MIAMI BEACH – President Donald Trump met on Wednesday to launch a three-day investor summit in support of Saudi Arabia, calling Saudi Arabia “a special place with special leaders.”
His almost 90-minute introduction at the FII Priority Summit covered as much of the topics as the Russian-Ukraine war, domestic oil production, reduced government spending and the 2024 election as the 47th president. Several times he repeated what his legacy wanted as a peace director.
“American golden age is above us,” Trump said at the end of his introduction. “Together with you, we will make America bigger, better, bolder, richer and bigger than ever.”
The discussion at the summit will focus on issues ranging from geopolitical tensions and healthcare challenges to rising costs of living around the world.
After spending much of the day at the Trump National Draal Club near Miami International Airport, the president addressed a packed theatre at the Faena Hotel & Forum on Collins Avenue in Miami Beach.
FII Priority Summit has returned to South Florida for this week’s third edition to promote “global leaders and investors taking important actions” to “invest with purpose.” This year’s summit is the first summit Trump has attended, but his son-in-law Jared Kushner had previously attended.
Kushner’s private equity company was created with a $2 billion investment from a sovereign wealth fund.
Billionaire Elon Musk, who is a leader in Doge’s efforts to cut spending under the Trump administration, also sat next to the Saudi ambassador, attended the opening session on Wednesday.
The summit is hosted by world leaders, innovators and corporate CEOs to discuss “systematic challenges such as geopolitical tensions, rising costs of living, and changes in healthcare and labor markets.”
Trump is trying to bolster US investment from Saudi Arabia while responding to a bad international review of his idea of ousting Palestinians from the Gaza Strip while the US leads its reconstruction efforts. The Saudi Arabian government is one of the Middle Eastern countries to bread initiatives.
But Trump thanked Mohammed bin Salman and other leaders for holding peace talks between the US and Russia this week to end the war in Ukraine, making Saudi Arabia glory rather than criticism. I’ve offered it. He reserved some of his harshest words for Ukrainian President Voldimi Zelenki School. He characterized it as a “moderately successful comedian” who denounced the extension of the war caused by Russian invasions in early 2022.
Trump argued that Zelensky could have attended consultations in Riyadh if he wanted, but would prefer to continue the war despite massive losses on both sides.
Zelenskyy repeated the accusations that Trump had fallen for Russian propaganda, according to a report on Wednesday.
The Miami Beach Summit is supported by the founding partner PIF of the FII Institute in Saudi Arabia and more than 30 strategic partners. Bloomberg estimates that public investment funds manage approximately $925 billion in assets.
The summit is a major pillar in line with the comprehensive theme “Invest With Purpose,” including “The Architecture of the Next Generation Private Alignment,” “The Leadership of the Changing World,” “Destroying Technology and Index Economy,” and “Frontier.” Focus on. capital. “
Original issue: February 19, 2025, 7:29pm EST
