"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," Sajwani said of the planned investment.

Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto ...

EXCLUSIVE: Amira Sajwani discusses Dubai's position as the global capital of branded residences. Dubai's branded residences: ...

Dubai developer DAMAC Properties will invest at least $20 billion "over a very short period of time" in the U.S., primarily in data centers in the middle of the country, President-elect Donald Trump ...

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?

Damac Group's Hussain Sajwani partnered with the president-elect to build a Trump-branded golf course and invested in Elon ...

Even in the emirate of Dubai — renowned for embracing ambitious projects — many were taken aback when local tycoon Hussain ...

Hussain Sajwani has built swaths of the Middle East’s glitziest commercial hub and made an ally of the US president-elect ...

The landmark investment will largely focus on large-scale development projects in the Middle East, particularly in the UAE ...

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

DAMAC, one of Dubai's biggest developers, whose assets include real estate properties and data centres, has been investing in data centres across the world. On Tuesday, its Chairman Hussain ...

The Tanoesoedibjos got souvenirs signed and chatted with the president. They also got to meet New York City Mayor Eric Adams, ...