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Trump Org Eyeing Business Deals in Middle East: NYT

Trump Org Eyeing Business Deals in Middle East: NYT

Summary

The Trump Organization is planning new real estate ventures in Saudi Arabia, aiming for a project in Diriyah as part of a larger development. President Donald Trump's family, who manage his business interests, are exploring additional opportunities in the Middle East while critics voice concerns over potential conflicts between his business and political roles.

Key Facts

  • The Trump Organization is considering a new property in Diriyah, Saudi Arabia.
  • Diriyah is set to become a luxury destination in a $63 billion development project.
  • President Trump has handed over his business operations to his sons, Eric and Donald Jr.
  • The Trump Organization continues to pursue projects in the Middle East, including a planned tower in Jeddah and previously announced projects in Riyadh.
  • The company also collaborates with Dar Global for luxury resorts in Oman and Qatar.
  • There are concerns about potential conflicts of interest with the Trump Organization's international dealings.
  • President Trump's connection to oil-rich Gulf nations has raised questions during his presidency.

Source Information