In brief
Ahead of President Trump’s Middle East trip, Eric Trump is promoting real estate ventures in Qatar and Dubai, including a luxury golf course and a tower project in partnership with local firms.
The Trump Organization has solidified a partnership with a government-owned Qatari firm to develop a luxury golf course and residential property in Qatar, coinciding with President Trump’s planned state visit to the Middle East. Eric Trump, son of the president and head of the family business, is currently in Dubai for a cryptocurrency conference and to advance the organization’s real estate ventures, which also feature a new Trump-branded skyscraper in the UAE.Eric Trump expressed excitement about the golf course, stating that it will be “beautiful” and located “right on the ocean.” This initiative in Qatar will be in collaboration with Qatari Diar, a real estate entity tied to the nation’s sovereign wealth fund and led by a key government figure. These developments also include involvement from Dar Global, an international subsidiary of a prominent Saudi real estate company, closely connected to the Saudi government.The president is set to arrive in the region on May 13 and will visit Saudi Arabia, Qatar, and the UAE. During statements, he highlighted the significant financial opportunities being extended to American businesses in the region.
