As President Trump pushes a new plan to take control of Gaza and clarify an area that hosts about two million inhabitants, he claims to bring the United States much deeper into an area where his family has a growing collection of real real estate and real estate Business interests.
There is no part of the world as critical for the development of various Trump family businesses such as the Middle East, such as Saudi Arabia, Qatar, the United Arab Emirates and Israel, when the full portfolio of Trump as well as Jared Kushner’s Included groom. Here is a look at the family’s interests in the area and Mr Trump’s proposal for Gaza.
What did Trump for Gaza propose
Mr Trump said on Tuesday that the United States should take advantage of gaza control and permanently displace the entire Palestinian population of the devastating seaside pocket.
Mr Trump suggested that the re -installing of the Palestinians would be similar to the New York real estate works that created his career. “If we could find the right piece of land or many pieces of land and build them some real nice places with a lot of money in the area, that’s for sure,” he said. “I think it would be much better than returning to Gaza.”
“I have all talked to love the idea of the United States that possess this piece of land,” Trump added, “developing and creating thousands of jobs with something that will be great.”
Mr Trump’s assistants on Wednesday returned some of his comments, with White House Press Secretary Karoline Leavitt, saying that “the president is not committed to putting boots on the ground in Gaza”.
Real estate in Oman, Saudi Arabia and Dubai
The Middle East has been turning into the hottest point for the Trump family for the new international real estate agreements for the last three years. Most of them are the so -called brand agreements, which collectively earn the family tens of millions of dollars in exchange for the right to use the name to help boost luxury sales, golf or hotels.
Recent agreements have been signed with a real estate company based in Saudi Arabia called Dar Al Arkan for the construction of luxury apartments, golf stadiums or hotels in Oman, Saudi Arabia and Dubai.
“We are pleased to reinforce our ongoing relationship with Trump,” said Ziad El Chaar, executive with Dar Al Arkan’s subsidiary last year, announcing one of the agreements.
The project in Oman, which is the farthest, includes Oman’s government, as it holds the land where the Trump Golf and the hotel are built.
Although the opening of the resort destination is still at least three years away, Trump has already sank into at least $ 7.5 million from Oman’s deal, financial reports from the last two years have been showing. Eric Trump and Donald Trump visited Oman this summer to control the progress of the project, visiting the site with Yousef Al Shelash, Dar Al Arkan President.
Dar Al Arkan himself has close ties with the royal family of Saudi Arabia. The government has been an important partner for property owners as they have created their business.
The Trump family also examined a possible deal in Israel before October 7, 2023, attacking and is still interested in doing a project there, the times mentioned before. Mr Trump’s son, Eric Trump, said he intends to wait until the war was over before proceeding.
Even before this recent explosion of the new Middle Eastern bids, the Trump family already had a guard in the area. The Trump International Golf Club, Dubai, opened in 2017, shortly after his first Mrs Trump in the White House.
The partner in this Dubai Club is Damac Properties, run by Hussain Sajwani, billionaire executive, who, Mr Trump, is planning to invest billions of dollars in the United States for the construction of data centers.
A collaboration with LIV Golf
The Trump family was also a key partner of LIV Golf, the Upstart Professional Golf League funded by the Saudi Arabian wealth fund. In April, for the fourth consecutive year, the championship is ready to hold one of his Trump National Doral tournaments near Miami.
LIV Golf pays the Trump family to host the tournament, which also leads thousands of customers to the hotel’s restaurants and rooms during the weekend, scheduled for April this year. Mr Trump and his family hold more than twelve golf stadiums worldwide, which benefit from the attention of the media brought by the Saudi Arabia tournament.
Mr Trump has long tried to attract these types of tournaments to his golf courses, but had at least one major event canceled after a mob of his supporters attacked the Capitol on January 6, 2021.
Jared Kushner’s investment
The President’s groom, Mr. Kushner, manages a private shares company called Affinity Partners, which has raised $ 4.5 billion, mainly from the dominant funds of rich in oil of Saudi Arabia, Qatar and United Nations. Arab Emirates. Relationships built as a consultant to Mr Trump during his first term.
Mr Kushner, who said he does not plan to return to the White House, has also invested in at least two Israel -based companies: Phoenix Holdings, an insurance company and the SHLOMO Holdings car lease.
Mr Kushner’s business partner in Shlomo Holdings is also partial owner of the only builder of Israel’s warships. This puts him in collaboration with executives who are also important shareholders in an Israeli military contractor whose vessels have been used in the Gaza war armed with US weapons.
It was Mr Kushner who first first put the idea to look at Gaza as a possible real estate development area. “Gaza’s real estate could be valuable,” Mr Kushner said last year during an event funded by Harvard’s Kennedy Government School, suggesting that Israel “move people out and then clean it” .
