Real Estate

Trump Organization Signs Deal for Saudi Residential Tower

The city skyline in Jeddah, Saudi Arabia.

Photographer: Tasneem Alsultan/Bloomberg

The Trump Organization announced plans for a luxury residential tower under its brand in Jeddah, Saudi Arabia, expanding its relationship with a local real estate developer.

Dar Global and Trump said in a statement that the deal would build on a $200 million Trump-branded project in Oman announced in March. The companies didn’t disclose financial details of the Jeddah deal.