Riyadh - Mubasher: Saudi real estate developer Dar Global DARD.L plans to launch two Trump-branded projects in Riyadh and Jeddah with a combined value of $10 billion, CEO Ziad El Chaar told Reuters.

Under the joint announcement made in December 2024, Dar Al Arkan teamed up with Dar Global and The Trump Organization to reveal the first of those landmark projects.

Implemented by Diriyah Company,  the Trump International Golf Club is a sprawling 2.6 million square meter site in Wadi Safar.

The exclusive masterplan marks The Trump Organization’s first venture into the Diriyah project and represents an important expansion of its presence in the Kingdom.

Eric Trump, Executive Vice President of The Trump Organization, said: “Trump International Golf Club, Wadi Safar will redefine luxury and excellence in the region, setting a new standard that reflects the brand’s enduring commitment to quality, prestige and timeless elegance.”

Yousef Al Shelash, Chairman of Dar Al Arkan, commented: “This new project represents a vision to deliver a destination that captures the prestige and the legacy of the Trump brand. With Dar Global leading the development, we are confident this will become a flagship destination not just for Saudi Arabia, but for the world.”

Ziad El Chaar, CEO of Dar Global, added: “We have delivered landmark projects across Europe and the GCC in partnership with globally recognized luxury brands. Bringing this experience to the Diriyah project, we will deliver a destination that combines heritage, elegance, and world-class standards.”

Located just outside Riyadh, Wadi Safar in Diriyah is one of the Kingdom’s most significant areas, envisioned as a luxury enclave that complements the broader Diriyah master plan in line with the Vision 2030.