The Trump family has clinched a deal with a Saudi company to build a luxury golf resort and condo complex in Oman as former President Donald Trump launches his third campaign for the presidency.
A Trump Organization spokesman confirmed a deal has been inked for the Trump brand to join the $1.6 billion development, called Aida, the New York Times reported.
The multi-purpose development is planned to sprawl over hilltops more than 300 feet above the Gulf state’s capital, Muscat, and overlook the Gulf of Oman. It is set to feature 3,500 residential units, two hotels, a plaza with cafes and restaurants, and luxury retail and wellness centers.
The Trump name is set to adorn a golf resort as part of the complex, and possibly one of the hotels, a Trump family spokesman told the Times.
The project is still being designed and is expected to be built over the next decade, the Times reported.
The news marks a return to international deals that had been put on the backburner during Trump’s presidency and since he left office amid mounting legal troubles, the Times reported.
Financial terms of the deal have not been disclosed. But the developer is Saudi-based real estate company Dar Al Arkan, which is held by a conglomerate whose CEO Trump worked with on another golf project in Dubai, the Times reported.
“It is an honor to work with Dar Al Arkan, who share our vision for superior quality and excellence,” the Trump Organization stated. “This will be a truly magnificent project that integrates luxury living and world-class hospitality at the highest levels.”
Trump was close with Saudi Arabia while in office. His administration made a $350 billion deal to sell the kingdom weapons, and he drew criticism for seeming to brush aside reports that Saudi agents had killed and dismembered Washington Post columnist Jamal Khashoggi.
The kingdom’s new professional golf organization, LIV Golf, held an event at Trump’s Doral Golf Club in October. Golfers have taken heat for signing huge contracts with LIV Golf despite Saudi human rights abuses.
During the event, Trump reportedly told the Times, “We have human rights issues in this country, too.”
