We can use initially our own financial resources, but then [in the] second phase we can use [a] third party’s money,” Sajwani ...

The landmark investment will largely focus on large-scale development projects in the Middle East, particularly in the UAE ...

US President-Elect Donald Trump announced on Tuesday that UAE-based DAMAC Properties has made a US$20 billion investment to build data centers across America. Trump made the declaration at a press ...

Emirati billionaire Hussain Sajwani's planned $20 billion investment in US data centres deepens ties he established with president-elect Donald Trump nearly a decade ago, and marks a return to one of ...

The BlackChamber Group is getting more than $1.2 billion so it could develop four data center campuses in Northern Virginia.

Of the five projects (out of its advertised 15) Damac has started, all are running substantially behind their projected completion schedules. Damac's problem projects are: The Waves — was due ...

Damac will continue to assess and look for opportunities in the US real estate and data centres' fields, the company's founder said. “What we announced in Miami early this month was an initial ...

The company is part of Damac Group, a major presence in Dubai's burgeoning real estate market that is known for its megaprojects, which include luxury high-rises, hotels and villas in both Europe ...