The Trump Organization and Dar Global are collaborating to build a luxury tower in Dubai
The Saudi company "Dar Global" recently announced the signing of a contract with the "Trump Organization" to build a luxury skyscraper in the city of Dubai, United Arab Emirates. This project is the latest project of the company affiliated with Donald Trump, the former president of the United States and candidate for the upcoming presidential elections, in the Persian Gulf region.
Dar Global, which is the international branch of the large Saudi construction company "Dar Al Arakan", announced that the "Trump Tower" project in Dubai was designed with the aim of attracting the luxury market of this city. The company also stated that by the end of this year, it will publish the details of the tower construction site and its plan.
The project will include a Trump-branded hotel and luxury residential units. It should be noted that this contract is the second largest collaboration between Dar Global and the Trump Organization in recent weeks; Two weeks ago, Dar Global announced another agreement with the Trump Organization to build a high-rise tower in Jeddah, Saudi Arabia.
Dar Global is also implementing the "Trump International Oman" project, which includes a hotel and luxury villas in Muscat. The project is expected to be completed by 2024. However, the Trump Organization does not own the project, but the Trump brand is used in the project under a contract.
After taking office in 2017, Donald Trump handed over the management of the Trump Organization to his sons, but still retains ownership of the company's shares. The Trump Organization's foreign contracts have often come under fire because of potential conflicts of interest if Trump wins the next presidential election.
In 2023, the US Congress released a report showing that six countries, including Saudi Arabia and the United Arab Emirates, spent significant sums on Trump-owned hotels in an effort to influence the US government.
Eric Trump, son of Donald Trump and executive chairman of the Trump Organization, said in a statement: "We are pleased to expand our presence in the region through the launch of the Trump Tower project in Dubai." These projects show the desire of the Trump Organization to maintain and expand its influence in the luxury market of the Middle East.
In addition, those interested can also visit Trump's construction projects in Oman. These projects include the following:
As one of the special and popular projects, these villas are very attractive for investors.
