The Trump Organization has agreed to a deal with a Qatari government-owned firm to back a golf course and luxury home project in the country, two weeks before President Trump is set to travel to the Middle East on a state visit.
Eric Trump, the president’s son who runs the family business, traveled to Dubai this week to attend a cryptocurrency conference and promote the real estate developments,which include a new Trump-branded tower in the United Arab Emirates.
The project in Qatar is in partnership with Qatari Diar, a real estate company established by the country’s sovereign wealth fund and chaired by a government minister. Eric Trump told The New York Times that the golf course would be “beautiful” and “right on the ocean.”
The two Mideast projects will also involve Dar Global, the international subsidiary of the private Saudi real estate firm Dar Al Arkan, which is leading the project and has close ties to the Saudi government. The Qatar project was first reported by Reuters.
The president will arrive in the region on May 13, and visit Saudi Arabia, Qatar and the Emirates. He said the region was offering “a lot of money” for American companies.
Ismaeel Naar contributed reporting from Dubai.
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