In brief
The Trump Organization has secured agreements for luxurious developments in Qatar and Dubai, coinciding with President Trump’s upcoming Middle East trip.
The Trump Organization has announced a deal with a Qatari government-affiliated company to develop a golf course and luxury residences in Qatar, just two weeks prior to President Trump’s state visit to the Middle East set for May 13. Eric Trump, who oversees the family business, is currently in Dubai to promote these ventures while attending a cryptocurrency conference, which spotlight a new Trump-branded skyscraper in the United Arab Emirates.The partnership in Qatar is with Qatari Diar, a real estate entity backed by the nation's sovereign wealth fund and chaired by a government official. According to Eric Trump, the golf course planned for Qatar promises to be “beautiful” and situated “right on the ocean.” In addition, Dar Global, associated with the Saudi real estate giant Dar Al Arkan, is collaborating on these projects and maintains strong connections with the Saudi authorities.As President Trump prepares for his tour through Saudi Arabia, Qatar, and the Emirates, he has noted the significant financial opportunities available for American businesses in the region. Eric Trump expressed optimism about this growing interest in U.S. investments, underscoring the global appeal of their brand. This development was initially disclosed by Reuters, with contributions to the reporting from Ismaeel Naar in Dubai. Vivian Nereim, based in Riyadh, leads coverage of the Arabian Peninsula for The Times, while Eric Lipton investigates a wide range of issues including Pentagon spending.
