DIRS.INFO The most relevant business & tech news

☆ Serbia Approves Contract With Jared Kushner for Hotel Complex
▼ + stars: | 2024-05-16 | by ( Eric Lipton | ) www.nytimes.com time to read: +1 min

The Serbian government has approved a contract with Jared Kushner on plans to build a luxury hotel on the site of the former defense ministry in Belgrade, putting him directly into business with a European state as his father-in-law, Donald J. Trump, vies to return to the White House. Mr. Kushner is pursuing the $500 million hotel project in partnership with Richard Grenell. A former Trump administration aide, Mr. Grenell first proposed that U.S. investors attempt to redevelop the long-vacant bombed-out site of the former Yugoslav Ministry of Defense while Mr. Grenell was still a diplomat, serving as a special envoy to the Balkans. The deal, which provoked protests in Belgrade on Thursday, is with an affiliate of Mr. Kushner’s Affinity Partners, the three-year-old, $3 billion investment fund backed by the sovereign wealth fund of Saudi Arabia. “The government of Serbia has chosen a reputable American company as a partner in this venture, which will invest in the revitalization of the former Federal Secretariat for National Defense complex,” a Serbian government official said in a statement released on Wednesday.

Persons: Jared Kushner, Donald J, Trump, vies, Kushner, Richard Grenell, Grenell Organizations: Serbian, Yugoslav Ministry of Defense, Mr, Kushner’s Affinity Partners, Federal Secretariat, National Defense Locations: Belgrade, Balkans, Saudi Arabia, Serbia, American

☆ Jared Kushner's $500 million investment deal in Serbia mirrors plans Donald Trump had a decade ago
▼ + stars: | 2024-03-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Jared Kushner is partnering with Serbian officials to build a luxury hotel in Belgrade, per the NYT. The $500 million contract mirrors plans Donald Trump had made nearly a decade ago, per the outlet. AdvertisementA tentative deal has been struck between Jared Kushner, his investment firm Affinity Partners, and Serbian officials to build a luxury hotel in Belgrade. Bloomberg reported Kushner recently ruled out re-joining the Trump administration if his father-in-law wins his reelection bid. Even after distancing himself from the Trump administration, Kushner has made big money through his investment and development firms.

Persons: Jared Kushner, Donald Trump, Kushner, —, Kushner's, Trump, Trump's, Ivanka Organizations: Serbian, Service, Affinity Partners, New York Times, Times, Yugoslav Ministry of Defense, Trump Organization, Trump, Business, Trump White House, Bloomberg, White Locations: Belgrade, Serbia's, Serbian, Saudi, Persian

In 2013, two years before he began running for president, Mr. Trump — Mr. Kushner’s father-in-law — told a top Serbian government official that he wanted to build a luxury hotel on the site. Associates of the Trump Organization traveled to Belgrade to inspect the location. The project did not come together before Mr. Trump’s election in 2016, and after being sworn in he vowed to not do any new foreign deals. But developing the site would again draw interest from Mr. Trump’s circle. Richard Grenell, whom Mr. Trump had appointed as a special envoy in the Balkans, pushed a related plan during the Trump administration that Serbia and the United States jointly work to rebuild the Defense Ministry site.

Persons: Jared Kushner, Donald J, Trump, Kushner, Kushner’s, —, Richard Grenell Organizations: Yugoslav Ministry of Defense, NATO, The New York Times, Serbian, Associates, Trump Organization, United, Defense Ministry Locations: Belgrade, Serbian, Balkans, Serbia, United States, American

☆ A second war could easily erupt in Europe — while everyone's distracted by Ukraine
▼ + stars: | 2023-10-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +11 min

Violence erupted in northern Kosovo in September, and Belgrade responded with a military build-up on its border with its neighbor. Given the current political and security context, analysts say an outbreak of violence in northern Kosovo "should raise alarm bells." Open hostilityLong-simmering animosity between Serbia and Kosovo has broken into open hostility in northern Kosovo in recent months. Northern Kosovo, which borders Serbia, has an ethnic Serb majority whereas the country as a whole is around 93% ethnic Albanian. Mojsilovic stated that number of troops on the Kosovo border had been reduced to 4,500 from 8,350.

Persons: Milan Radoicic, Majda Ruge, Stringer, Milos Vucevic, Staff Milan Mojsilovic, Mojsilovic, Aleksandar Vučić, Vučić, Ian Bremmer, Bremmer, Ruge, Aleksandar Vucic, Krusha, Armend Nimani, Slobodan Milošević, Serbian, Albin Kurti, Andrius, Tursa, Serbia's Slobodan Milosevic Organizations: Kosovo Police, Kosovo Serb, Milan, Anadolu Agency, Getty, European Council, Foreign Relations, Albanian, Kosovo, Afp, NATO, Serbian, Staff, Financial Times, EU, Eurasia Group, Yugoslavia, Yugoslav, Yugoslav Ministry of Defense, Federal, Nato, Kosovo Albanians Locations: Banjska, Jarinje, Serbia, Zvecan, Kosovo, Ukraine, Europe, Belgrade, destabilising Kosovo, Northern Kosovo, Serbian, Serbs, Yugoslavia, Armenia, Azerbaijan, Nagorno, Karabakh, Russia, Mitrovica, North Macedonia, Albania, Montenegro, Balkans, Kosovo Albanian, Krusha, Madhe, Albanian, Yugoslav, Federal Republic of Yugoslavia, Central, Eastern Europe, Stagovo

Search resuls for: "Yugoslav Ministry of Defense"

4 mentions found