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Old October 6th, 2005, 05:56 PM   #1
Tom in Chicago
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Trump Dubai

Trump moving into Mideast with new tower

October 6, 2005

BY JIM KRANE

DUBAI, United Arab Emirates -- Real estate and gambling kingpin Donald Trump is joining forces with top Emirates developer Nakheel LLC to build a tulip-shaped hotel on a man-made island shaped like a palm tree.

The deal announced Wednesday brings together two of the world's flashiest developers, and marks Trump's first foray into the Middle East.

The Trump organization is not required to invest any money, but is providing its brand to projects that could be entirely financed and built by Nakheel, officials said.

"We're tapping into his knowledge and ability in the high-end sector," Nakheel Chairman Sultan Ahmed Bin Sulayem said of Trump.

Nakheel plans to break ground next year on the luxury hotel, The Palm Trump International Hotel and Tower, which will be built on the Palm Jumeirah, one of three palm-shaped islands that Nakheel is building off Dubai's coast.

An architect's rendering of the hotel showed a cylinder-shaped building surrounded by four gold-sheathed petals resembling a flowering tulip.

A second project, The Trump Plaza and Marina Residences, will also be built on the Palm Jumeira, Nakheel announced.

AP
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Old October 6th, 2005, 06:01 PM   #2
malec
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There's already a thread about this. Check the palm jumeirah thread in the construction updates forum.
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Old October 13th, 2005, 10:20 AM   #3
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Come to Cape Town Mr. Trump!!
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