The Trump Organization has announced plans to build a luxury Trump Tower in Jeddah, Saudi Arabia, with Dar Global, the international arm of mega-developer Dar Al Arkan.
When completed, the tower in Jeddah will be the Trump Organization’s first major project in Saudi Arabia.
Eric Trump, executive vice president of the Trump Organization and son of former U.S. President Donald Trump, said in a statement, “We are thrilled to expand our presence in the Middle East and bring the luxury equivalent of Trump Tower to the region through our long-standing relationship with Dar Global.”
This project is going to be built targeting the luxury market of Saudi Arabia and international investors. The Trump Organization and Dar Global unveiled plans for a new project in Saudi Arabia just days after announcing the construction of the $500 million Trump International Hotel complex in Oman.
This five-star hotel complex will open in December 2028. It will include a nightclub, golf course and ‘members-only’ club. Although not owned by the Trump Organization, Dar Al Arkan agreed to use the Trump name and logo under license for the hotel.
These new projects by the Trump Organization in the Middle East could raise concerns about conflicts of geopolitical interests if former President Donald Trump returns to power.
Donald K. Sherman, senior vice president and chief counsel of Citizens for Responsibility and Ethics in Washington (CREW), the Trump Organization’s continued business expansion outside the United States raises national security, corruption and constitutional concerns.
A 2023 analysis by CREW found that Trump earned at least $9.6 million from Middle Eastern countries during his presidency. The Trump Organization is largely owned by private trusts. Former US President Donald Trump is the sole beneficiary. The family business is run by Trump’s sons, Donald Trump Jr. and Eric Trump.
