Trump Organization and Dar Global to Develop Luxury Trump Tower in Jeddah
Partnership aims to attract international investors and elevate Saudi Arabia's luxury real estate market.
- The Trump Organization and Dar Global announced plans for a new Trump Tower in Jeddah, marking their first project in Saudi Arabia.
- This collaboration follows a recent deal for a $500 million Trump International hotel complex in Oman.
- Dar Global's CEO highlighted the project's goal to set new standards in luxury living and attract global investors.
- Concerns about potential conflicts of interest have been raised if Donald Trump returns to the presidency.
- The Trump Organization has faced legal challenges, including a $1.6 million fine for tax fraud last year.