As President Trump is pushing for a new plan to clear the region, home to an estimated 2 million residents, he has a collection of real life where his family is growing. We advocate for a deeper introduction to the United States. Real estate and business benefits.
There are no parts of the world that are essential to the growth of various Trump family business ventures, such as Saudi Arabia, Qatar, the United Arab Emirates, Israel, and other Trump’s complete portfolio, Jared Kushner, his time, and the Middle East. Includes son-in-law. Let’s take a look at the family’s interest in the area and Trump’s Gaza proposal.
What Trump proposed to Gaza
Trump declared Tuesday that the US should forever replace the entire Palestinians in the seaside enclaves that have taken control of Gaza and destroyed it.
Trump suggested that the Palestinian resettlement was similar to the New York real estate project where he built his career. “If we could find the right land, a lot of land and build a really great place with enough money in the area, that’s certainly true,” he said. “I think that’s much better than going back to Gaza.”
“Everyone I’ve spoken about love the idea that the US owns the land,” Trump added.
Trump’s aide on Wednesday strolled around some of his comments along with White House press secretary Caroline Leavitt, saying, “The president has not committed to putting his boots on the ground in Gaza.” .
Real estate in Oman, Saudi Arabia, Dubai
The Middle East has become the hottest place for the Trump family in terms of new international real estate transactions over the past three years. Most of these are so-called branding deals, collectively winning tens of millions of dollars for families in exchange for the right to use their names to boost sales of luxury condominiums, golf and hotels.
The recent agreement has been signed with a Saudi Arabia-based real estate company, known as Dar Ar-Al-Arkan, and has built high-rise luxury apartments, golf courses and hotels in Oman, Saudi Arabia and Dubai.
“We are delighted to strengthen our continued relationship with the Trump organization,” said Ziad El Chaar, executive at Dar Al Al-Alkan’s subsidiary, who announced one of the deals last year.
With the ownership of the land where the Trump golf course and hotels are being built, the most remote Omani project involves the Omani government itself.
The resort’s destination is still at least three years off, but the Trump organization has already rakes at least $7.5 million from deals in Oman, financial reports over the past two years show. Eric Trump and Donald Trump Jr. visited Oman this summer to check on the progress of the project and visited the site with Yousef Al Shelash, chairman of Dar Al Al-Alkan.
Dar al-Alkan itself has close ties with the Saudi royal family. The government has been an important partner as real estate company owners have built their business.
The Trump family also remained interested in investigating potential deals in Israel by October 7, 2023, attacking attacks and carrying out projects there, The Times previously reported. Trump’s son Eric Trump said he intends to wait until the war is over before he can move forward.
Even before this recent burst of new Middle Eastern deals, Trump’s family already had a front post base in the area. Dubai’s Trump International Golf Club opened in 2017 shortly after Trump began his first term at the White House.
The Dubai club’s partner is Damac Properties, run by Hussein Sajwani, a billionaire real estate executive who Trump boasted in December.
Partnership with Liv Golf
The Trump family is also a key partner at Liv Golf, a professional golf league for startups funded by Saudi Arabia’s Sovereign Wealth Fund. In April, for the fourth year in a row, the league is scheduled to host one of the tournaments at Trump National Doral near Miami.
Liv Golf pays the Trump family to host the tournament. This will lead thousands of customers to restaurant and hotel rooms during the weekend event scheduled for April this year. Trump and his family own more than 12 golf courses around the world, all of which benefit from the media attention brought by Saudi-backed tournaments.
Trump has long been sought to attract these types of tournaments to golf courses, but at least one major event was held after a mob of his supporters attacked the Capitol on January 6, 2021. has been cancelled.
Jared Kushner’s Investment
The president’s son-in-law, Kushner runs a private equity company called Affinity Partner, which raised $4.5 billion from sovereign wealth funds, primarily in Saudi Arabia, Qatar and the United Arab Emirates. The relationship he formed as an advisor to Trump during his first term.
Kushner, who said he had no intention of returning to the White House, has invested in the auto lease division of at least two Israeli-based companies, Phoenix Holdings, insurance company and Schlomo Holdings.
Kushner’s business partner of Shlomo Holdings is also the owner of some of Israel’s only domestic seafarers. It has taken him to business with an executive who is also a major shareholder of Israeli military contractors whose ships are used in the war in Gaza, armed with American-made weapons.
Last year, it was Kushner who first came to mind the idea of viewing Gaza as a potential real estate development site. “Gaza waterfront property can be invaluable,” Kushner said last year at an event sponsored by Harvard’s Kennedy School of Government, where Israel “pushes people out and cleans them.” That suggested.