financetom
Business
financetom
/
Business
/
Offer to gift Trump an aircraft is 'normal thing' between allies, Qatar's PM says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Offer to gift Trump an aircraft is 'normal thing' between allies, Qatar's PM says
May 26, 2025 10:40 AM

DUBAI, May 20 (Reuters) - Qatar's offer to gift U.S.

President Trump a Boeing 747-8 airplane is a "normal

thing that happens between allies", Prime Minister Sheikh

Mohammed bin Abdulrahman Al Thani said on Tuesday at an economic

forum held in Doha.

Al Thani dismissed concerns about Qatar trying to buy

influence with its key ally, after U.S. Senate Democratic leader

Chuck Schumer introduced a bill on Monday that would prevent any

foreign aircraft operating as Air Force One, the plane that

transports the U.S. president.

"I hope that the United States looks to Qatar as a reliable

partner in diplomacy that is not trying to buy influence," Al

Thani said.

Trump shrugged off ethical concerns, saying it would be

"stupid" to turn down the generous offer.

He said the Boeing 747-8 would eventually be donated to his

presidential library - a repository housing research materials

from his administration, and that he had no plans to use it for

personal reasons after leaving office.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
China Vanke seeks to offload stake in logistics operator GLP, Bloomberg reports
China Vanke seeks to offload stake in logistics operator GLP, Bloomberg reports
Apr 17, 2024
(Reuters) - China Vanke is seeking to sell its entire stake in logistics firm GLP, Bloomberg News reported on Wednesday, as the cash-strapped state-backed property developer looks to raise liquidity. Vanke has held discussions with parties including state-owned investment company Guangdong Holdings Ltd and a Tianjin-based state-owned firm to exit its investment, the report said, citing people familiar with the...
Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slump
Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slump
Apr 17, 2024
HONG KONG, April 17 (Reuters) - Morgan Stanley ( MS ) and HSBC ( HSBC ) are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish markets in China and Hong Kong weigh on their business prospects. Morgan Stanley ( MS ) is cutting...
Dai-ichi Life CEO expects unsolicited takeovers to become common practice in Japan
Dai-ichi Life CEO expects unsolicited takeovers to become common practice in Japan
Apr 17, 2024
TOKYO (Reuters) - Unsolicited takeovers will become common in Japan with time due to government efforts to de-stigmatise the practice, Dai-ichi Life's ( DCNSF ) CEO said after its success in clinching a $2 billion deal to acquire a company with an unexpected bid. The life insurer bid for Benefit One ( BNTOF ) in December despite the employee benefits...
BRIEF-XPENG And The Volkswagen Group Announce Entry Into The Framework Agreement On E/E Architecture Technical Collaboration
BRIEF-XPENG And The Volkswagen Group Announce Entry Into The Framework Agreement On E/E Architecture Technical Collaboration
Apr 17, 2024
(Adding missing word collaboration at the end of the headline) April 17 (Reuters) - XPENG ( XPEV ): * AND THE VOLKSWAGEN GROUP ANNOUNCE ENTRY INTO THE FRAMEWORK AGREEMENT ON E/E ARCHITECTURE TECHNICAL COLLABORATION * JOINTLY DEVELOPED E/E ARCHITECTURE IS EXPECTED TO EQUIP VOLKSWAGEN BRAND ELECTRIC VEHICLES PRODUCED IN CHINA FROM 2026 * PLATFORM WILL INTEGRATE XPENG'S LATEST GENERATION OF...
Copyright 2023-2026 - www.financetom.com All Rights Reserved