General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Family's Newest Partners: Middle Eastern Governments (NY Times)
The government of Oman is a partner in a real estate deal signed last week by the former president, intensifying questions about a potential conflict as he seeks the White House again.
https://www.nytimes.com/2022/11/20/us/politics/trump-organization-oman-deal.html
The deal is with a Saudi real estate company, which intends to build a Trump-branded hotel, villas and a golf course as part of a $4 billion real estate project in Oman. The agreement continues a practice that had been popular for the Trump family business until Mr. Trump was elected president selling branding rights to an overseas project in exchange for a generous licensing fee.
But what makes this project unusual and is sure to intensify the questions over this newest transaction is that by teaming up with the Saudi company, Mr. Trump is also becoming part of a project backed by the government of Oman itself.
But elsewhere, the Trump Organizations foreign deals generally did not directly involve a financial role by a foreign government, or at least any public acknowledgment of direct foreign government financing or a major land contribution, according to an examination of the transactions by The New York Times.
It is one of the first times since Mr. Trump was elected president that he has publicized his role in a new family real estate deal. The Trump family stopped signing new international deals after Mr. Trump was elected. The real estate deal with the Saudi partner in Oman is the first since he left the White House.
marble falls
(57,112 posts)... and if he does, he'd better stay out of the reach of Mr bone Saw.
Jade Fox
(10,030 posts)that this is part of a contingency plan on Trump's part to head for Saudi Arabia, should he decide to make a run for it to avoid prosecution.
It's been noted that his plane is all spiffed up and ready to go.