type: timeline_event
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.