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Al Jazeera
Al Jazeera
Politics
Andy Hirschfeld

US to fast-track investments from Middle East before Trump trip: Report

Five of the top 10 most active wealth funds come from the three countries US President Donald Trump will visit next week [File: Leah Millis/Reuters]

United States President Donald Trump’s administration has reportedly discussed the possibility of expediting investments by the United Arab Emirates, Saudi Arabia and Qatar before his trip to the region next week.

The early-stage talks were reported first by Bloomberg News. Any such development would require the US government to reform the Committee for Foreign Investment in the US (CFIUS), an interagency organisation led by the US Department of the Treasury, and which also includes representatives from the Departments of Commerce, Defense, Homeland Security and State that review foreign real-estate investments to evaluate if any prose a national security risk.

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