4.6 • 12 Ratings
🗓️ 28 October 2025
⏱️ 5 minutes
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The president has already made hundreds of millions abroad, much of it stemming from a single Middle Eastern nation. His most lucrative foreign deal may be about to begin.
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| 0:00.0 | Here's your Forbes Daily Briefing for Tuesday, October 28th. Today on Forbes, this Gulf Nation is powering Trump's money-making machine. |
| 0:11.7 | On January 11, 2017, nine days before he became president the first time, Donald Trump revealed how he planned to handle his multi-billion-dollar business |
| 0:21.7 | while in the White House. He would not sell his assets, nor would he give them to his heirs, |
| 0:27.4 | nor create a blind trust, nor empower an independent executive. But there was one line he |
| 0:33.1 | promised to never cross. There would be no new foreign business deals. Eight years later, |
| 0:39.7 | the United Arab Emirates, home to the metropolises of Dubai and Abu Dhabi, has become a hub for |
| 0:46.0 | the Trump Organization's international expansion. With first sons Don Jr. and Eric serving as |
| 0:51.9 | emissaries, the president and his family have entered into |
| 0:55.4 | at least nine agreements with ties to the Gulf Nation. Some involving government entities |
| 1:00.4 | in the country, many stemming from business relationships developed there. Together, the |
| 1:05.9 | ventures, which include five licensing agreements and three cryptocurrency deals, will provide an estimated |
| 1:11.6 | $500 million in 2025, and about $50 million annually for years into the future. |
| 1:19.2 | More business is coming. The Trump family has been working on a yet-to-be-announced project in |
| 1:24.3 | Abu Dhabi, which new filings suggest could be in the city's Al-Raha Beach |
| 1:28.9 | neighborhood. Even more intriguing, the president's offspring are plotting novel ways to use |
| 1:34.1 | cryptocurrencies to squeeze more money from their real estate assets. Eric Trump, who runs the |
| 1:40.2 | day-to-day operations of the Trump organization, can't stop praising the country. He told a room |
| 1:45.7 | full of people in Abu Dhabi last year, quote, the UAE is the developer's greatest dream because they |
| 1:51.7 | never say no to anything. In fact, they always tell you to kind of push the limits. And there's no |
| 1:57.1 | place that has grown faster. There's no place that has been more fun to work in than the UAE. |
| 2:02.6 | I mean, if you want to build it, if you can dream it up, they allow you to do it. |
| 2:07.6 | Apparently, that's true, but certainly if your last name is Trump. |
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