Riyadh, Saudi Arabia – The chief executive of a leading Saudi investment firm announced that a partnership with the Trump Organization on a high‑profile real‑estate venture is imminent. “It’s only a question of when, not if,” the executive said, emphasizing the strong alignment between the two parties’ strategic goals.
The Trump Organization’s primary foreign collaborator, which has previously managed large‑scale projects in the Middle East, is also indicating that new deals with Saudi entities are on the horizon. According to insiders, the partnership is exploring luxury hotel, residential, and mixed‑use developments that could reshape the Kingdom’s tourism and investment landscape.
Analysts suggest the proposed project could involve:
If realized, the venture is expected to generate thousands of jobs and attract billions of dollars in foreign direct investment, supporting Saudi Vision 2030’s objective of diversifying the economy beyond oil.
Both parties are reportedly finalizing the memorandum of understanding (MoU) and will soon enter detailed negotiations on land acquisition, financing, and regulatory approvals. Industry watchers anticipate a formal announcement within the next few months.
Note: The Trump Organization has not yet released an official statement confirming the specifics of the deal, but sources close to the negotiations affirm that discussions are progressing rapidly.