"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 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.

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 ...

Damac Group's Hussain Sajwani partnered with the president-elect to build a Trump-branded golf course and invested in Elon ...

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

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.

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.

Joining Trump for a rally in Florida on Tuesday, Sajwani, the president-elect’s self-styled right-hand man in the Middle East, announced that his company would invest at least $20 billion in new US ...

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