Trump Tower Dubai launches with UAE developer Dar Global

Dar Global and the Trump Organization launched Trump International Hotel & Tower, Dubai, the fifth Trump-branded collaboration between the two in under two years.

What happened

An enabling-works construction contract tied to the project was valued at roughly $545 million, though that covers site works rather than the Trump Organization's undisclosed licensing fee. The tower is slated for completion in December 2031.

Why it matters

A Saudi-listed developer active across Gulf states that host U.S. military assets and negotiate with Washington keeps signing new Trump-licensed towers, compounding the family's foreign financial ties while Trump sets Gulf policy.

Source

PR Newswire / Trump Organization