JOURNAL ARTICLE

Trump Firm Plans Tokenized Maldives Resort With Saudi Partner.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Fattah, Zainab 3 of 3

Abstract

The article focuses on the Trump Organization's plans to develop a $300 million luxury resort in the Maldives in partnership with Saudi Arabian developer Dar Global Plc, which will feature 80 ultra-luxury beach and overwater villas. This project will also introduce the world's first tokenized hotel development, allowing investors to purchase digital shares of the project through blockchain technology. Dar Global will retain 30% to 40% ownership of the project, which is set to open by the end of 2028 and is located 25 minutes by speedboat from the capital, Malé. The collaboration adds to the Trump Organization's existing developments in the Gulf region, including projects in Dubai, Saudi Arabia, Oman, and Qatar. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/11, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2025
  • Accession Number:189394577
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.