Kushner rolls out 'slew of' Middle East deals as Trump returns to White House

20 January

Although Ivanka Trump and her husband Jared Kushner served as senior advisers in Donald Trump's first administration, neither has expressed interest in direct participation in his second.

Ivanka Trump, during a recent appearance on the "Skinny Confidential" vodcast, stressed that her "role" in her father's second administration will be strictly "supportive." Reportedly, both Kushner and Ivanka Trump plan to concentrate on their own business activities rather than politics in the months ahead.

According to Bloomberg News reporter Adveith Nair, Kushner "unveiled a slew of deals" in the "days leading up to Donald Trump’s swearing in."

Nair, in an article published on Inauguration Day 2025, explains, "Just over a month ago, Jared Kushner disclosed that his Affinity Partners had raised an additional $1.5 billion from the Qatar Investment Authority and Abu Dhabi-based asset manager Lunate. Last week, Bloomberg News reported that the firm got the approval to double its stake in one of Israel’s top financial firms and is partnering with Emirati billionaire Mohamed Alabbar on a luxury development in the Serbian capital: Trump Hotel Belgrade."

Nair notes that after serving the first Trump Administration, Kushner "set up Affinity, which now counts the Saudi Public Investment Fund, the QIA and Lunate as its three largest limited partners."

Kushner, according to Nair, is working with Eric Trump — Donald Trump's son and executive vice president of the Trump Organization — on the Trump Hotel Belgrade deal.

Kushner told Bloomberg News, "I thought the tower would make a tremendous Trump Tower, so I spoke to Eric about it, and he was very excited. So we’ll be bringing them in as our hotel partner.”

Read Bloomberg News' full article at this link (subscription required).

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