Trump Organization unveils $1B Trump Plaza in Jeddah
Dar Global announced a second collaboration with the Trump Organization to build the roughly $1 billion Trump Plaza Jeddah, following Trump Tower Jeddah.
What happened
The project includes residences, serviced apartments, office space and townhouses. The specific licensing fee is folded into an aggregate ~$9 million Saudi Arabia licensing figure in Trump's 2025 disclosure rather than broken out per project.
Why it matters
A second major Saudi royal-adjacent developer is expanding its financial relationship with the Trump brand during a term in which Trump has set U.S. policy toward Saudi Arabia, including arms sales and defense commitments.