Dar Global to launch $1 billion Trump project in Saudi Arabia's Jeddah

ReutersSep 29, 2025 8:42 AM

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DUBAI, Sept 29 (Reuters) - Saudi real estate developer Dar Global DARD.L plans to build a $1 billion Trump Plaza project in Saudi's Jeddah as U.S. President Donald Trump's family business expands in the Gulf.

The project, branded Trump Plaza Jeddah, will include premium residences, serviced apartments as well as office space and exclusive townhouses, Dar Global's statement said.

It will be the second Trump-branded development in Saudi Arabia after the launch of Trump Tower Jeddah last year.

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