damac properties news - Search News

Network World · 1h

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.

CBS News on MSN · 3d

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.

The Real Deal · 2d

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.

Self Employed on MSN · 20h

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

1d

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 ...

Hosted on MSN8h

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 ...

africabusinesscommunities.com10h

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 ...

Tycoon’s wild plan for US data centers ignores grid reality

President-elect Donald Trump's breezy rollout this week of a Dubai real estate developer's $20 billion pledge shows the chasm ...

1don MSN

'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," ...

2d

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 ...

2d

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 ...

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, ...

Reuters on MSN6h

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 ...

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