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Eric Lipton Profile picture
@EricLiptonNYT
Jun 20, 2023 • 12 tweets • 6 min read • Read on X
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THREAD: As a NYT reporter, I've been investigating Trump family international deals since 2016. India, Indonesia, Philippines, Turkey, Panama. I have never seen anything like the Oman deal, re the potential for a conflict of interest. Let's take a look nytimes.com/2023/06/20/us/…
Trump has sold his name to real estate developers in spots around the globe. But in Oman, a partner in this giant deal is the government of Oman itself. Here is Eric Trump in Oman in Feb. 2023, meeting with Oman government officials, as his dad is running for re-election ImageImage
And it is not just Eric Trump. Donald J. Trump, just as he was kicking off his re-election bid, went to Trump Tower in NYC as this deal was being signed. Image
Here is a video of that event from Nov. 2022. Clearly, the sponsors of the deal, a Saudi-real-estate company named Dar Global, wanted Trump in person for this event.
I went to Oman in late May. Beautiful country. Super friendly people. But was amazed at how big the Trump brand is as part of this deal. His name is key part of sales effort at showroom and at the project site. ImageImageImage
The government of Oman owns the land where the project is being built. This is the site. The developer, Dar al Arkan, is a Saudi real-estate company with close ties to the Saudi royal family. ImageImage
Oman is enormously important player in the Middle East. Close ties with Saudi Arabia & Iran. US has sold F-16s/other military equipment. It is now involved in negotiations between US & Iran. Image adding a multi-billion real-estate deal to that mix as a president decides policy.
I met many of the migrant workers at the site during a visit to the remote location. It was 103 degrees. They were working 10-hour shifts. Hundreds of them lived in cramped trailers right at the work site. They are from India, Bangladesh and Pakistan. Image
A presidential candidate in the U.S. is part of a multi-billion-dollar project in the Middle East with Sultan of Oman that will have hundreds of migrant, low-wage workers in harsh working conditions??? That was just one of many issues I identified. Image
During my reporting I found a financial filing that detailed the 30-year deal with the Trump family--DT Marks Oman LLC (as in Donald Trump)--and that the government of Oman will share in the profits. Here is a piece of it. Opening payment to Trump: more than $5 million ImageImage
It was great to work with Dubai-based photographer @andreadicenzo. And thanks for NYT readers for supporting this work. Please read and share the story. nytimes.com/2023/06/20/us/…
The scene in Yiti, the one-time fishing village at the entrance to the megalopolis Trump Org is helping build in Oman. This town is dying--as luxury townhouses/golf course rises. More goats/donkeys in town than people. Workers taken over some houses. See TRUMP sign in background. ImageImageImage

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More from @EricLiptonNYT

Eric Lipton Profile picture
Oct 20
Musk is simultaneously in fights with the FAA, DOJ, FCC, FTC, Interior, EEOC, NLRB, EPA, etc. Now Musk has nudged Trump to put him in charge of an effort to curb government rules. Why is Musk working so hard to get Trump elected? A look at this conflict nytimes.com/2024/10/20/us/…
The NYT looked across the federal government to identify all the areas where Elon Musk is fighting with federal regulators. Let's look at a few of them. We can start with the S.E.C. Image
Musk has been accused by the S.E.C. of violations of federal securities laws in connection with his 2022 purchases of Twitter. But biggest fight recently has been Musk refusal to testify at S.E.C. hearing. Musk keeps blowing off the S.E.C.... Image
Read 14 tweets
Eric Lipton Profile picture
Jul 7
THREAD: Working on a major investigative piece for The NYT means a load of material is left on the cutting room floor, especially in this era of most people reading on their cellphones--and an imperative that our stories be as short as possible. Let's resurface some stuff....

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As SpaceX took control of Boca Chica area where it has built Starbase (rocket manufacturing factory) and the launch pad, it has become effectively the biggest landlord/employer and almost a mini government. This includes limiting access as seen above to certain roads. Image
SpaceX was so determined to move fast to build housing for its employees, I witnessed where its contractors simply dumped tons of building materials on a neighbor's yard. Called it an "oversight" when I asked about it. The landowner is going to sue. Image
Read 12 tweets
Eric Lipton Profile picture
Apr 10
THREAD: A deeper look at Jared Kushner, and investments he has made with his Saudi-backed $3 billion fund. Let's walk through a few of them. First, here is the story we published giving an overview. Story with @jonathanvswan @maggieNYT nytimes.com/2024/04/09/us/…
The story looks at how Kushner’s firm has so far made 10 “growth” investments in companies that are generally past the startup phase, but looking to increase revenues/profits. He has placed $1.2 billion so far, in chunks of $100 million to $500 million. He is slated to get 20 percent of any profits earned on these investments. And already is receiving about $40 million a year in management fees.Image
His firm’s money largely comes from sovereign wealth funds of Saudi, UAE and Qatar and also a smaller amount from Terry Gou, founder of Taiwan-based Foxconn. 99 percent of the money comes from overseas. @jonathanvswan @katekelly @maggieNYT @MarkMazzettiNYT nytimes.com/2023/03/30/us/…
Read 12 tweets
Eric Lipton Profile picture
Apr 4
NEW: Trump's Doral resort in Miami this weekend will host another LIV Golf tournament--meaning the Saudi-backed league is again paying the Trump family, as Donald J. Trump runs for president. NYT takes a deep look at how Trump golf has surged, with Saudi help. with @maggieNYT @jonathanvswannytimes.com/2024/04/04/us/…
The barrage of recent court filings and tax appeals in the world of Donald Trump has given us an extraordinary window into the details of Trump company operations--if you dig deep enough into the docket. I did that. Here is some of what I found, to back up this story...Come along for the rideImage
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The appraisal documents on Doral--there are two of them on file in NYS courts--show that the Doral is under performing because of Trump as a resort hotel, and if he sold it, OCCUPANCY and average daily rates paid by customers would surge. Link to full doc here: static01.nyt.com/newsgraphics/d…Image
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Read 8 tweets
Eric Lipton Profile picture
May 22, 2023
THREAD: A technological revolution is underway in warfighting. It is a very big deal. The leading edge of this shift is on display now in Ukraine-even as 20th century weapons are handling the bulk of the fight. Who wins/who loses future wars at stake nytimes.com/2023/05/21/us/…
The Pentagon, in our story from today, is struggling to figure out how to rapidly acquire these new warfighting & surveillance tools. It's stuck with a 1950s era contracting system-built around giant prime contractors that generally don't innovate as fast as Silicon Valley types Image
What Ukraine has shown--and folks at Pentagon are watching this very closely--is that all this new tech can make a big difference. Like commercial SAR satellites with rapid repeat rates that can see in darkness and through clouds. Image
Read 10 tweets
Eric Lipton Profile picture
May 6, 2023
I travel a fair amt as a NYT reporter, walking into other people's lives. This stop really hit me. Meeting families who live across highway from giant petrochemical plants--breathing in toxic fumes discharged during mishaps. Made me think of my own kids. nytimes.com/2023/05/05/us/…
The United States has made significant progress over the last three decades cleaning up air pollution, mostly as a result of coal-burning power plants going offline, or scrubbing their emissions. It still has work to do on cancer-causing toxic chemical emissions.
Here is the story as it appears in print today, starting on A1 with tremendous photos by @MeridithKohut. And a super helpful graphic by @MonicaHersher Image
Read 9 tweets

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