News

Dubai developer Damac invests $2.3B in Jakarta AI
Dubai’s largest private developer is on a multibillion-dollar spending spree to develop artificial intelligence ...
DAMAC Properties Officially Launches DAMAC Chelsea Residences, Introducing a New Era of Urban Luxury in Central Dubai
DAMAC Properties Dubai is proud to announce the official launch of DAMAC Chelsea Residences, a new residential development ...
Khaleej Times on MSN5d
Dubai's Damac to invest $2.3 billion in one of Southeast Asia's largest AI data centres
Construction has already begun, and the facility’s Phase 1 is expected to be ready by December 2026. Edgnex aims to achieve ...
Dubai Billionaire Hussain Sajwani Doubles Down On Indonesia With $2.3 Billion Data Center Project
Through its unit Edgnex Data Centers, Damac will develop a 144-megawatt data center in Jakarta. First phase of the project ...
Investment Case: Rental Yields & Growth Potential At Damac Chelsea Residences
Damac Chelsea Residences is more than just a real estate project - it's a long-term investment in lifestyle, brand equity, ...
Under The Leadership Of Zain Mohammed Riaz, Sykon Properties Receives DAMAC Award Within Five Months Of Launching In Dubai
At the helm of Sykon Properties is Zain Mohammed Riaz, the company's CEO and Founder. Under his leadership, Sykon has quickly ...
RCR Wireless News3d
Edgnex to build $2.3B AI data center in Indonesia
The site where Edgnex will build the new AI facility was acquired in March 2025 and is now in early construction phases.
Khaleej Times4d
Dubai's Damac to invest $2.3 billion in one of Southeast Asia's largest AI data centres
Edgnex Data Centres, part of Dubai-based Damac Group, announced on Tuesday its second next-generation AI-powered data centre in Jakarta, Indonesia, for $2.3 billion (Dh8.44 billion). This will be ...
Gulfbusiness.com on MSN5d
EDGNEX by DAMAC to build $2.3bn AI data centre in Jakarta
EDGNEX Data Centers by DAMAC, a global digital infrastructure company backed by Dubai-headquartered DAMAC Group, has ...
Why Chelsea won’t have a shirt sponsor at Club World Cup despite DAMAC success
Kieran Gill’s latest Chelsea Confidential for the Daily Mail is full of interesting information about the Blues and their ...
Morningstar6d
DAMAC Properties Officially Launches DAMAC Chelsea Residences, Introducing a New Era of Urban Luxury in Central Dubai
DUBAI, United Arab Emirates, June 16, 2025 (GLOBE NEWSWIRE) -- DAMAC Properties Dubai is proud to announce the official launch of DAMAC Chelsea Residences, a new residential development that ...