Trump Organization launches $530M Saudi Arabia tower weeks before inauguration

confirmed Importance 8/10 ~1 min read 5 sources 4 actors

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.

Sources & Citations

[1] Trump organization officially launches new Saudi Arabia tower · Dec 11, 2024 Tier 2

[2] Trump Tower is coming to Saudi Arabia · Jul 1, 2024 Tier 1

[3] Dar Global and The Trump Organization Expand Collaboration with SAR 2 Billion Trump Tower · Dec 15, 2024 Tier 2

[4] Eric Trump reveals rendering of Trump Tower project in Saudi Arabia · Dec 11, 2024 Tier 2

[5] Ahead of Trump's inauguration, Trump Organization expands its global business · Dec 16, 2024 Tier 1

Tiers Tier 1 court records & gov docs · Tier 2 established outlets · Tier 3 regional & specialty press · Tier 4 opinion or single-source. Methodology →

Cite this entry

The Cascade Ledger. “Trump Organization launches $530M Saudi Arabia tower weeks before inauguration.” The Capture Cascade Timeline, December 11, 2024. https://capturecascade.org/event/2024-12-11--trump-organization-officially-launches-new-saudi-arabia-towe/