The family business · Second term · № 43

Family business

Trump reports licensing income from Oman resort being built with state tourism company

Date
, Trump's annual financial disclosure, as analyzed by CNBC
Subject
Oman
Benefit
Real estate and licensing
Government
Oman Freedom House: Not Free (2025)
Beneficiary
Donald Trump (Trump Organization)
Amount
nearly $1 million
Topic
Ethics & conflicts
Era
Second term

What happened

Trump's financial disclosure covering 2025 reported nearly $1 million in licensing income tied to Aida, a development near Muscat being built through a joint venture between Dar Global and Omran Group, the Omani government's tourism development arm, according to a CNBC analysis published on August 10, 2026. The Trump Organization first signed the Oman licensing deal in 2022, and AFP described the project as sitting on Omani state-owned land. Newsweek reported in July 2025 that Trump International Oman, a $500 million resort with a 140-room hotel and golf course, was expected to open by December 2028, and that Oman was acting as a mediator between the United States and Iran on nuclear talks. CNBC noted that the Trump Organization's ethics policy bars only direct agreements with foreign governments and said it found no evidence that any licensing payment influenced an administration decision. The Trump Organization told CNBC it operates "completely separate from the presidency"; the Omani government and Omran Group did not respond to CNBC's questions.

Sources

  1. Trump's foreign licensing business booms to $59.5 million as Gulf developers pay CNBC, Aug 10, 2026
  2. Satellite Images Show New Trump Resort Emerge Newsweek, Jul 18, 2025
  3. As Trump family's Gulf empire grows, rulers seek influence, arms, tech AFP via Malay Mail, May 11, 2025
  4. Luxury skyscrapers, golf courses and cryptocurrency: Trump's rapidly expanding Middle East business CNN, May 13, 2025
  5. Inside Trump's Decades-Long Relationship With The United Arab Emirates Forbes (via Internet Archive), Oct 27, 2025
  6. Oman: Freedom in the World 2025 Country Report Freedom House, 2025