The Trump Group has agreed to a cope with a Qatari government-owned agency to again a golf course and luxurious dwelling venture within the nation, two weeks earlier than President Trump is ready to journey to the Center East on a state go to.
Eric Trump, the president’s son who runs the household enterprise, traveled to Dubai this week to attend a cryptocurrency convention and promote the true property developments,which embrace a brand new Trump-branded tower within the United Arab Emirates.
The venture in Qatar is in partnership with Qatari Diar, an actual property firm established by the nation’s sovereign wealth fund and chaired by a authorities minister. Eric Trump advised The New York Instances that the golf course could be “stunning” and “proper on the ocean.”
The 2 Mideast tasks may even contain Dar International, the worldwide subsidiary of the personal Saudi actual property agency Dar Al Arkan, which is main the venture and has shut ties to the Saudi authorities. The Qatar venture was first reported by Reuters.
The president will arrive within the area on Could 13, and go to Saudi Arabia, Qatar and the Emirates. He stated the area was providing “some huge cash” for American firms.
Ismaeel Naar contributed reporting from Dubai.
