Monday, November 25, 2024
Monday, November 25, 2024
Home ArticlesSustainabilityDevelopers Trump Tower Set to Open in Jeddah in Partnership with Saudi Developer, Expanding Brand in the Middle East

Trump Tower Set to Open in Jeddah in Partnership with Saudi Developer, Expanding Brand in the Middle East

by Eng Hanan
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Donald Trump’s organization has announced a new deal with Saudi developer Dar Global to establish a high-rise Trump Tower in Jeddah, marking the former U.S. president’s brand expansion into the Gulf and Middle East.

Eric Trump, Executive Vice President of the Trump Organization, expressed excitement over the project, saying, “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.” He emphasized that the collaboration reflects a shared vision of creating landmark developments known for luxury, quality, and sophistication.

Dar Global’s CEO, Ziad El Chaar, noted that Trump Tower Jeddah will cater to Saudi Arabia’s luxury market and international investors. He added that the development will “strengthen our ongoing relationship with The Trump Organization and expand our portfolio by delivering premium properties to redefine Saudi Arabia’s high-growth real estate market.”

In addition to the Jeddah tower, Dar Global is also developing the Trump International Hotel and luxury villas in Muscat, Oman. This project, licensed to use the Trump name, is set for completion in 2028, further extending the Trump brand in the region.

Beyond business, the new Trump Tower in Jeddah underscores the strong relationship between Donald Trump and Saudi Arabia. During his presidency, Trump made Saudi Arabia his first foreign trip and maintained close ties with Crown Prince Mohammed Bin Salman, defending him amid controversies such as the assassination of journalist Jamal Khashoggi.

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