The Trump Group has agreed to a take care of a Qatari government-owned agency to again a golf course and luxurious house challenge within the nation, two weeks earlier than President Trump is about 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 challenge 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 Occasions that the golf course can be “lovely” and “proper on the ocean.”
The 2 Mideast initiatives will even contain Dar World, the worldwide subsidiary of the personal Saudi actual property agency Dar Al Arkan, which is main the challenge and has shut ties to the Saudi authorities. The Qatar challenge 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 mentioned the area was providing “some huge cash” for American firms.
Ismaeel Naar contributed reporting from Dubai.
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