Eric Trump Announces New Trump Tower in Saudi Arabia Ahead of Father’s Presidency
(Jeenah Moon/Pool Photo via AP)
Eric Trump announced a new Trump Tower project in Saudi Arabia as his father President-elect Donald Trump prepares to enter the White House again.
On Wednesday, the president-elect’s son showed off a video rendering for what appears to be the first major Trump Organization project in Saudi Arabia. The video present a visual for a possible high-rise residential tower with the Trump name in the city of Jeddah.
“Incredibly proud to officially launch a project that has been underway for many months, Trump Tower – Jeddah!” Eric wrote in a post on X. “Thank you to our partners @dar_global – This will be our 5th project together and among the most luxurious buildings anywhere in the world!”
Incredibly proud to officially launch a project that has been underway for many months, Trump Tower – Jeddah! Thank you to our partners @dar_global – This will be our 5th project together and among the most luxurious buildings anywhere in the world! pic.twitter.com/uzlbrteZG4
— Eric Trump (@EricTrump) December 11, 2024
The Trump organization is reportedly building the project alongside Dar Global, a luxury international real estate developer. According to a press release from the Trump Organization, the new tower wants to appeal to “the luxury Saudi Arabian market and international investors.”
Trump’s announcement comes after the Saudi Arabia announced it was hosting the 2034 Men’s World Cup after receiving approval from FFIA.
Back in February, Jared Kushner, Trump’s son-in-law and former adviser, defended his business dealings with the Saudi Crown Prince Mohammed bin Salman following his departure from the White House where Kushner served as an adviser. In 2021, Kushner’s private equity firm received a $2 billion investment from Saudi Arabia’s sovereign wealth fund.
During Trump’s first term in office, Kushner led talks between the White House and Saudi Arabia on Middle Eastern policy.
