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.

"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.

UAE property firm Damac is to invest billions of dollars into developing data centers in the US. Speaking from his Mar-a-Lago resort in Palm Beach, Florida, President-elect Donald Trump announced the ...

In this interview, CoinDesk's Leah Callon-Butler speaks with MANTRA CEO John Patrick Mullin and DAMAC managing partner Amira ...

President-elect Donald Trump announced last week that Dubai developer DAMAC Properties will invest at least $20 billion “over ...

A UAE investment firm planned to expand across eight states in the sunbelt. Government officials commented on the potential ...

The landmark investment will largely focus on large-scale development projects in the Middle East, particularly in the UAE ...

The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.

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. By Liz Alderman Reporting from Paris When ...

President Donald Trump has announced several notable private sector investments in the U.S. tech sector in the wake of his electoral victory as he looks to tout economic momentum.

MANTRA partners with DAMAC for a $1B asset tokenization deal. It expands blockchain technology in real estate and investment ...

Damac are now set to tussle Al Ettifaq in round 15 of the Saudi Pro League 2024-25 at Dhamak Club Stadium on Wednesday.