November 22, 2024 15:18 JST (excerpt)
SWF with Mr. Musk in business relations, expects increased deals in the new U.S. administration.
Biden administration focuses on technologies and AI that have been subject to access restrictions.
A few weeks before the U.S. presidential election, Chairman Sheikh Tahnoun bin Zayed Al Nahyan of the Abu Dhabi Investment Authority, one of the most influential members of the ruling family of the United Arab Emirates (UAE), met with the billionaire Mr. Elon Musk. Sheikh Tahnoun is one of the most influential members of the ruling family in the UAE.
A few days after the election results were revealed, a photo was released showing Yasser Al-Rumayyan, the head of Saudi Arabia's government fund (PIF), alongside the next U.S. President Trump and Mr. Musk.
The addition of Mr. Musk to President Trump's circle is seen as a major opportunity by top figures in the Middle Eastern financial sector, including Sheikh Tahnoun and Mr. Rumayyan, according to multiple knowledgeable sources.