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Damac, Dubai and data center
'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," Sajwani said of the planned investment.
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.
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.
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
Trump announces $20B investment from Middle East billionaire to build US data centers
Tech companies have been racing o to set up data centers essential for powering generative artificial intelligence applications such as OpenAI’s ChatGPT and Google Gemini, which require
‘The sky is the limit' on Damac investment in the U.S., property giant's chief says
The sky’s the limit when it comes to Dubai property giant Damac’s investment in the United States, the company’s chairman told CNBC on Thursday. Two days prior, President-elect Donald Trump announced a $20 billion foreign investment by the Emirati company to build new data centers across the U.
Trump Announces $20 Billion Investment With Dubai's DAMAC Properties For Data Centers In The US
Dubai's DAMAC Properties will invest at least $20 billion in U.S. data centers, President-elect Donald Trump announced Tuesday at Mar-a-Lago, alongside CEO Hussain Sajwani. The investment will focus on facilities across Texas,
DAMAC, Mantra
UAE DAMAC Group to tokenize $1billion worth of assets
UAE conglomerate DAMAC Group, with investments in property development, hospitality, and data centres, has announced plans to tokenize $1 billion worth of its assets for financing purposes in early 2025.
Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
Mantra, a blockchain built for tokenized real-world assets (RWAs), signed a $1 billion agreement with Damac Group, an investment conglomerate, to enable token-based finance in the Middle East.
MANTRA and DAMAC Group Sign $1 Billion Tokenization Agreement
MANTRA and DAMAC Group partner to tokenize $1B of DAMAC's assets, including real estate, hospitality, and fashion, on the MANTRA blockchain.
GlobalData on MSN
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Damac’s Edgnex Data Centres unveils $20bn mega investment in the US
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on MSN
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 ...
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