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Trump, Dubai Billionaire Unveil $20 Billion for Data Centers
President-elect Donald Trump announced an investment of at least $20 billion from Hussain Sajwani, the head of Damac Group, to build new data centers in the US.
Trump announces $20 billion investment in US data centers
U.S. President-elect Donald Trump on Tuesday announced a $20 billion new investment to build data centers across the United States. At a news conference at his home in Palm Beach, Florida, Trump said the investor is Emirati billionaire Hussain Sajwani,
Trump announces $20 billion in new data centers in post-certification address
President-elect Trump held a press conference at Mar-a-Lago on Tuesday, one day after Vice President Kamala Harris certified his election victory.
Dubai billionaire to invest $20 billion in U.S. data centers, Trump says
President-elect Trump said Tuesday that billionaire Hussain Sajwani, chairman of Dubai-based developer Damac Properties, is investing at least $20 billion in the U.S. to support new data centers. Why it matters: Sajwani's investment comes as Big Tech's data center spending explodes.
Trump to announce $20 billion foreign investment to build new data centers
Billionaire Hussain Sajwani, a Trump associate and chairman of the property development company DAMAC, is pledging the money, the source said.
3h
Dubai tourists could face prison time after filming and ‘mocking’ woman in niqab
Tourists filmed themselves laughing at a Muslim woman wearing a niqab at a rooftop restaurant in Dubai. A 13-second video ...
gulftoday
22m
Dhs21 billion revenue gain for Dubai government from real estate sector in 2024
The Government of Dubai has reported a significant increase in revenue from the real estate market in 2024. Total sales from ...
1h
‘Ajith Kumar will resume practice tomorrow,’ says his team after Dubai racing accident. Here’s what happened
Ajith escaped unscathed from the accident, and walked away from the car, and according to his PR Suresh Chandra, the actor is ...
Arabian Business
1h
Dubai real estate: Sobha Realty identifies nationality of investors across portfolio
Dubai real estate developer Sobha Realty has announced the top nationalities investing in its diverse portfolio of projects.
gulftoday
2h
Dubai’s enduring public-private partnerships key catalyst for growth, global competitiveness: Hamdan
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the ...
3h
Dubai unveils world’s largest gold bar weighing 300.12 kg worth INR 211 crore
Dubai has unveiled the world's largest pure gold bar, weighing 300.12 kg and valued at $25 million. Officially recognized by ...
3d
December Push Lands Dubai Duty Free $2.15 Billion—Flat Versus 2023
Sales were marginally up despite a strong uplift in passenger traffic at Dubai International, signaling restraint from ...
The National on MSN
4h
UAE poised to be 'content creator capital' as Dubai hosts global social media summit
An Emirati minister said that the UAE is primed to be a “global capital for content creators” as leading figures across ...
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