New Trump-branded real estate projects in Riyadh and Jeddah mark a major expansion of U.S. firm’s footprint as Saudi Arabia opens its market to foreign investors
The Trump Organization, the U.S. real estate firm led by figures closely associated with
Donald Trump’s family, has sharpened its focus on Saudi Arabia’s property sector with the unveiling of two high-value luxury developments worth a combined $10 billion, as the kingdom pursues economic diversification and foreign investment.
Saudi developer Dar Global said the initiatives, which include a Trump National Golf Course and Trump International Hotel in Riyadh’s burgeoning Diriyah project and a mixed-use Trump Plaza in Jeddah, will be delivered over the next four to five years as part of the Gulf state’s Vision 2030 transformation agenda.
The Riyadh development sits at the western edge of the capital, while the Jeddah scheme will combine offices, residences and premium amenities to attract both local buyers and overseas capital.
The projects follow previous Trump-branded ventures in the region and signal accelerating commercial ties between the Trump Organization and Saudi partners.
Saudi authorities are also implementing reforms to permit foreign ownership of property in designated zones, a shift expected to further stimulate international participation in the kingdom’s real estate market.
The Trump Organization’s expansion coincides with broader efforts by Riyadh to open its financial and property sectors, drawing global developers and investors to the Middle East’s largest economy and advancing long-term plans to reduce reliance on oil revenues.