分类： business

The Trump Organization has significantly expanded its partnership with Saudi Arabian real estate developers through two major projects valued collectively at approximately $10 billion. This expansion represents one of the family business’s most substantial international ventures during Donald Trump’s political career.

Dar Global, a subsidiary of the Saudi development giant Dar al-Arkan with close government ties, officially launched Trump Plaza Jeddah on Monday. The $1 billion project will feature luxury apartments, premium office spaces, exclusive townhouses, and a private park. According to company statements, the development aims to create a ‘carefully curated urban ecosystem’ targeting global residents seeking premium living and working spaces in Jeddah.

Simultaneously, the Trump Organization and Dar al-Arkan revealed plans for a separate massive golf resort spanning 2.6 million square meters in Diriyah, located outside Riyadh. This historic area, recognized as a UNESCO World Heritage Site and the ancestral home of the Saudi royal family, is undergoing a comprehensive $63 billion transformation into a luxury destination.

Eric Trump, representing the family business, emphasized the organization’s ‘commitment to world-class quality and iconic design’ through these ventures. He specifically noted the Trump family’s ‘confidence in Jeddah as a dynamic, globally relevant city.’

These developments coincide with Saudi Arabia’s broader economic strategy to attract foreign investment across multiple sectors, including real estate. In January, the kingdom announced policy changes allowing non-Saudis to purchase property in major cities like Riyadh and Jeddah, signaling a significant shift in its approach to foreign ownership.

The Trump Organization operates internationally primarily through licensing agreements, where foreign developers pay substantial fees for the right to use the Trump brand. According to financial reports, Dar Global’s licensing arrangement generated $21.9 million for the Trump family business last year alone.

These business dealings have drawn scrutiny due to their timing amid Donald Trump’s political activities. While the former president has denied personally benefiting from his family’s international ventures, critics have raised concerns about potential conflicts of interest given his political connections to Gulf governments.

The Saudi partnership represents the Trump Organization’s most significant overseas collaboration, with additional projects underway in Oman (a golf course and luxury hotel), Qatar (Trump International Golf Club and villas), and the UAE (an 80-story Trump hotel featuring ‘the highest outdoor pool in the world’).

Chinese multinational home appliances corporation Haier has secured its position as the world’s retail sales leader for major appliances throughout 2025, according to the latest data released by Euromonitor International. This remarkable achievement marks the seventeenth consecutive year that the Qingdao-based enterprise has maintained global market supremacy in the appliance sector.

Haier’s international expansion strategy, initiated in 1991 with targeted entry into European markets, reached a significant milestone in 2016 when the company achieved operational break-even across its global network. The manufacturer has since developed an extensive worldwide infrastructure comprising 10 major R&D centers, 71 research institutes, 35 industrial parks, and 163 manufacturing facilities strategically positioned across international markets.

The corporation’s global footprint now encompasses sales and service operations in over 200 countries and territories, serving an estimated one billion households worldwide. This expansive network supports Haier’s continuous innovation and market adaptation capabilities, contributing significantly to its sustained market leadership despite intensifying global competition and evolving consumer preferences in the home appliances industry.

DUBAI – At the recent 1 Billion Followers Summit in Dubai, influencer marketing platform Social Cash positioned itself as a solution to industry-wide challenges including fake engagement and unmeasurable ROI. The three-day global gathering united prominent content creators, digital entrepreneurs, and marketing professionals to explore the evolving landscape of digital influence.

The event featured appearances from internationally recognized personalities including MrBeast, Simon Squibb, and Mufti Menk, highlighting the expansive scope of the creator economy. Social Cash utilized its exhibition space at Booth No. 46 to demonstrate its platform’s capabilities to brands and creators seeking more effective collaboration methods.

This participation comes at a critical juncture for the influencer marketing sector. Brands are increasingly reevaluating their strategies due to widespread concerns about authenticity and return on investment. Social Cash addresses these issues by enabling brands to strategically select creators based on specific criteria including audience demographics, language preferences, and geographical location – particularly valuable in diverse markets like the UAE.

The platform has already facilitated more than 200 campaigns across retail, FMCG, electronics, and consumer services sectors, generating over 150 million verified views. By integrating creator selection, content approval processes, and performance analytics within a unified system, Social Cash provides brands with significant time savings while enhancing campaign control.

“Our focus is simple — helping brands work with the right creators and get results they can actually measure,” stated a company spokesperson.

The platform equally benefits content creators through its community of over 15,000 members. Unlike systems that prioritize follower counts, Social Cash matches creators with brand opportunities based on content quality and authentic engagement metrics. Recent application updates have introduced performance-based reward features that recognize high-performing creators and increase their visibility to potential brand partners.

As summit discussions centered on the future of digital influence monetization, Social Cash’s approach reflects a broader industry transformation toward trust-based metrics and sustainable value creation in influencer marketing.

Financial markets are grappling with unprecedented concerns over the Federal Reserve’s independence following revelations of a Justice Department investigation targeting Chair Jerome Powell. The escalating confrontation has triggered significant market reactions and raised fundamental questions about the integrity of U.S. monetary policy institutions.

In a remarkable Sunday statement, Powell disclosed the existence of a criminal probe targeting him personally over building renovation matters—a move he characterized as a ‘pretext’ for political manipulation of interest rate policy. This development represents the most direct challenge to central bank autonomy in modern history, occurring against the backdrop of President Trump’s persistent criticism of the Fed’s cautious approach to rate reductions.

The immediate market response has been telling: the U.S. dollar experienced its sharpest daily decline in three weeks, gold prices surged to record highs, equity futures retreated, and long-term Treasury yields climbed significantly. These movements reflect investor apprehension about the potential erosion of institutional safeguards that have long underpinned global confidence in American financial leadership.

International observers are expressing grave concerns. Jens Suedekum, chief adviser to Germany’s Finance Minister, warned that ‘the United States itself will suffer the greatest disadvantages’ from this institutional undermining. The situation exemplifies the Trump administration’s broader pattern of challenging established institutions, from the judiciary to the military, now extending to the cornerstone of financial stability.

Market strategists note concerning implications. Karl Schamotta of Corpay cautioned that aggressive legal threats against Fed officials could ‘drive inflation expectations higher, erode the dollar’s safe-haven role, and trigger a sharp rise in long-term bond yields’—effectively increasing borrowing costs across the American economy.

While Powell’s term concludes in May, with Trump already promising a rate-dove successor, this confrontation establishes a critical precedent for future Fed leadership. ANZ’s chief economist Richard Yetsenga observes that ‘the technocratic Fed, as we have understood it over the past few decades, is fading from view,’ suggesting fundamental changes to monetary policy operations.

Despite the drama, some analysts maintain perspective. Goldman Sachs’ Jan Hatzius expressed confidence that Powell would continue making data-driven decisions throughout his remaining tenure, though acknowledging the probe adds to independence concerns. The episode nevertheless signals to global investors that traditional assumptions about U.S. institutional stability may require reevaluation.