While President Trump encourages a new plan to take control of Gaza and to clean up an area that was once the home of an estimated two million inhabitants, he argues for bringing the United States much deeper in a region where his family one Growing collection really has -tate and business interests.
There is no part of the world so crucial for the growth of various Trump family companies such as the Midden -Oost, including Saudi -Arabia, Qatar, United Arab Emirates and Israel, then the full portfolio of Mr. Trump as well as Jared Kushner, his son -in -law are included. Here is a look at the interests of the family in the region and the proposal of Mr Trump for Gaza.
What Trump suggested for Gaza
Mr. Trump stated on Tuesday that the United States should take control of Gaza and move the entire Palestinian population of the destroyed enclave by the sea permanently.
Mr. Trump suggested that the resettlement of Palestinians would be related to the real estate projects in New York on which he built his career. “If we could find the right piece of land, or countless pieces of land, and they could build some really nice places with a lot of money in the area, that's for sure,” he said. “I think that would be much better than going back to Gaza.”
“Everyone I have spoken of likes the idea that the United States possess that piece of land,” Mr Trump added, “developing and creating thousands of jobs with something that will be beautiful.”
Mr. Trump's assistants ran some of his comments on Wednesday, with the Pers Secretary of the White House, Karoline Leavitt, and said that “the president did not promise to put boots on the ground in Gaza.”
Real Estate in Oman, Saudi -Arabia and Dubai
The Middle East has changed in the most popular place for the Trump family in terms of new international real estate deals in the last three years. Most of these are so -called brand offers, which together earn tens of millions of dollars in reimbursements in exchange for the right to use the name to stimulate the luxury apartment, golf or hotel sales.
Recent agreements have been signed with a real estate company named in Saudi Al Arkan to build high-rise luxury apartments, golf courses or hotels in Oman, Saudi Arabia and Dubai.
“We are delighted to strengthen our constant relationship with the Trump organization,” said Ziad El Chan, a director of the subsidiary of Dar Al Arkan, last year, when announcing one of the deals.
The project in Oman, which is the furthest, concerns the government of Oman itself, because it is the owner of the country where the Trump golf course and the hotel are being built.
Although the opening of the resort destination is still free for at least three years, the Trump organization has already achieved at least $ 7.5 million from the Oman -deal, show financial reports from the past two years. Eric Trump and Donald Trump Jr. Did Oman visited this summer to check the progress of the project and visit the site with Yousef Al Shelash, the chairman of Dar Al Arkan.
Dar Al Arkan itself has close ties with the Saudi royal family; The government there has been an important partner for the owners of the real estate company because they have built their business.
The Trump family also investigated a potential deal in Israel before 7 October 2023, attacks and remains interested in doing a project there, the Times reported earlier. The son of Mr. Trump, Eric Trump, has said that he plans to wait until the war ends before he continues.
Even before this recent eruption of new middle -east -deals, the Trump family already had an outpost in the region. Trump International Golf Club, Dubai, opened in 2017, shortly after Mr Trump started his first term in the White House.
The partner in this Dubai club is Damac Properties, run by Hussain Sajwani, a billionaire real estate who, Mr Trump in December, plans to invest billions of dollars in the United States to build data centers.
A partnership with Liv Golf
The Trump family has also been an important partner of Liv Golf, the Upstart Professional Golf League funded by Saudi -Aarabia's sovereine Wealth Fund. In April, for the fourth year in a row, the competition is planned to hold one of his tournaments in the Trump National Doral near Miami.
Liv Golf pays the Trump family to organize the tournament, which also drives thousands of customers to the restaurants and hotel rooms during the weekend event, planned for April this year. Mr. Trump and his family have more than a dozen golf courses worldwide, all of whom benefit from the media attention that the tournament supported by Saudi entails.
Mr. Trump has long tried to attract these kinds of tournaments to his golf courses, but had canceled at least one big event after a crowd of his supporters had attacked the Capitol on January 6, 2021.
The investments of Jared Kushner
The son-in-law of the president, Mr. Kushner, runs a private equity company called Affinity Partners that has collected $ 4.5 billion, usually from sovereign wealth funds of the oil-rich nations of Saudi Arabia, Qatar and the United Arabic Emirates, based on Based relationships he built during his first term as a consultant for Mr. Trump.
Mr Kushner, who said that he is not going to return to the White House, also invested in at least two companies established in Israel: Phoenix Holdings, an insurance company and the car dendelt of Shlomo Holdings.
Mr Kushner's business partner at Shlomo Holdings is also a partial owner of Israël's only domestic builder of warships. This brings him to business with managers who are also large shareholders in an Israeli military contractor whose ships were used in the war in Gaza, armed with American weapons.
It was Mr. Kushner, who drove the idea for the first time last year to consider Gaza as a potential development site of real estate. “Gazas on the water on the water can be very valuable,” said Mr. Kushner last year sponsored during an event sponsored by the Kennedy School of Government of Harvard, which suggests that Israel “moves people outside and then clean up.”