The Trump Organization announced plans Monday to build a luxury Trump Tower in Jeddah, Saudi Arabia. CNN reports the project will be done in collaboration with Dar Global, the international arm of Saudi developer Dar Al Arkan.
Trump family expands presence in Middle East
“We are excited to expand our presence in the Middle East and bring the Trump standard of luxury to this region,” said Eric Trump, vice chairman of the Trump Organization and son of former President Donald Trump.
Dar Global is targeting the project at “Saudi Arabia’s luxury market and international investors.” Gulf Business reports that the announcement comes just days after the opening of a $500 million Trump International hotel complex in Oman.
Trump's business dealings could threaten national security if he becomes president again
Concerns about conflicts of interest could arise if Donald Trump becomes president again. Donald K. Sherman of Citizens for Responsibility and Ethics in Washington told CNN: “The Trump Organization's continued pursuit of foreign business ventures raises dangerous concerns about national security, corruption and constitutionality.”
Last year, the Trump Organization was fined $1.6 million for a decades-long tax fraud scheme, Tagesschau reports. Trump spoke of a politically motivated witch hunt that was allegedly started by Democrats.