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 in the U.S., primarily in the Midwest and Sun Belt.
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.
Trump Announces $20 Billion Investment With Dubai's DAMAC Properties For Data Centers In The US
Dubai's DAMAC Properties will invest at least $20 billion in U.S. data centers, President-elect Donald Trump announced Tuesday at Mar-a-Lago, alongside CEO Hussain Sajwani. The investment will focus on facilities across Texas,
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
Damac’s Edgnex Data Centres unveils $20bn mega investment in the US
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'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.
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
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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 ...
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 ...
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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 ...
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 ...
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 ...
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 ...
MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMAC
MANTRA, a layer-1 blockchain designed for tokenized real-world assets (RWA), entered an agreement with United Arab Emirates-based property ...
Exclusive: Trump’s Dubai Billionaire Pal Discusses His Promise To Invest $20 Billion Into U.S.
U.A.E. real estate tycoon and Trump pal has a history of audacious projects, but can he come up with the pledged $20 billion?