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Damac, Trump and data center
Damac’s $20bn investment shows evolution of Trump’s close ties with Gulf
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 hallmarks of the Republican's first term in office.
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.
Trump’s $20B Data Center Investment Announcement Underscores the Race for Data Center Capacity
Ahead of his inauguration at the end of January, President-elect Donald Trump announced that Damac Properties, controlled by Emirati
DAMAC, MANTRA and blockchain
MANTRA Partners with DAMAC for $1B Asset Tokenization Deal
MANTRA partners with DAMAC for a $1B asset tokenization deal. It expands blockchain technology in real estate and investment opportunities.
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 tokenise assets in the Middle East worth at least $1 billion, the two firms said on Thursday.
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.
Network World
3h
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 ...
AGBI on MSN
10h
Damac to tokenise $1bn in real estate
Damac Group, the Dubai property company, has partnered with the Hong Kong-based blockchain platform Mantra to tokenise assets ...
1d
on MSN
'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says
"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," ...
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?
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 ...
1d
on 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 ...
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Trump
United States
Hussain Sajwani
Dubai
data centers
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