NEWS
NEWS

Dar Global to launch a $1 billion project in Saudi Arabia in a deal with Trump Organization

Updated

Dar Global, a London-listed luxury real estate developer, said on Monday that it plans to launch a Trump Plaza in the Saudi Red Sea city of Jeddah in the second collaboration with the Trump Organization, following the success of Trump Tower Jeddah

U.S. President Donald Trump.
U.S. President Donald Trump.AP

The announcement by the London-listed Dar Global said the $1 billion landmark development is to rise along King Abdulaziz Road in the heart of the city.

The London-listed company said the project is its second collaboration in Jeddah with The Trump Organization and plans to launch Trump Plaza Jeddah that represents the second Trump-branded development in Saudi Arabia, following the launch of Trump Tower Jeddah in December last year.