On Monday, Saudi luxury international real estate developer Dar Global and U.S. President-elect Donald Trump’s company, The Trump Organization, unveiled two new real estate projects in Riyadh.

Listed in London The international division of the Dar Al Arkan Real Estate Development Company in Saudi Arabia is called Dar Global. It has already reached a series of agreements with The Trump Organization, including a $4 billion real estate project in Oman and plans for Trump skyscrapers in Jeddah and Dubai.

The pair did not disclose the value and other specifics of the two Riyadh projects.

During his first time as president, Trump developed strong relationships with Gulf states, such as Saudi Arabia, which has invested $2 billion in a company owned by Jared Kushner, Trump’s son-in-law and former assistant, which was formed after Trump stepped down.

Since he left office in 2021, other close Trump supporters have also had close commercial relationships in the Gulf.

During his first term in office, Trump defied U.S. history by leaving his adult sons to run his businesses rather of selling them off or placing them in a blind trust.

After speaking at a bitcoin conference in the United Arab Emirates, Trump’s son Eric, the Executive Vice President of The Trump Organization, is scheduled to visit Saudi Arabia this week for the opening of the Trump Tower Jeddah.