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Saudi Arabia, UAE Promise to Donate $100Mln to Ivanka Trump's Foundation

Sputnik International

Saudi Arabia and the United Arab Emirates reportedly pledged to contribute $100 million to the foundation proposed by Ivanka Trump. 22.05.2017, Sputnik International

2017-05-22T04:19+0000

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Saudi Arabia, UAE Promise to Donate $100Mln to Ivanka Trump's Foundation

04:19 GMT 22.05.2017

© AP Photo / Evan VucciIvanka Trump, the daughter of President Donald Trump, listens during a meeting between President Donald Trump and women small business owners in the Roosevelt Room of the White House in Washington, Monday, March 27, 2017

Ivanka Trump, the daughter of President Donald Trump, listens during a meeting between President Donald Trump and women small business owners in the Roosevelt Room of the White House in Washington, Monday, March 27, 2017 - Sputnik International

Saudi Arabia and the United Arab Emirates reportedly pledged to contribute $100 million to the foundation proposed by Ivanka Trump.

US President Donald Trump (L) and Ivanka Trump - Sputnik International

Ivanka for President! US Citizens Favor Trump's Daughter More Than Himself

18 May 2017, 08:39 GMT

MOSCOW (Sputnik) — Saudi Arabia and the United Arab Emirates pledged to contribute a total of $100 million to the foundation proposed by Ivanka Trump, daughter of US President Donald Trump, media reported Monday.

According to CNN broadcaster, the donations to Women Entrepreneurs Fund, which will be run by the World Bank, were agreed upon on Sunday during the US president's trip to Saudi Arabia. The concept of the foundation, announced by Ivanka Trump in April, outlines providing financial support to female entrepreneurs.

Trump's visit to Saudi Arabia was marked by signing the arms deal worth $350 billion with the Saudi leadership.