Eric Trump Announces “Trump Tower Saudi Arabia”

The New Republic reports:

The Trump Organization on Wednesday announced a new project in Saudi Arabia: Trump Tower Jeddah. The two companies have spent about $532 million on this residential apartment site, which is expected to be completed in four years. The Trump Organization relies a lot on Saudi Arabia, as the company’s real estate deals in the United States have fallen off since Donald Trump’s first presidential term ended amid a backlash over the January 6, 2021, Capitol riots.

The tower is a long-stalled project for the Trumps, as they had planned to build one of their signature towers in the Middle East before Donald Trump was elected president in 2016. After that, the Trump family pledged not to sign new international deals while he was president. But now, after being elected a second time, the elder Trump doesn’t seem to care about the appearance of a conflict of interest, raising questions of corruption.

Read the full article. Surely this will have zero impact on US relations with Saudi Arabia and across the Middle East.

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