{"id":42920,"date":"2025-02-06T21:39:06","date_gmt":"2025-02-07T02:39:06","guid":{"rendered":"https:\/\/newssprinters.com\/index.php\/world\/what-to-know-about-the-trump-familys-deals-in-the-middle-east\/06\/02\/2025\/"},"modified":"2025-02-06T21:39:06","modified_gmt":"2025-02-07T02:39:06","slug":"what-to-know-about-the-trump-familys-deals-in-the-middle-east","status":"publish","type":"post","link":"https:\/\/newssprinters.com\/index.php\/world\/what-to-know-about-the-trump-familys-deals-in-the-middle-east\/06\/02\/2025\/","title":{"rendered":"What to Know About the Trump Family\u2019s Deals in the Middle East"},"content":{"rendered":"<p>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">As President Trump pushes a new plan to take control of Gaza and clear out an area that is <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/02\/06\/world\/middleeast\/israel-military-gaza-palestinians-leave.html\" title=\"\" target=\"_blank\" rel=\"noopener nofollow\">home to an estimated two million residents,<\/a> he is advocating bringing the United States much more deeply into a region where his family has a growing collection of real-estate and business interests.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">There is no part of the world as crucial to the growth of various Trump family business ventures as the Middle East, including Saudi Arabia, Qatar, United Arab Emirates and Israel, when the full portfolio of Mr. Trump as well as Jared Kushner, his son-in-law, are included. Here is a look at the family\u2019s interests in the region and Mr. Trump\u2019s proposal for Gaza.<\/p>\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-202a35e5\">What Trump proposed for Gaza<\/h2>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Trump declared on Tuesday that the United States should seize control of Gaza and permanently displace the entire Palestinian population of the devastated seaside enclave.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Trump suggested the resettlement of Palestinians would be akin to the New York real estate projects he built his career on. \u201cIf we could find the right piece of land, or numerous pieces of land, and build them some really nice places with plenty of money in the area, that\u2019s for sure,\u201d he said. \u201cI think that would be a lot better than going back to Gaza.\u201d<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cEverybody I\u2019ve spoken to loves the idea of the United States owning that piece of land,\u201d Mr. Trump added, \u201cdeveloping and creating thousands of jobs with something that will be magnificent.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Trump\u2019s aides on Wednesday <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/live\/2025\/02\/05\/world\/israel-gaza-netanyahu-trump\/here-is-the-latest?smid=url-share\" title=\"\" target=\"_blank\" rel=\"noopener nofollow\">walked back some of his comments<\/a>, with the White House press secretary, Karoline Leavitt, saying that \u201cthe president has not committed to putting boots on the ground in Gaza.\u201d<\/p>\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-4aaa786c\">Real estate in Oman, Saudi Arabia and Dubai<\/h2>\n<p class=\"css-at9mc1 evys1bk0\">The Middle East has in the past three years turned into the hottest spot for the Trump family in terms of new international real-estate deals. Most of these are so-called branding deals, which collectively earn the family tens of millions of dollars in fees in exchange for the right to use the name to help boost luxury condo, golf or hotel sales.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Recent agreements have been signed with a Saudi-based real estate company called <a class=\"css-yywogo\" href=\"https:\/\/www.daralarkan.com\/\" title=\"\" rel=\"noopener\" target=\"_blank\">Dar Al Arkan<\/a> to build high-rise luxury apartments, golf courses or hotels in <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2023\/06\/20\/us\/politics\/trump-real-estate-deal-oman.html\" title=\"\" target=\"_blank\" rel=\"noopener nofollow\">Oman<\/a>, <a class=\"css-yywogo\" href=\"https:\/\/darglobal.co.uk\/trump-tower-jeddah\" title=\"\" rel=\"noopener\" target=\"_blank\">Saudi Arabia<\/a> and <a class=\"css-yywogo\" href=\"https:\/\/www.trump.com\/media\/dar-global-announces-third-collaboration-with-trump-organization-to-launch-iconic-trump-tower-dubai-in-2025\" title=\"\" rel=\"noopener\" target=\"_blank\">Dubai<\/a>.