DarGlobal Announces $10 Billion Trump-Branded Luxury Projects in Saudi Arabia
DarGlobal, a luxury real estate company listed in London, has announced plans to develop two large Trump-branded luxury projects in Saudi Arabia. The projects will be built in Riyadh and Jeddah and have a total value of $10 billion. DarGlobal CEO Ziad El Chaar shared the news on Sunday, marking a new step in the company’s growing partnership with the Trump Organization.
In Riyadh, DarGlobal plans to build a Trump National Golf Course and a Trump International Hotel. These projects will be located in Diriyah, a major government-supported development on the western side of the Saudi capital. Diriyah is one of the kingdom’s most important urban projects and plays a key role in Saudi Arabia’s future development plans.
In Jeddah, the company plans to develop a mixed-use project called Trump Plaza. This development will include office spaces and residential buildings designed for luxury living.
Eric Trump, Executive Vice President of the Trump Organization and son of US President Donald Trump, said the Saudi projects are part of an ongoing partnership with DarGlobal. He confirmed that construction is expected to take around four to five years to complete.
These new projects support Saudi Arabia’s Vision 2030 plan, which aims to reduce the country’s reliance on oil and attract more foreign investment. As part of this strategy, Saudi Arabia has recently allowed foreigners to own property in certain areas for the first time. This move is expected to boost interest from global investors and developers.
The Saudi projects are the latest in a series of deals between DarGlobal and the Trump Organization. DarGlobal is the international development arm of Saudi real estate company Dar Al Arkan.
Earlier this weekend, DarGlobal also announced progress on a major Trump-branded project in Dubai. The company awarded the enabling works contract for the Trump International Hotel & Tower in Dubai to Edrafor Emirates. This project is part of DarGlobal’s wider expansion across the Gulf region.
The Trump International Hotel & Tower in Dubai will be an 80-storey building, standing 350 meters tall. It is located on Sheikh Zayed Road at the entrance to Downtown Dubai. The tower was officially revealed in April 2025 and is expected to become a major city landmark.
The Dubai project will include a luxury hotel, high-end residences, and a private members-only club called “The Trump.” Special features will include Dubai’s highest outdoor swimming pool, two exclusive penthouses inspired by Trump Tower in New York, and panoramic views of the Burj Khalifa.
Ziad El Chaar said Dubai continues to attract global investors looking for premium design, luxury living, and world-class hospitality. He added that the Trump International Hotel & Tower reflects these qualities.
Edrafor Emirates will manage early construction works such as ground engineering, site preparation, and logistics. Pierre Fayad, General Manager of Edrafor, said the company’s experience with complex regional projects will ensure a smooth and timely start to construction.
Published: 12th January 2026
For more article like this please follow our social media Twitter, Linkedin & Instagram
Also Read:
Egypt to Receive Remaining EU Financial Support by 2027
SABIC sells two units to focus on high-growth markets
Kuwait Finance House Raises $1 Billion Through Sukuk Deal
