Trump Ties Up with Saudi Developer for Luxury Villas in Oman
- Publish date: Thursday، 07 March 2024
Trump Organization Collaborates with Saudi Developer on $200 Million Luxury Housing Project in Muscat, Oman
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The Trump Organization has announced its partnership with a Saudi developer for a grand luxury housing project worth $200 million in Oman's capital, Muscat. Named Trump Villas at AIDA, this gated community will boast breathtaking views of the Gulf of Oman and will be situated within the prestigious Trump International Golf Club.
Trump's Presence in the Gulf Region
USA’s former President Donald Trump has previously ventured into real estate projects in the Gulf, particularly in Dubai through a collaboration with Damac Group in 2015. Now, with this new project in Oman, Trump's footprint in the oil-rich Gulf region expands, despite ongoing scrutiny over potential conflicts of interest.
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Challenges and Accusations
Trump's involvement in real estate developments across the Gulf has sparked accusations of conflicts of interest, especially considering his close ties with countries like Saudi Arabia and the UAE during his presidency. Despite his pledge not to engage in new foreign deals while in office, his businesses continued to profit from existing arrangements in countries like Turkey, the Philippines, and India.
Continuing Legacy and Controversy
While Trump's presidency has ended, his business ventures and their implications remain under scrutiny. His return to the Gulf region for luxury housing projects adds fuel to debates surrounding his business dealings and potential conflicts of interest during his time in office.
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