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Dar Global PLC - London-based luxury real estate developer - Starts sales of residences in Trump Tower Jeddah in Saudi Arabia, as part of the group’s decade-long partnership with Trump Organisation, US President-elect Donald Trump’s real estate business. Once completed, the 47-floor residential building will be one of the city’s tallest residential towers and is valued at SAR2 billion, about $533.3 million. It is the third collaboration between Dar Global and Trump, joining projects in Oman and Dubai. Chief Executive Officer Ziad El Chaar says: ‘Our ongoing collaboration with the Trump Organisation not only redefines luxury living but also strengthens Jeddah’s position as a world-class urban hub.’ Current stock price: $9.00, up 40% in London on Wednesday morning 12-month change: up from $3.62 Copyright 2024 Alliance News Ltd. All Rights Reserved.
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