Eric Trump Highlights Saudi Arabia's Unprecedented Real Estate Transformation and Global Brand Attraction
Eric Trump praised Saudi Arabia's rapid real estate growth, citing new investment rules, tech adoption, and global brand attraction.
In an exclusive interview on The Riyal Deal on Al Arabiya English, Eric Trump, Executive Vice President of the Trump Organization, expressed strong admiration for Saudi Arabia's rapid growth, calling it an 'unbelievable' transformation that sets a new global benchmark for mega-projects. Trump noted he had never seen so many construction cranes in any other city, highlighting Riyadh and the Diriyah project as examples of Saudi Arabia’s ambitious vision.
He stated that the transformation over just the past six or seven years is a source of national pride. Trump remains optimistic about the Kingdom's future, citing new regulations that facilitate foreign investment and are expected to bring billions of dollars into the market. He also observed that the improving investment environment is attracting top global brands, eager to capitalize on the vast opportunities in Saudi Arabia’s real estate sector.
Comparing the Saudi market favorably to challenges in other regions like Europe, Trump emphasized the speed of execution and strong demand for high-quality projects. He further discussed the growing role of blockchain and tokenization technologies in reshaping real estate and financial investment, describing blockchain as a 'true revolution' that allows global investors to easily acquire fractional shares in luxury projects with greater speed and transparency.
Trump added that these technologies reduce reliance on traditional banks, lower costs, and open the market to millions of new investors seeking high-quality opportunities. He linked Saudi Arabia’s 'explosive' growth to the adoption of such innovations, predicting that the Kingdom could become a major center for digital assets in real estate and tourism. The interview underscores growing global confidence in Saudi Vision 2030, especially in urban development, tourism, and entertainment.
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