UAE company to invest $20B in U.S. AI data centers
A United Arab Emirates investment firm has pledged $20 billion to build new data centers targeting AI across a number of locations across the United States.
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 Middle East a decade ago.
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.
Dubai-based developer of Surfside collapse site plans $20B US data centers investment
Now, Sajwani, who has had close ties with Trump and his family over the years, seemingly has plans to supercharge the firm’s U.S. investment. Sajwani, who is in his early 70s, was at Mar-a-Lago Club in Palm Beach when Trump made the announcement of Damac’s data centers bet.
Who is Hussain Sajwani, the developer behind Trump's $20 billion data center pledge?
Hussain Sajwani, CEO of DAMAC Properties, confirmed a significant $20 billion investment in the U.S. during a recent Mar-a-Lago event with President-elect Donald Trump. This move underscores the continued business ties between Trump and Sajwani,
What we know about Trump, Ohio and a Dubai billionaire’s incoming data centers
Ohio will be getting new major data center infrastructure in a $20 billion foreign investment announced by President-elect Donald Trump. Trump announced the investment Wednesday with United Arab Emrites billionaire Hussain Sajwani,
Damac to Lean on Banks for $20 Billion US Data Center Plan, Sajwani Says
Real estate billionaire Hussain Sajwani, the head of Damac Group, talks about the firm's plan to invest at least $20 billion to build new US data centers from Arizona to Ohio. The deal was announced yesterday by Sajwani and President-elect Donald Trump at a news conference in Mar-a-Lago,
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Damac to tokenise $1bn in real estate
Damac Group, the Dubai property company, has partnered with the Hong Kong-based blockchain platform Mantra to tokenise assets ...
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Damac’s $1 billion blockchain bet to tokenize your real estate dreams
UAE’s Damac Properties and blockchain firm Mantra announced a $1 billion partnership to tokenize real estate. What does this ...
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Tycoon’s wild plan for US data centers ignores grid reality
President-elect Donald Trump's breezy rollout this week of a Dubai real estate developer's $20 billion pledge shows the chasm ...
'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," ...
A Flurry of Announcements Signal That the Trump Family Will Keep Making Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government ...
Behind Trump's deal with Dubai's DAMAC Properties
President-elect Donald Trump announced a deal with Dubai developer DAMAC Properties for an investment of at least $20 billion ...
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MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMAC
The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, ...
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Emirati billionaire and Trump ally sees more Gulf investments into US under new president
Emirati billionaire Hussain Sajwani said on Friday he expects more investments from the oil-rich Gulf into the U.S. as ...