'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says
"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," Sajwani said of the planned investment.
Trump announces $20B investment from Middle East billionaire to build US data centers
Tech companies have been racing o to set up data centers essential for powering generative artificial intelligence applications such as OpenAI’s ChatGPT and Google Gemini, which require
Emirati billionaire to invest $20 bln in US data centers, Trump says
Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at Trump's home in Palm Beach,
Dubai’s Damac to invest $20B in U.S. data centers
P resident-elect Donald Trump announced that Dubai-based real estate firm Damac plans to invest $20 billion into building data centers in the US. The announcement was made at Trum
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
Dubai developer DAMAC Properties will invest at least $20 billion "over a very short period of time" in the U.S., primarily in data centers in the middle of the country, President-elect Donald Trump announced Tuesday, as the company's billionaire founder and CEO, Hussain Sajwani, stood nearby.
Who Is the Developer Behind Trump’s $20 Billion Data Center Pledge?
Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the ...
Who is DAMAC? The company investing $20B in Midwest, Sun Belt data centers
President-elect Donald Trump on Tuesday announced that a company from the UAE will invest $20 billion to build data centers ...
Trade Arabia47m
Mantra, Damac enter $1bn tokenised real-world assets deal
Mantra, a purpose-built layer 1 blockchain for tokenised real-world assets (RWAs) has signed a $1 billion agreement with Damac Group, a prominent investment conglomerate with a diversified portfolio ...
Dubai developer DAMAC signs $1 bln deal with blockchain platform MANTRA
MANTRA, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer DAMAC Group to ...