Thursday, May 15 2025 | Time 20:50 Hrs(IST)
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Ambani meets Trump, Qatari Emir in Doha

Ambani meets Trump, Qatari Emir in Doha

Doha, May 15 (UNI) Mukesh Ambani, Chairman of Reliance Industries, met with US President Donald Trump and Qatari Emir Sheikh Tamim bin Hamad Al Thani in Doha on Thursday IST.

This engagement was part of President Trump's Middle East tour, which included the announcement of a $1.2 trillion economic exchange between the US and Qatar, encompassing sectors like aviation, energy, defence, and quantum technology.

Ambani's attendance underscores Reliance Industries' expanding global footprint and its strategic relationships with entities such as the Qatar Investment Authority (QIA), which has invested in Reliance ventures, and US tech giants like Google and Meta.

While no formal business discussions were scheduled during the dinner, Ambani was seen engaging in conversations with President Trump and US Secretary of Commerce Steve Lutnick.

This meeting marks the second interaction between Ambani and President Trump since Trump's inauguration in January 2025, highlighting the ongoing diplomatic and business engagements between Reliance Industries and global leaders.

During his visit to Doha, President Trump secured a historic $1.2 trillion economic commitment in Qatar, highlighting over $243.5 billion in new deals between US and Qatari firms, according to a statement issued by The White House.

Major agreements include a $96 billion aircraft order from Qatar Airways for Boeing and GE Aerospace, significant energy infrastructure projects with McDermott, and a $97 billion portfolio won by Parsons. A joint venture with Quantinuum and Al Rabban Capital will see $1 billion invested in quantum technologies.

Defence deals include $1 billion for Raytheon’s drone defence systems and $2 billion for General Atomics' MQ-9B aircraft. The US and Qatar also signed a $38 billion defence investment intent, enhancing bilateral security cooperation.

This visit reinforces the US-Qatar trade relationship, which saw $5.64 billion in trade in 2024 and continues to grow through Qatari investments in US industries. The agreements are part of Trump’s broader effort to boost American manufacturing and global economic leadership.

UNI BDN ARN

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