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In a deal with Trump Organization, Dar Global will launch a $1 billion project in Saudi Arabia

In a deal with Trump Organization, Dar Global will launch a $1 billion project in Saudi Arabia

Summary

London real estate developer Dar Global announced plans to start a new project called Trump Plaza in Jeddah, Saudi Arabia. This is a $1 billion venture done in partnership with the Trump Organization. The development will feature homes, serviced apartments, office space, and townhouses.

Key Facts

  • Dar Global is a real estate developer based in London.
  • The new project is called Trump Plaza.
  • It will be located in Jeddah, a city by the Red Sea in Saudi Arabia.
  • This is Dar Global's second project with the Trump Organization.
  • The project's full cost is estimated at $1 billion.
  • The development will include residences, serviced apartments, office space, and townhouses.
  • The project follows another Trump-branded project, Trump Tower Jeddah, launched in December last year.

Source Information