Saudi Arabia: Trump Plaza and a Riyadh collaboration
- Status
- Announced
- Type
- Licensing and development · Jan 1, 2026
- Counterparty
- A Saudi developer close to the ruling family, and a company owned by the Public Investment Fund chaired by Crown Prince Mohammed bin Salman
- Amount
- The Trump Organization’s fees for these projects are not given in the cited reports; Dar Global’s chief executive told Reuters the Jeddah and Riyadh projects together are valued at about $10 billion (Middle East Eye)
- People
- Donald Trump · Eric Trump
WHO PAID, WHO GOT WHAT
A Red Sea resort branded Trump Plaza, then a January 2026 collaboration for mansions, a hotel and a golf course outside Riyadh with a sovereign-wealth-fund company.
WHAT THE RECORD SHOWS
Month-precision date for the Riyadh announcement.
RESPONSE
Asked about Trump Plaza and its other foreign projects, the Trump Organization told AP it had done no deals with governments so far, noting that the Saudi company was private. Asked whether the Riyadh project broke its pledge not to strike deals with foreign governments, it said it does not “conduct business with any government entity” but did not address that project specifically.
Correction. An earlier version quoted the Trump Organization as saying it does not “conduct business with any government entity” and did not address the project. Asked by the Associated Press about Trump Plaza and its other foreign projects, the company said it had done no deals with governments so far, and noted that the Saudi company involved is private. Corrected September 18, 2026. Note added September 23, 2026.
SOURCES
A connection recorded here is not proof that it bought the outcome. Where a response exists, it is part of the record. How entries are labeled · Submit a correction or response · Download the ledger