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cWe are delighted to strengthen our ongoing relationship with the Trump Organization,\u201d Ziad El Chaar, an executive with Dar Al Arkan\u2019s subsidiary, said last year, in announcing one <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/07\/01\/us\/politics\/trump-organization-saudi-arabia-tower.html\" title=\"\" target=\"_blank\" rel=\"noopener nofollow\">of the deals<\/a>.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-2\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">The project in Oman, which is the farthest along, involves the government of Oman itself, as it owns the land where the Trump golf course and hotel are being built.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Although the opening of the resort destination is still at least <a class=\"css-yywogo\" href=\"https:\/\/darglobal.co.uk\/press\/Dar-Global-sets-a-new-benchmark-in-luxury-hospitality-with-the-launch-of-the-500ml-Trump-International-Oman-in-AIDA\" title=\"\" rel=\"noopener\" target=\"_blank\">three years off<\/a>, the Trump Organization has already raked in at least $7.5 million from the Oman deal, financial reports from the <a class=\"css-yywogo\" href=\"https:\/\/int.nyt.com\/data\/documenttools\/2023-4-trump-financial-disclosure\/6acf31d6716dfdb6\/full.pdf#page=6\" title=\"\" rel=\"noopener\" target=\"_blank\">past two<\/a> years <a class=\"css-yywogo\" href=\"https:\/\/static01.nyt.com\/newsgraphics\/documenttools\/0a5c19fa284801c8\/2a2a7cf0-full.pdf#page=5\" title=\"\" rel=\"noopener\" target=\"_blank\">show<\/a>. Eric Trump and Donald Trump Jr. <a class=\"css-yywogo\" href=\"https:\/\/www.youtube.com\/watch?v=qjL5EuIlQCc\" title=\"\" rel=\"noopener\" target=\"_blank\">visited Oman<\/a> this summer to check the project\u2019s progress, visiting the site with Yousef Al Shelash, the chairman of Dar Al Arkan.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-3\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Dar Al Arkan itself has <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2023\/06\/20\/us\/politics\/trump-real-estate-deal-oman.html\" title=\"\" target=\"_blank\" rel=\"noopener nofollow\">close ties<\/a> with the Saudi royal family; the government there has been an important partner for the real estate company\u2019s owners as they have built up their business.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The Trump family also examined a potential deal in Israel before the Oct. 7, 2023, attacks and remains interested in doing a project there, <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/10\/09\/us\/politics\/trump-organization-israel-hotels.html\" title=\"\" target=\"_blank\" rel=\"noopener nofollow\">The Times previously reported<\/a>. Mr. Trump\u2019s son Eric Trump has said he intends to wait until the war ends before moving ahead.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-4\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Even before this recent burst of new Middle East deals, the Trump family already had an outpost in the region. Trump International Golf Club, Dubai, opened in 2017, shortly after Mr. Trump started his first term in the White House.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The partner in this Dubai club is DAMAC Properties, run by <a class=\"css-yywogo\" href=\"http:\/\/www.hussainsajwani.com\/en\/\" title=\"\" rel=\"noopener\" target=\"_blank\">Hussain Sajwani<\/a>, a billionaire real-estate executive who, Mr. Trump boasted in December, plans to invest billions of dollars in the United States to build data centers.<\/p>\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-24922a8f\">A partnership with LIV Golf<\/h2>\n<p class=\"css-at9mc1 evys1bk0\">The Trump family also has been a <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/04\/04\/us\/politics\/trump-golf-saudi-arabia.html\" title=\"\" target=\"_blank\" rel=\"noopener nofollow\">key partner to LIV Golf,<\/a> the upstart professional golf league financed by Saudi Arabia\u2019s sovereign wealth fund. In April, <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/01\/07\/us\/politics\/liv-golf-tournament-trump-doral-resort.html\" title=\"\" target=\"_blank\" rel=\"noopener nofollow\">for the fourth year in a row<\/a>, the league is slated to hold one of its tournaments at the Trump National Doral near Miami.