New Luxury Hotel in Serbia Will Be a Trump-Kushner Joint Project
Briefly

The Trump family's ambition to secure a luxury hotel deal in Serbia is nearing realization, illustrating their ongoing international pursuits. The project, which was originally proposed by Donald Trump over a decade ago, is now being driven by Jared Kushner in partnership with Mohamed Alabbar, a notable developer from Abu Dhabi. This agreement involves a prime site in Belgrade, previously the Yugoslav Ministry of Defense, and reflects a shift in focus from potential conflicts of interest to capitalizing on opportunities abroad, furthering Trump's brand across various international venues.
More than a decade after Donald J. Trump first floated the idea of developing a Trump hotel on a government-owned site in Serbia, his family is now close to securing that dream in a complicated deal that also involves a real estate magnate from Abu Dhabi and Jared Kushner, Mr. Trump's son-in-law.
The plan illustrates the continued ambitions of Mr. Trump's family to forge new international deals, even as he has returned to the White House. It also reflects a diminished focus, compared with that of his first term, on avoiding the appearance of a conflict of interest associated with overseas projects.
Read at www.nytimes.com
[
|
]