damac properties news - Search News

New administration to invest $20B to build data centers

Network World · 1h

UAE company to invest $20B in U.S. AI data centers

A United Arab Emirates investment firm has pledged $20 billion to build new data centers targeting AI across a number of locations across the United States.

The New York Times · 1d

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 Middle East a decade ago.

Fox Business · 3d

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.

Damac, MANTRA and blockchain

africabusinesscommunities.com · 10h

Damac’s $1 billion blockchain bet to tokenize your real estate dreams

UAE’s Damac Properties and blockchain firm Mantra announced a $1 billion partnership to tokenize real estate. What does this mean in the real world? You could soon buy a slice of luxury property for $100 worth of crypto — stablecoins, Bitcoin, whatever suits your wallet.

MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMAC

The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.

Inc Arabia on MSN · 1d

MANTRA, DAMAC Group Ink US$1 Billion Deal To Tokenize Assets

MANTRA, a purpose-built layer 1 blockchain for tokenized real-world assets (RWAs), has signed a US$1 billion agreement with the Dubai-headquartered investment conglomerate DAMAC Group to tokenize asse

Tycoon’s wild plan for US data centers ignores grid reality

President-elect Donald Trump's breezy rollout this week of a Dubai real estate developer's $20 billion pledge shows the chasm ...

2d

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 ...

2d

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 ...

Reuters on MSN6h

Emirati billionaire and Trump ally sees more Gulf investments into US under new president

Emirati billionaire Hussain Sajwani said on Friday he expects more investments from the oil-rich Gulf into the U.S. as ...

2d

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?

1don MSN

There will be a huge amount of data center expansion in the U.S., analyst says

Bob O'Donnell, president and chief analyst at Technalysis Research, discusses U.S. President-elect Donald Trump's ...

1d

Dubai developer DAMAC signs $1 bln deal with blockchain platform MANTRA

MANTRA, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer DAMAC Group to ...

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