In November 2022, Reuters reported that The Trump Organization has partnered with Saudi developer Dar Al Arkan, to license the Trump Brand to a $4 billion project in Oman that includes a golf course, hotel and villas. Named AIDA, the mixed-use project will be developed over 10 years on an area of 3.5 million square meters located on a 100-meter-high hilltop in Muscat, according to Business Traveller. The Oman Daily Observer reports that AIDA is nestled within the masterplan of Yiti Integrated Tourism Development.

In March, Dar Global (the international real estate arm of Dar Al Arkan), announced that it has officially launched sales of AIDA, which it reports is a joint venture with Omran Group, the Sultanate’s executive arm for tourism development. The New York Times reports that “[t]he Omani government is providing the land for the development, is investing heavily in the infrastructure to support it and will get a cut of the profits in the long run.” The Times also reports that “Trump Organization will not put up any money for the development, but will help design a Trump-branded hotel, golf course and golf club and will be paid to manage them for up to 30 years, among other revenue.”

According to Salon, Eric Trump, the former U.S. president’s son, has described the new affluent community as being “the Hamptons of the Middle East.”

Last Updated on June 22, 2023 by Ramin Seddiq