PR98904

RIYADH, Saudi Arabia, Nov. 20, 2022 /PRNewswire=KYODO JBN/ --

- Video: https://youtu.be/xDB-TbRwBww

Dar Al Arkan, the leading real estate company in Saudi Arabia, and The Trump

Organization signed an agreement in New York to develop a signature Trump

Resort, including residential villas, a hotel, and a golf course in the AIDA

project. Located in Muscat, the 100-meter-high hilltop development is one of

the largest premium mixed-use real estate projects in the world, situated by

the sea.

Yousef Al Shelash, Chairman, Dar Al Arkan, said: "The Trump Organization is

known for its exclusive developments. Superior quality, detail, and perfection

are the standards that Trump demands across its projects – from residential to

retail. We are always looking to enhance Dar Al Arkan's unique projects with

premium facilities and experiences, and our partnership with Trump will

distinguish our first venture in Oman and put it on the global map."

Eric Trump, Executive Vice President, The Trump Organization, said: "When we

were looking at our next project and where we wanted to expand our footprint,

we knew it had to be in an outstanding location and with an amazing team. At

AIDA, in the heart of Muscat, Oman situated directly overlooking the incredible

sea, we have truly found that. Together with Dar Al Arkan, we are going to

deliver an exceptional Trump Golf resort with the finest residential villas, a

world-class hotel, and an iconic golf course, all in one of the most beautiful

settings."

Ziad El Chaar, CEO, Dar Al Arkan Global, said: "AIDA sits on a high peak

overlooking one of the most breath-taking horizons in the world. Imagine the

beautiful setting of a villa in these majestic surroundings or playing a game

of golf overlooking the sea – it is truly unrivalled. We are confident the

relationship with Trump will further enhance the beauty of AIDA and attract

investors from around the world looking to be part of an exceptional project."

AIDA, to be built on 3.5 million square meters and valued at $4billion, will be

developed over ten years with the support of OMRAN Group, the Sultanate of

Oman's executive arm for tourism development.

Designed by a renowned golf professional, the golf course in the Trump property

will feature state-of-the-art facilities, and an expansive golf club, setting a

new benchmark for the sport in the Middle East.

Contact:  Atrayee Roy Choudhury, Atrayee.Choudhury@bcw-global.com, +971 44507600

Photo - https://mma.prnewswire.com/media/1951740/Dar_Al_Arkan_1.jpg

Photo - https://mma.prnewswire.com/media/1951741/Dar_Al_Arkan_2.jpg

Source: Dar Al Arkan