Sajwani snapped a picture with Trump and Tesla boss Elon Musk at a Mar-a-Lago New Year's celebration last week.

United Arab Emirates businessman Hussain Sajwani, CEO of DAMAC Properties, announced a $20 billion investment in U.S. data centers, citing President-elect Donald Trump’s leadership as a key motivator.

Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto infrastructure.

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.

President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in the U.

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.

President-elect Donald Trump announced a new $20B investment into U.S. data centers on Tuesday, with the money coming from Hussain Sajwani, a billionaire from the United Arab Emirates. Sajwani, who is chairman of DAMAC properties,

President-elect Donald Trump announced a $20 billion investment into US building data centers by the Emirati company, but no details were released.

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.

DAMAC Properties is one of the top private developers in the skyscraper-studded city-state in the United Arab Emirates. The property developer has been a Trump partner. Under Sajwani, DAMAC built ...

as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in the U.S. on data centers used for artificial intelligence and cloud computing.

President Biden issued an executive order to permit data centers on federal lands in a move aimed at bolstering clean energy and protecting national security during a boom in artificial intelligence