A Middle Eastern city long known for its ultra-luxury homes will have a brand new tower to add to its glittering skyline.

Follow the latest on Trump's Gulf tripWhen Donald Trump visited Dubai in 2014, the focus was on his partnership to build a golf course and an estate of luxury villas. Any announcement that the property tycoon was planning what was then considered an audacious bid for the White House was not on the itinerary.

Trump International Hotel & Tower Dubai, a new project by the Trump Organization, is poised to become a luxury landmark in Dubai. The skyscraper, standing at 1,150 feet, will feature a five-star hotel,

A deal for a state-backed Emirati firm to use a Trump-affiliated digital coin was announced in a panel that included the president’s son and his business partner, who promised, “This is only the beginning.

The Trump Organization has hit headlines again with a futuristic real-estate project. Trump Tower Dubai, currently under construction, will allow individuals to buy its high-end properties using cryptocurrencies such as Bitcoin.

The Trump Organization is launching a Dubai tower that will include penthouses priced at $20 million while preparing for a new property project in Qatar just weeks ahead of the US president’s visit to the Gulf.

Newsweek has reached out to the Russian Foreign Ministry for comment.