Dar Global, Trump eye Saudi megaprojects
Gulf economies saw major moves this week, from new Trump-linked real estate ventures to multibillion-dollar logistics, energy, and consumer investments.
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The Gulf dominated business news in the Middle East this week. Dubai-headquartered Dar Global is exploring more real estate projects under the Trump family brand while US asset manager Blackstone and Abu Dhabi’s Lunate are setting up a $5 billion logistics platform in the region. Kuwait opened a new bidding round for a major solar project and an Emirati sovereign wealth fund scooped up a stake in the ice cream market.
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