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DAMAC, Dubai and data center
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.
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,
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.
Damac’s Edgnex Data Centres unveils $20bn mega investment in the US
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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
Live news: Dubai property developer Damac to invest $20bn in US data centres
Sajwani said Damac had been waiting for the right moment to boost its investments in the US and the figure could be more than $20bn “if the market allows” it. Donald Trump has vowed to rename the “Gulf of Mexico” as the “Gulf of America”,
50m
Who is Hussain Sajwani, the man behind Trump's $20 bn data center plan?
Hussain Sajwani and Donald Trump have a long-standing business relationship. In 2013, they partnered to create the first ...
9h
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 ...
17h
Exclusive: Trump’s Dubai Billionaire Pal Discusses His Promise To Invest $20 Billion Into U.S.
U.A.E. real estate tycoon and Trump pal has a history of audacious projects, but can he come up with the pledged $20 billion?
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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 ...
1d
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 ...
1d
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 ...
Inc Arabia on MSN
23h
UAE’s DAMAC To Invest US$20 Billion In US Data Centers
US President-Elect Donald Trump announced on Tuesday that UAE-based DAMAC Properties has made a US$20 billion investment to ...
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