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During his Gulf tour, President Trump announced Qatar's $10 billion investment in the Al Udeid Air Base and highlighted $42 billion in Qatari defense purchases. He also addressed a potential deal for the UAE to import Nvidia AI chips, sparking national security concerns.
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News and Media
Mark Mobius reaffirmed his bullish stance on Indian equities, despite geopolitical tensions with Pakistan. He criticized bureaucratic hurdles slowing foreign investments and urged investors to focus on fundamentals over market timing or headlines. His fund has started redeploying capital, with a preference for mid-cap stocks amid global market volatility.
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News and Media
A Boeing 747 offered to President Trump by Qatar as a temporary Air Force One may require fighter jet escorts and be restricted to domestic flights due to security concerns. Retrofitting the plane with necessary security and communication upgrades could be costly and time-consuming. Trump has dismissed concerns, citing delays in the delivery of the new Air Force One planes.
Category:
News and Media
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