Thousands of migrant laborers from Bangladesh, India, and Pakistan are working in extreme heat to build a multibillion-dollar project on the remote site at the edge of the Gulf of Oman. Backed by Oman’s oil-rich government, this project has an unusual partner: former President Donald J. Trump. His name is prominent on signs at the project’s entrance and in the lobby of the InterContinental Hotel in Muscat, where sales agents are using his name to sell luxury villas at prices up to $13 million.
This deal in Oman is unlike any other international deal that Trump and his family have signed. It puts Trump in business with the Omani government, a key ally of the United States in a strategically important and volatile region. The government of Oman is providing the land and investing heavily in the infrastructure of the project. In return, they will receive a share of the profits in the long run.
The deal was facilitated by Dar Al Arkan, a Saudi real estate firm closely tied to the Saudi government. Trump developed a close relationship with Saudi leaders during his time in office, and he has continued to work with Saudi Arabia’s sovereign wealth fund since leaving office. The Trump Organization has already earned at least $5 million from the Oman deal. They will not be investing any money in the development, but will be involved in designing a Trump-branded hotel, golf course, and golf club, and will be paid to manage them for up to 30 years.
While the project has the potential for financial success, it is also drawing scrutiny for its treatment of migrant workers. These workers are living in cramped trailers in desert-like conditions and are being paid very low wages.
Trump’s business ties in the Middle East have faced scrutiny in the past, particularly his interactions with Saudi Arabia. During his presidency, his family business profited from foreign governments, including Saudi Arabia, spending money at his Washington hotel, which raised concerns about conflicts of interest. His involvement in the Oman project while running for president again raises further questions about whether his financial interests could influence foreign policy.
Oman is not the “Hamptons of the Middle East” as Eric Trump, who is overseeing the project, claimed. It is an absolute monarchy with close ties to both Saudi Arabia and Iran. Oman has played a diplomatic role in the region, acting as an interlocutor between the West and Iran. It is also a buyer of weapons from the United States.
After leaving the White House, Trump resumed his search for international partners, and the Oman project came through Dar Al Arkan. The Omani government chose Dar Al Arkan to run the project’s second phase, and they brought in Trump to attract global attention and boost sales.
The details of Trump’s financial arrangement with Dar Al Arkan and the Omani government have not been disclosed. However, in previous international deals, the Trump family received fees for the use of their name, managing the properties, and a percentage of the profits.
Overall, this project in Oman highlights the intersection of Trump’s business and politics. It raises concerns about potential conflicts of interest and the influence of his financial interests on foreign policy. Additionally, the treatment of migrant workers involved in the project raises ethical questions.
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