Trump Organization launches $530M Saudi Arabia tower weeks before inauguration
Eric Trump announced the Trump Organization’s first Saudi Arabia project—a 47-floor, SAR 2 billion ($530M) Trump Tower in Jeddah, developed with London-listed Dar Global. The tower on Jeddah’s Corniche will include Trump Club, the Kingdom’s first members-only social club, with completion targeted for 2028-2029. The announcement came weeks before Donald Trump’s second presidential inauguration, raising conflict of interest concerns.
Key Actors
Sources (5)
- Trump organization officially launches new Saudi Arabia tower (2024-12-11)
- Trump Tower is coming to Saudi Arabia (2024-07-01)
- Dar Global and The Trump Organization Expand Collaboration with SAR 2 Billion Trump Tower (2024-12-15)
- Eric Trump reveals rendering of Trump Tower project in Saudi Arabia (2024-12-11)
- Ahead of Trump's inauguration, Trump Organization expands its global business (2024-12-16)
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