Trump Tower Set To Rise in Saudi Arabia in 2028
- Publish date: Tuesday، 02 July 2024
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The Trump Organization, led by former President Donald Trump, is set to make a grand entrance in Saudi Arabia with a new luxury Trump Tower in Jeddah, developed in partnership with Dar Global, the international arm of Saudi mega-developer Dar Al Arkan.
This Jeddah tower marks the Trump Organization's first major venture in Saudi Arabia. Eric Trump, executive vice president of the Trump Organization, shared his excitement, stating, "We are thrilled to expand our footprint in the Middle East and bring the Trump standard of luxury to the region through our long-standing relationship with Dar Global."
Targeting the luxury Saudi Arabian market and international investors, this project follows the recent announcement of a $500 million Trump International hotel complex in Oman, set to open in December 2028, featuring a nightclub, golf course, and members-only club.
However, these Middle Eastern ventures raise eyebrows over potential conflicts of interest if Trump returns to the White House. Donald K. Sherman from CREW highlighted concerns about national security and corruption, especially given Saudi Arabia's history of seeking to influence Trump.
Despite the controversy, the Trump Organization continues to pursue foreign business projects, with the family business run by Donald Trump Jr. and Eric Trump. As Trump’s ventures expand, so does the scrutiny over their implications.
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This article was previously published on saudimoments.To see the original article, click here