Trump Tower is coming to Saudi Arabia
The Trump Organization has announced plans to develop a luxury Trump Tower in Jeddah, Saudi Arabia. The project will be undertaken with Dar Global, the international arm of Saudi developer Dar Al Arkan. The tower is set to be the Trump Organization’s first major project in Saudi Arabia. Eric Trump, Executive Vice President of the Trump Organization, expressed excitement about expanding their presence in the Middle East. The project aims to cater to the luxury Saudi Arabian market and international investors. This news follows the recent unveiling of a $500 million Trump International hotel complex in Oman. Concerns have been raised about potential conflicts of interest if former President Donald Trump were to return to the White House. In the past, the Trump Organization has faced criticism regarding foreign business projects and concerns about the Foreign Emoluments Clause. The organization is owned by a private trust with Donald Trump as the sole beneficiary, and it is currently managed by his sons Donald Jr. and Eric Trump.