The Trump Organization and Saudi luxury developer Dar Global announced plans for two new real estate projects in Riyadh on December 9, Reuters reported.

The development marks the latest collaboration between the company of US President-elect Donald Trump and Dar Global, the London-listed international arm of Saudi Arabia's Dar Al Arkan Real Estate Development Company.

While specific details and valuations for the Riyadh projects were not disclosed, the announcement builds upon existing partnerships between the two firms.

The companies are already collaborating on several significant developments in the region, including Trump-branded towers in Jeddah and Dubai, as well as a $4bn real estate project in Oman.

Eric Trump, Executive Vice President of The Trump Organization, is expected to visit Saudi Arabia this week for the launch of Trump Tower Jeddah, following his appearance at a Bitcoin conference in the United Arab Emirates.

The Trump Organization maintained its business operations during Trump's presidency, managed by his adult sons. It diverged from the traditional practice of US presidents divesting their business interests or placing them in blind trusts.

In July, The Trump Organization announced a partnership with Dar Global, the international arm of Saudi real estate developer Dar Al Arkan, to build a high-rise luxury tower in Dubai. The development includes branded residential units and a Trump hotel. It will capitalise on strong demand for luxury branded real estate in the Gulf.

Earlier in July, The Trump Organization said that, in another collaboration with Dar Global, it would construct a Trump Tower in Jeddah, Saudi Arabia.

"We are excited to expand our presence in the Middle East," Eric Trump, the second son of Donald Trump, and executive vice president of The Trump Organization, said in a statement.

In 2022, Trump’s company partnered with Dar Al Arkan to create a luxury resort and golf complex in Oman’s capital Muscat (an aside: South Korea’s president is said to be practising his golf swing ahead of a hoped-for encounter with Trump).

The AIDA project includes a Trump-branded hotel, villas, and an 18-hole golf course overlooking the Gulf of Oman. The Omani government, heavily invested in the infrastructure, provided land for the project. Concerns over labour practices were subsequently raised, with migrant workers reportedly facing challenging conditions and low pay.​