"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.

President-elect Donald Trump on Tuesday announced a $20 billion investment for data centers in the United States by an Emirati company led by billionaire Hussain Sajwani, a close business partner of ...

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

The rise of AI and cryptocurrency have revved up demand for data centers. Texas stands to be a hub for such facilities.

Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging ...

The Tanoesoedibjos got souvenirs signed and chatted with the president. They also got to meet New York City Mayor Eric Adams, ...

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

Ahead of his inauguration at the end of January, President-elect Donald Trump announced that Damac Properties, controlled by Emirati ...

The UAE’s DAMAC Properties plans to invest at least $20 billion in the US for data centers, President-elect Donald Trump announced on Tuesday. Hussain Sajwani, the founder of the Dubai-based ...

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

Into the United States and they may go double or even ... a close business partner of the Trump family. The investment by DAMAC Properties in the United Arab Emirates is intended to highlight ...