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">LIV Golf pays the Trump family to host the tournament, which also drives thousands of customers to its restaurants and hotel rooms during the weekend event, scheduled for April of this year. Mr. Trump and his family own more than a dozen golf courses worldwide, all of which benefit from the media attention that the Saudi-backed tournament brings.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Trump has long sought to attract these kinds of tournaments to his golf courses, but had at least one major event canceled after a mob of his supporters attacked the Capitol on Jan. 6, 2021.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-5\">\n<div class=\"css-53u6y8\">\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-74976119\">Jared Kushner\u2019s investments<\/h2>\n<p class=\"css-at9mc1 evys1bk0\">The president\u2019s son-in-law, Mr. Kushner, runs a private equity firm called Affinity Partners that has raised $4.5 billion, <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/04\/09\/us\/politics\/jared-kushner-affinity-partners.html\" title=\"\" target=\"_blank\" rel=\"noopener nofollow\">mostly from sovereign wealth funds<\/a> of the oil-rich nations of Saudi Arabia, Qatar and the United Arab Emirates, based on relationships he built as an adviser to Mr. Trump during his first term.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Kushner, who has said he does not plan to return to the White House, also has invested in at least two Israel-based businesses: Phoenix Holdings, an insurance\u2004company, and the car leasing division of Shlomo Holdings.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Kushner\u2019s business partner at Shlomo Holdings is also a partial owner of Israel\u2019s only domestic builder of warships. That puts him in business with executives who are also major shareholders in an Israeli military contractor whose vessels <a class=\"css-yywogo\" href=\"https:\/\/videoidf.azureedge.net\/38e0e6da-8a51-4417-b249-194f412928fb\" title=\"\" rel=\"noopener\" target=\"_blank\">have been used<\/a> in the <a class=\"css-yywogo\" href=\"https:\/\/www.israeldefense.co.il\/en\/node\/61170\" title=\"\" rel=\"noopener\" target=\"_blank\">war in Gaza<\/a>, armed with American-made weapons.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">It was Mr. Kushner who last year first floated the idea of considering Gaza as a potential real-estate development site. \u201cGaza\u2019s waterfront property could be very valuable,\u201d Mr. Kushner said last year during an <a class=\"css-yywogo\" href=\"https:\/\/www.google.com\/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=&amp;cad=rja&amp;uact=8&amp;ved=2ahUKEwjS0cKSsK2LAxVqMlkFHewABLYQtwJ6BAgJEAI&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DdtaIHr5S0ts&amp;usg=AOvVaw1izGGYHU59o-1mi9K37mND&amp;opi=89978449\" title=\"\" rel=\"noopener\" target=\"_blank\">event sponsored by Harvard\u2019<\/a>s Kennedy School of Government, suggesting that Israel \u201cmove the people out and then clean it up.\u201d<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><a href=\"https:\/\/www.nytimes.com\/2025\/02\/05\/us\/politics\/trump-gaza-middle-east.html\" target=\"_blank\" rel=\"noopener nofollow\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As President Trump pushes a new plan to take control of Gaza and clear out an area that is home to an<br \/><button class=\"read-more\"><a href=\"https:\/\/newssprinters.com\/index.php\/world\/what-to-know-about-the-trump-familys-deals-in-the-middle-east\/06\/02\/2025\/\">Read More &rsaquo;<\/a><\/button><\/p>\n","protected":false},"author":1,"featured_media":42923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"fifu_video_url":"https:\/\/www.youtube.com\/watch?v=qjL5EuIlQCc","_links":{"self":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/42920"}],"collection":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/comments?post=42920"}],"version-history":[{"count":0,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/42920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media\/42923"}],"wp:attachment":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media?parent=42920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/categories?post=42920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/tags?post=42920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}