US EditionReport: Trump Organization in talks over joining Saudi government-owned real estate project: New York Times
The Trump Organization is negotiating multiple Saudi real estate projects including Jeddah Tower, generating millions in licensing fees and private-equity commitments, reports say.
- On May 13, 2025, the Trump Organization is actively working with Saudi developer Dar Al Arkan on real-estate projects in Riyadh and Jeddah, signaling ongoing negotiations in Saudi Arabia.
- DT Marks KSA LLC reports $15.9 million in licensing fees, and in 2024 the Trump family collected $50 million from Saudi-linked deals, driving strong commercial incentives.
- The Trump Organization previously sold the entire 45th floor of Trump World Tower to the Kingdom of Saudi Arabia for $12 million, and Donald Trump created THC Jeddah Hotel Manager LLC in August 2015.
- A month after the second term, Dar Global announced two additional Riyadh projects, while Jared Kushner's Affinity Partners secured $55 billion from the Saudi Public Investment Fund by 2024.
- Trump's Saudi ties hardened after the Khashoggi killing, intensifying scrutiny while White House Press Secretary Karoline Leavitt denied conflicts of interest for the president and Trump family amid intertwined money and diplomacy.
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11 Articles
The links between the US President and the Arab country have raised concerns about conflicts of interest.
Trump Organization Nears Naming Rights Deal With Saudis
The Trump Organization is in advanced talks to put its name on a major Saudi government real estate project, according to the CEO of the Saudi company leading the development. The Trump company is said to be negotiating a deal that would bring a branded property to Diriyah, a $63...
Reports indicate a growing overlap between state and business interests during the second term of US President Donald Trump, and with the emergence of a new deal with Saudi Arabia, the line between the two seems to be becoming increasingly blurred...
The Trump Organization is conducting talks that could lead to the establishment of a Trump-branded facility in one of Saudi Arabia's largest public real estate complexes, according to the CEO of the Saudi company responsible for the project.
Trump's luxury Diriyah deal sharpens pay-for-play charge as MBS' visit looms
The Trump Organization is in talks to attach its brand to Diriyah, the Saudi $63 billion government-led redevelopment — a development that arrives just days before Crown Prince Mohammed bin Salman’s planned visit to Washington.
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