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.
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.
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 $20B US investment by Emirati businessman
President-elect Donald Trump is expected to announce a $20 billion investment into building data centers in the United States by the Emirati company led by a billionaire who is a close business partner of the Trump family.
Trump Announces Emirati Billionaire Will Invest $20B Into US Data Centers
Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto infrastructure.
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,
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.
UAE’s DAMAC To Invest US$20 Billion In US Data Centers
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 conference in Florida,
Trump Secures $20B UAE Investment for New U.S. Data Centers
President-elect Donald Trump announced a $20 billion foreign investment from Emirati billionaire Hussain Sajwani, the founder of DAMAC Properties. The investment will be used to build new data centers across the U.
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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 $20bn investment shows evolution of Trump’s close ties with Gulf
Emirati billionaire Hussain Sajwani's planned $20 billion investment in US data centres deepens ties he established with ...
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 ...
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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, ...
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 ...
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?
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 ...
'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," ...