A multi-billion dollar deal between the Saudi Arabian Dar Al Arkan and the Trump Organization to team up to build a multi-billion-dollar resort in Muscat, Oman.
Dar Al Arkan, Trump Organization Enters Multi-Billion Dollar Deal
The Saudi real estate firm and Trump's company will build off the former-US president's ultra-glamorous Trump Resort, which cost about $4 billion to build in the Middle East, reported Alarabiya.
A 100-meter-high hilltop site near the sea is intended to accommodate one of the largest mixed-use construction projects ever built, based on a company statement released on Sunday.
The AIDA venture, a collaborative project with the Oman Tourism Development Company (OMRAN Group), would see the development of a hotel, golf course, and residential villas near Muscat. Once the development starts next year, its completion will be over a decade, noted PR Newswire.
The company's executive vice president, Eric Trump, said in a statement that the following project needed to be sufficiently large and in a great location with reliable partners. Trump's son described AIDA, located in Muscat, Oman, which lies over the panoramic ocean. It lies at the center of the development in Oman that overlooks the sea with the partnership of Saudi Arabian Dar Al Arkan and the Trump Organization.
Dar Al Arkan explained the aim is to create an exceptional Trump Golf Resort with the finest residential villas, a first-rate hotel, and an iconic golf course, all set in one of the most breathtaking settings. In short, everything anyone would want in a prestigious development and multi-billion-dollar resort.
Multi-Billion Dollar Resort in the Middle East
Homes are being constructed in a manner that combines them flawlessly with the cliffs, completely respecting and conserving the location's topography and unique environmental elements. The company is known for its reputable, top-notch developments with superior quality, attention to detail, and precision that Trump necessitates in all of its endeavors.
Chairman Yousef al-Shelash says it applies to most projects Trump works on anywhere. The partnership with Trump might set apart the first project in Oman and put it on the world map. They continuously try to improve Dar Al Arkan's different projects, such as its facilities and interactions.
One of the brand-new Trump property that would be situated on a hill with expansive sea views and a world-class golf course created by a renowned golfer, citing Zawya.
A perfectly planned golf course will include state-of-the-art golf infrastructure, an expanded golf club, as well as an array of accommodations, inevitably creating a new luxury precedent for golf in the region.
Dar Al Arkan Global's CEO Zaid el-Chaar states that AIDA is built on a high peak that allows anyone to view one of the most incredible horizons anywhere in the world. See the grand setting of a villa in such an amazing, breathtaking location. Or for the dedicated golfer playing the game in a location that overlooks the sea.
The venture between Saudi Arabian Dar Al Arkan and the well-known Trump Organization is a Multi-Billion Dollar Resort. It represents the finest in luxury and amenities and is designed to be world-class.