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Trump-Hydra partnership a possibility

Abu Dhabi-based Hydra Properties is in talks with the US-based Trump Organisation to explore real estate development and business opportunities in Abu Dhabi.

Abu Dhabi-based Hydra Properties is in talks with the US-based Trump Organisation to explore real estate development and business opportunities in Abu Dhabi.

The announcement was made during a recent Trump Organisation visit to Abu Dhabi.

"It is quite a thrill to be here in Abu Dhabi and see all the developments in full swing," said Ivanka Trump, vice president, real estate development and acquisitions, Trump Organisation.

"We are witnessing outstanding progress that is taking off at full speed like no other place in the world, and entering the active real estate scenario in this emirate is definitely something that we are looking into."

Trump also said that a partnership with Hydra Properties was an attractive option for the Trump Organisation.

"As a major player in the real estate market in Abu Dhabi, it is also part of our business strategy to venture into partnerships with leading global developers," Trump said.

Last week, Trump Organisation chief Donald Trump met with Hydra chief, Sulaiman Al Fahim.

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