It's unclear if Trump will eschew foreign business deals as he promised in 2016.President-elect Donald Trump takes the stage before he speaks at the FOX Nation Patriot Awards, Dec. 5, 2024, in Greenvale, N.Y.prepares to return to the White House, his namesake company is expanding its global footprint.
The approach follows a lucrative business strategy the Trumps have embraced for decades -- making money byto projects rather than constructing or manufacturing them themselves. The recently announced projects are a significant expansion for the Trump Organization in Saudi Arabia, where they currently operate a golf course with a second one under development.
In this Dec. 20, 2016 photo, a flag flies on a green lined with villas at the Trump International Golf Club, in Dubai, United Arab Emirates.Saudi Arabia's sovereign wealth fund has also invested billions with the private equity firm of Trump's son-in-law Jared Kushner.