Dar Global to launch a $1 billion project in Saudi Arabia in a deal with Trump Organization

DUBAI, United Arab Emirates — Dar Global, a London-listed luxury real estate developer, said on Monday that it plans to launch a Trump Plaza in the Saudi Red Sea city of Jeddah in the second collaboration with the Trump Organization, following the success of Trump Tower Jeddah.

The announcement by the company, which is listed on the London Stock Exchange, said the $1 billion landmark development is to rise along King Abdulaziz Road in the heart of the city.

Dar Global said the project will have a Central Park-inspired green spine as an anchor, “bringing Manhattan-style vibrancy” to Jeddah.

It is the second collaboration in the coastal Saudi city with The Trump Organization and Dar Global said Trump Plaza Jeddah will represent the second Trump-branded development in Saudi Arabia, following the launch of Trump Tower Jeddah in December last year.

Trump’s company struck many real estate licensing deals overseas before he entered the White House in 2017, including for hotels and residential towers in Canada, Dubai, Mexico, India and Turkey.

Trump’s close ties to Saudi Arabia’s crown prince and day-to-day ruler, Mohammed bin Salman, drew heavy criticism after the 2018 killing of Jamal Khashoggi, a Saudi columnist for the Washington Post who had written critically about the monarchy.

Dar Global is the international arm of Dar Al Arkan, a large Saudi developer. It says it has $7.5 billion worth of projects under development in the United Arab Emirates, Oman, Qatar, the United Kingdom, Spain and Saudi Arabia.

Popular Reads

Dar Global said Trump Plaza Jeddah will transform the city’s skyline into a world-class community that will include premium residences, serviced apartments, Grade-A office space, and exclusive townhouses.

Designed to redefine urban living in Saudi Arabia, the development will integrate living, working, and leisure into one seamless destination, the statement said.

“This project embodies our vision of excellence by blending world-class hospitality, modern living, and dynamic business environments,” Dar Global’s statement quoted Eric Trump, Executive Vice President of The Trump Organization, as saying.

“Together with Dar Global, we are creating a destination that will set a new benchmark for prestige and innovation in the kingdom,” he said.

Read More

  • Related Posts

    Trump to raise US global tariff from 10 to 15% after Supreme Court ruling

    United States President Donald Trump has doubled down on his new global tariffs, raising them from 10 percent to 15 percent, days after the Supreme Court struck down his sweeping…

    Saks Global to close most Saks Off 5th stores as it restructures during bankruptcy

    This page either does not exist or is currently unavailable. From here you can either hit the “back” button on your browser to return to the previous page, or visit…

    You Missed

    ‘She hasn’t got a clue!’ Backlash at luvvie Emma Thompson for criticism of ‘unhealthy school dinners’

    • By admin
    • March 18, 2026
    • 2 views
    ‘She hasn’t got a clue!’ Backlash at luvvie Emma Thompson for criticism of ‘unhealthy school dinners’

    Furious residents ‘refuse to pay their water bills’ after sewage pours onto their streets ‘every time it rains’

    • By admin
    • March 18, 2026
    • 2 views
    Furious residents ‘refuse to pay their water bills’ after sewage pours onto their streets ‘every time it rains’

    Start of the race to succeed Keir Starmer: Shamed MP ‘opens door’ for Andy Burnham’s leadership challenge… if he can win bitter by-election against Nigel Farage

    • By admin
    • March 18, 2026
    • 2 views
    Start of the race to succeed Keir Starmer: Shamed MP ‘opens door’ for Andy Burnham’s leadership challenge… if he can win bitter by-election against Nigel Farage

    Trump declares US gets ‘TOTAL ACCESS’ to Greenland as he reveals latest plan

    • By admin
    • March 18, 2026
    • 2 views
    Trump declares US gets ‘TOTAL ACCESS’ to Greenland as he reveals latest plan

    Viral campaign sends Victoria Beckham to No1 in charts for first time ever as Britain sides with her after dance humiliation by son Brooklyn

    • By admin
    • March 18, 2026
    • 2 views
    Viral campaign sends Victoria Beckham to No1 in charts for first time ever as Britain sides with her after dance humiliation by son Brooklyn

    Amateur footballer, 20, who died from flesh-eating virus could have survived if paramedics had taken him to hospital, coroner rules

    • By poster
    • March 17, 2026
    • 3 views
    Amateur footballer, 20, who died from flesh-eating virus could have survived if paramedics had taken him to hospital, coroner rules