The Gulf region is dependent on a strong US and the whole region wants security so local economies can flourish, the US president’s son, Eric Trump, said in an interview with Reuters yesterday.
In Dubai as an executive of the president’s family business, the Trump Organisation, which launched a new tower in the city in partnership with a luxury real estate developer there, Eric Trump was commenting on the reception of President Donald Trump’s policies in the region.
“Dubai like the entire world thrives on a healthy, safe world, and that’s what President Trump wants,” he said.
Asked how a tariff war set off by the US administration affected the Gulf region, he said the UAE were less exposed to tariffs because of its service-oriented, capital-intensive economy. “They can largely avoid that and I think that’s good for so much of the Gulf.”
The 80-story tower in Dubai, the Gulf’s tourism hub boasting the world’s tallest building and palm-shaped islands, that will host a luxury hotel, premium residential apartments, and two penthouse residences, is being developed by the Trump Organisation in partnership with Dubai-based developer Dar Global.
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