DUBAI, United Arab Emirates (AP) — London actual property developer Dar International mentioned Monday that it plans to launch a Trump Plaza within the Crimson Sea metropolis of Jeddah, its second collaboration with the Trump Group, the gathering of firms managed by U.S. President Donald Trump’s youngsters.
The $1 billion undertaking would be the second Trump-branded growth in Saudi Arabia, following the launch of Trump Tower Jeddah in December final yr, Dar International mentioned. It’s going to embrace residences, serviced flats, workplace house and townhouses.
Trump’s firm struck many actual property licensing offers abroad earlier than he first entered the White Home in 2017, together with for lodges and residential towers in Canada, Dubai, Mexico, India and Turkey.
Trump’s shut ties to Saudi Arabia’s crown prince and day-to-day ruler, Mohammed bin Salman, drew heavy criticism after the 2018 killing of Jamal Khashoggi, a Saudi columnist for the Washington Put up who had written critically in regards to the monarchy.
The primary main international journey of Trump’s second time period was to Saudi Arabia.
Dar International is the worldwide arm of Dar Al Arkan, a big Saudi developer. It says it has $7.5 billion price of initiatives below growth within the United Arab Emirates, Oman, Qatar, the UK, Spain and Saudi Arabia.
Initially Revealed: September 29, 2025 at 12:38 PM EDT
