Luxury Trump Tower coming to Saudi Arabia

MENA

Published: 2024-07-02 16:41

Last Updated: 2024-07-04 18:35


The entrance of Trump Tower in the city of New York. (Photo: The Trump Organization)
The entrance of Trump Tower in the city of New York. (Photo: The Trump Organization)

The Trump Organization revealed plans Monday to develop a luxury Trump Tower in Jeddah, Saudi Arabia.

If completed, the tower in Jeddah would be the Trump Organization’s first major project in Saudi Arabia.

“We are thrilled to expand our footprint in the Middle East and bring the Trump standard of luxury to the region,” Eric Trump, the son of former President Donald Trump and Executive Vice President of the Trump Organization said in the announcement.

The project will target the “luxury Saudi Arabian market and international investors,” added the statement.

The new project in Saudi Arabia comes just days after the Trump Organization and a Dubai-based real estate developer unveiled a USD 500 million Trump International hotel complex in Oman.

That five-star hotel complex, set to open in December 2028, would include a nightclub, golf course and members-only club.

An analysis in 2023 by The Citizens for Responsibility and Ethics in Washington (CREW) found that Donald Trump made at least USD 9.6 million from countries in the Middle East during his presidency.