"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.
Emirati billionaire Hussain Sajwani's planned $20 billion investment in US data centres deepens ties he established with president-elect Donald Trump nearly a decade ago, and marks a return to one of ...
The landmark investment will largely focus on large-scale development projects in the Middle East, particularly in the UAE ...
his successor unveiled a $20 billion data center investment by a United Arab Emirates property developer called DAMAC. “This commitment further underscores that many of the greatest business ...
The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.
President-elect Trump told the nation Sunday that Apple under CEO Tim Cook may soon make an investment in the U.S., backing ...
The president-elect said the company may even "double" that $20 billion investment, but Sajwani said his company will start with the $20 billion. DAMAC's former chairman and current board member ...
Sky is the limit on U.S. investing, Damac chairman tells CNBC Damac announced $20 billion planned investment into U.S. data centers during a press conference by U.S. President-elect Donald Trump.