Damac, Dubai

'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: Damac unit in big US data market expansion with $20bln investment
Dubai-based real estate developer Damac, has announced its strategic entry into the US data centre market, marking a transformative phase in its international expansion
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
DAMAC CEO: Still Finalizing Financing for US Data Center Deal
DAMAC's Hussain Sajwani, who recently joined Donald Trump at a press conference to announce a new US data center project, says that funding for the deal is still in the works. Nevertheless, he expects to expand his $20 billion investment over time as his focus turns from Europe and Asia-based projects to the US.
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,
UAE Billionaire Joins Forces with Trump to Build $20 Billion Data Centers
President-elect Donald Trump has secured the UAE billionaire's investment in constructing data centers across the United States.
Damac’s Edgnex Data Centres unveils $20bn mega investment in the US
UAE-based digital infrastructure company Edgnex, part of the Damac Group, a UAE-headquartered property development company, has announced plans to invest $20bn in the US data centre industry. US President-elect Donald Trump and Damac Group’s founder Hussain Sajwani announced the plans at a press conference in Palm Beach,
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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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DAMAC partners with MANTRA to tokenise $1bn in real-world assets
The DAMAC Group assets will be available on MANTRA Chain in early 2025, exclusively through the blockchain platform ...
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Dubai developer DAMAC, MANTRA collaborate to tokenise $1bn in real-world assets
MANTRA, a blockchain platform focused on real-world assets (RWAs), signed a deal with Dubai developer DAMAC Group to tokenise ...
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 ...
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 ...
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MANTRA and DAMAC Group Sign $1 Billion Tokenization Agreement
MANTRA and DAMAC Group partner to tokenize $1B of DAMAC's assets, including real estate, hospitality, and fashion, on the MANTRA blockchain.
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 ...
‘The sky is the limit’ on Damac investment in the U.S., property giant's chair says
The sky is the limit’ on Damac investment in the U.S, the property giant's Chairman Hussain Sajwani tells CNBC.
‘The sky is the limit' on Damac investment in the U.S., property giant's chief says
The sky’s the limit when it comes to Dubai property giant Damac’s investment in the United States, the company’s chairman told CNBC on Thursday. Two days prior, President-elect Donald Trump announced ...