adviser, Musk also leads the Department of Government Efficiency (DOGE), the White House’s austerity and parapolitical initiative. Steve Davis, the president of the Boring Company, is reportedly in charge of DOGE’s day-to-day operations.

Musk-owned company says it qualifies for federal contracts reserved for small businesses
Not long after Donald Trump won the 2024 election, Elon Musk’s $7 billion tunneling company registered as a small business on a government portal for federal contractors.

https://www.muskwatch.com/p/musk-owned-company-says-it-qualifies