Asian Richest Mukesh Ambani Meets Trump, Qatar Emir in Doha
Asian Richest Mukesh Ambani Meets Trump, Qatar Emir in Doha

Asian Richest Mukesh Ambani Meets Trump, Qatar Emir in Doha

News summary

Mukesh Ambani, Asia's richest man and head of Reliance Industries, is set to meet U.S. President Donald Trump at a state dinner hosted by the Emir of Qatar in Doha, marking their second meeting since Trump resumed the presidency. While no formal business discussions are planned, Ambani's conglomerate maintains significant ties to U.S. policy, including past waivers to import Venezuelan crude oil and relationships with tech giants like Google and Meta, which have invested in Reliance's digital ventures. Qatar's sovereign wealth fund, the Qatar Investment Authority (QIA), has also invested heavily in Ambani's retail business, underscoring the intertwined economic interests. Ambani and his wife have longstanding ties with the Trump family, having attended Trump's inauguration and other events, and Ambani was present during Ivanka Trump's visit to India in 2017 and Trump's visit to India in 2020. The meeting in Doha occurs amid broader regional investment-focused engagements, with Trump scheduled to visit the United Arab Emirates following his Qatar trip. Details of Ambani's agenda remain private, with Reliance Industries not commenting on the meetings.

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