Documented ProjectsGulf Real Estate Deal Map
| Project | Country | Partner | Scale |
|---|---|---|---|
| Diriyah development | Saudi Arabia | Saudi government-owned developer | Part of $63B project |
| Trump Tower Jeddah | Saudi Arabia | Dar Global (PIF-linked) | $10B+ portfolio |
| Two Riyadh projects | Saudi Arabia | Various | Announced Dec 2024 |
| Golf Club & Villas | Qatar | Qatari Diar (state fund) | Undisclosed |
| 80-storey hotel | UAE | UAE developer | Undisclosed |
| Golf complex | Vietnam | Hung Yen developer | $1.5B |
The Saudi ConnectionSovereign Wealth Fund Involvement
The Trump Organization and Saudi developer Dar Global unveiled $10 billion in projects. Dar Global's purchase of rights to the Trump name generated $21.9 million for the Trump family business. Asked whether one Saudi project — involving a company owned by the country's sovereign wealth fund — violated the organization's pledge not to strike deals with foreign governments, the Trump Organization said it does not "conduct business with any government entity" without addressing the specific project.
In January 2026, the Trump Organization announced its third deal involving Saudi Arabia in less than a year — a "collaboration" with a company owned by the country's sovereign wealth fund chaired by Crown Prince Mohammed bin Salman. Constitutional scholars have argued this arrangement is precisely the type of foreign government benefit the Emoluments Clause was designed to prohibit.