RIYADH, Dec 9 (Reuters) - The Trump Organization, the

company of U.S. President-elect Donald Trump, and Saudi luxury

international real estate developer Dar Global

announced two new Riyadh real estate projects on Monday.

London-listed Dar Global is the international arm of Saudi

Arabia's Dar Al Arkan Real Estate Development Company.

It has previously agreed a number of deals with The Trump

Organization, including plans for Trump towers in Jeddah and

Dubai, and a $4 billion real estate project in Oman.

The pair did not give further details about the two Riyadh

projects, including the value.

Trump fostered close ties with Gulf states during his first

term as president, including Saudi Arabia, which has invested $2

billion in a firm belonging to Jared Kushner, Trump's son-in-law

and former aide, incorporated after Trump left office.

Other close Trump allies also maintained close business ties

in the Gulf since he left office in 2021.

Trump broke with U.S. precedent by not divesting his

businesses or putting them into a blind trust during his first

term in office, instead leaving his adult sons to manage them.

The practice raised conflict of interest concerns, with

Democratic congressional investigators later finding that

business tied to the President received at least $7.8 million in

foreign payments from 20 countries during his four years in the

White House.

Democratic lawmakers in October requested that the U.S.

attorney general appoint a special council to investigate

whether Kushner was an unregistered foreign agent for Saudi

Arabia.

The probe referenced a Reuters report that Kushner had since

leaving government discussed on a number of occasions U.S.-Saudi

diplomacy concerning Israel with Saudi Arabia's de facto ruler,

Crown Prince Mohammed bin Salman.

Trump's son Eric, who is The Trump Organization's Executive

Vice President, is expected to travel to Saudi Arabia this week

for the launch of the Trump Tower Jeddah after speaking at a

bitcoin conference in the United Arab Emirates.