Dar Global and The Trump Organization have announced plans to develop a new project in Jeddah, Saudi Arabia.
The new agreement builds on the tremendous success of The Trump International Oman project within the AIDA development. Furthermore, being one of the largest premium mixed-use real estate projects globally, the project has already received remarkable acclaim.
Moreover, targeting the luxury Saudi Arabian market and international investors, the development significantly advances Dar Global’s growth strategy, which involves capitalizing on opportunities across key cities in the kingdom. Furthermore, as the international arm of Saudi mega-developer Dar Al Arkan, the project marks Dar Global’s debut in Jeddah.
Ziad El Chaar, CEO of Dar Global, said: “We are delighted to strengthen our ongoing relationship with The Trump Organization. Ee plan to expand our portfolio by delivering premium properties to redefine Saudi Arabia’s high-growth real estate market.”
He added: “The new agreement in Saudi Arabia will leverage the strengths of both organizations to attract more international investors and vacationers. This collaboration underscores our commitment to grow our footprint by elevating the standards of luxury living in the region.”
Eric Trump, executive VP of The Trump Organization, said: “We are thrilled to expand our footprint in the Middle East. We aim to bring the Trump standard of luxury to the region through our long-standing relationship with Dar Global.”
