"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 ...

Trump spoke to the press at his Mar-a-Lago resort in Florida, where he was joined by Hussain Sajwani, the founder and chairman of DAMAC, an investment and property development company based in Dubai.

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 ...

Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data ...

President-elect Trump told the nation Sunday that Apple under CEO Tim Cook may soon make an investment in the U.S., backing ...

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.