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Deutsche Bank was Trump’s primary lender for two decades, and he owes the institution more than $300 million, according to the newspaper, which cited an unnamed source as saying the German lender “has decided not to do business with Mr. Trump or his company in the future.”
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…
152 Views | the publication reaches you by | Saudi Arabia TodayThe move comes on the heels of last week’s violent attack on the US Capitol by Trump supporters at the president’s incitement, and follows steps taken by other companies to cut ties with Trump and his businesses.
Christiana Riley, head of Deutsche Bank’s US division, called the violent siege on the Capital “a dark day for America and our democracy” in a post on LinkedIn last week.
“We are proud of our Constitution and stand by those who seek to uphold it to ensure that the will of the people is upheld and a peaceful transition of power takes place,” Riley said.
“It is my hope that these shocking events will result in a reinvigoration of the principles our nation was built upon.”
Trump’s relationship with Deutsche Bank has sparked numerous probes in the United States, including in New York, where the Manhattan District Attorney is investigating whether Trump committed financial crimes as he sought loans.
The project for the design, engineering and procurement of the new 400,000m3/day Jubail II seawater reverse osmosis (SWRO)…
277 Views | the publication reaches you by | Saudi Arabia Today
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The Arab states of the Persian Gulf are the seven Arab states which border the Persian Gulf, namely Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).This excludes the non-Arab state of Iran. All of these nations except Iraq are part of the Gulf Cooperation Council (GCC).
