President-elect Donald Trump announced that Dubai-based real estate firm Damac plans to invest $20 billion into building data centers in the US. The announcement was made at Trump’s Florida ...

EDGNEX Data Centers, a subsidiary of DAMAC, and PPC Group have unveiled plans to develop a cutting-edge data centre in Spata, East Attica, Greece, through a new joint venture called Data In Scale ...

At the moment, we’re planning $20 billion in data center catering for the AI and cloud business for the hyperscalers,' DAMAC Properties founder Hussain Sajwani said Tuesday. President-elect ...

Trump secures $1.73T in investments, creating 235K U.S. jobs from firms like Apple, SoftBank, and Saudi Arabia.

Just three weeks ago, President Donald Trump announced that Damac would invest $20B in U.S. data centers, planning to expand across the Sun Belt and Midwest. UPDATE, JAN. 30, 12:30 P.M. ET ...

DUBAI and PALM BEACH, Fla., Jan. 8, 2025 /PRNewswire/ -- Dubai-headquartered global digital infrastructure company EDGNEX Data Centers by DAMAC (fully owned by global group DAMAC) has announced its ...

Emirati businessman Hussain Sajwani, founder of real estate development firm DAMAC Properties, said he will invest $20 billion “over a very short period of time” to build data centers in the U ...

As a group, DAMAC is invested significantly in the U.S. through several private equity funds and in real estate in Miami. The data center expansion will include key U.S. regions, i.e. Sunbelt and ...