Just days after announcing presidential candidacy, Trump helms real estate deal with Saudi company

The former Trump International Hotel in Washington, D.C.
(Image credit: George Rose/Getty Images)

Saudi Arabian real estate developer Dar Al Arkan announced Sunday that it had signed a deal with the Trump Organization to use the company's brand for a $4 billion project in Oman, The New York Times reported.

The deal — details of which were made public in a regulatory filing on the Saudi Exchange — was helmed primarily by former President Donald Trump himself, according to the Times. The deal will reportedly finance Trump-branded real estate projects throughout Oman, including "residential villas, a hotel, and a golf course."

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Justin Klawans, The Week US

 Justin Klawans has worked as a staff writer at The Week since 2022. He began his career covering local news before joining Newsweek as a breaking news reporter, where he wrote about politics, national and global affairs, business, crime, sports, film, television and other Hollywood news. Justin has also freelanced for outlets including Collider and United Press International.