The Trump Organization partnered with Saudi developer Dar Global to build a $1 billion mixed-use development in Jeddah. Trump Plaza Jeddah will contain homes, offices and a green space modeled after Central Park. Eric Trump called the venture a blend of hospitality, residential living and business facilities.
The agreement extends Trump-branded properties across Gulf nations where Dar Global already constructs a hotel and villas in Muscat set for 2028 completion. Donald Trump Jr. and Eric Trump manage the family business while their father retains ownership stakes. The May strategic partnership between Trump and Crown Prince Mohammed bin Salman promised $600 billion in Saudi investment flows to America.
Trump defended the crown prince after intelligence agencies linked him to journalist Jamal Khashoggi's 2018 murder at the Saudi consulate in Istanbul. Jared Kushner secured $2 billion from a Saudi wealth fund for his private equity firm after leaving government service. Critics argue Trump mixes personal business gains with American foreign policy objectives in the Gulf region.
The agreement extends Trump-branded properties across Gulf nations where Dar Global already constructs a hotel and villas in Muscat set for 2028 completion. Donald Trump Jr. and Eric Trump manage the family business while their father retains ownership stakes. The May strategic partnership between Trump and Crown Prince Mohammed bin Salman promised $600 billion in Saudi investment flows to America.
Trump defended the crown prince after intelligence agencies linked him to journalist Jamal Khashoggi's 2018 murder at the Saudi consulate in Istanbul. Jared Kushner secured $2 billion from a Saudi wealth fund for his private equity firm after leaving government service. Critics argue Trump mixes personal business gains with American foreign policy objectives in the Gulf region.
