News

The Italian fashion house is seeking growth opportunities while its owner Hussain Sajwani channels billions into developing ...
The furious families of the Surfside victims have torn into plans for an ultra-luxury condo tower on the site of the ...
As the UAE's growing millionaire population continues to fuel the property market, an increasing number of luxury and ...
Dubai’s largest private developer is on a multibillion-dollar spending spree to develop artificial intelligence ...
Foreign developers poured $44.6 million into Trump-branded projects in 2024, sharply higher than previous years, as the Trump family resumes global real estate expansion.
India’s richest man has joined the ranks of foreign developers pouring money into President Trump’s real-estate firm, as the first family ramps up dealmaking after years of aversion to mixing business ...
Arabian Gulf Business Insight on MSN16d
Damac data centre unit Edgnex signs $2bn Jakarta deal
Edgnex, the data centre subsidiary of Dubai’s Damac Group, plans to develop an artificial intelligence-powered data centre in Jakarta, Indonesia. The data centre will have a projected capacity of 144 ...
Construction has already begun, and the facility’s Phase 1 is expected to be ready by December 2026. Edgnex aims to achieve 300-plus MW of operational capacity by 2026 in the Southeast Asia region ...
Labour practices have also come under scrutiny. A 2017 report highlighted concerns about the treatment of migrant workers at the Trump International Golf Club in Dubai, a project developed by DAMAC.
The Trump Organization has agreed to a new Middle East golf course and real estate deal that involves a Qatari government-owned firm, two weeks before President Trump is set to travel to Saudi ...
DUBAI, United Arab Emirates-- (BUSINESS WIRE)-- DAMAC Chairman Hussain Sajwani made the following statement regarding President Trump's visit to the Middle East next month: “We are extremely ...
Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously ...