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.
Trump’s $20B Data Center Investment Announcement Underscores the Race for Data Center Capacity
Ahead of his inauguration at the end of January, President-elect Donald Trump announced that Damac Properties, controlled by Emirati
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.
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.
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.
Trump announces Damac to make $20B investment in U.S. data centers
Dubai property firm Damac Properties plans to invest $20B in data centers across the U.S., President-elect Donald J. Trump said on Tuesday during a news conference at his Mar-a-Lago resort. The investments will be made across the Midwest and Sunbelt regions.
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 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, as the company's billionaire founder and CEO, Hussain Sajwani, stood nearby.
Trump: Michigan set to get part of $20 billion in new data centers
The president-elect said DAMAC Properties will invest in new data centers across the US now that he has been elected.
Trump Trade: New administration to invest $20B to build data centers
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of
Emirati billionaire to invest $20 bln in US data centers, Trump says
Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at Trump's home in Palm Beach,
'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," ...
The National Observer: Real Estate: What to watch in CRE, housing this year
A thawing in commercial real estate investment is expected to occur this year. How much of a thaw will occur is hard to ...
Emirati billionaire and Trump ally sees more Gulf investments into US under new president
Emirati billionaire Hussain Sajwani said on Friday he expects more investments from the oil-rich Gulf into the U.S. as ...
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 ...
AGBI on MSN9h
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 ...