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Imagine owning a slice of Dubai’s iconic skyline — a luxurious apartment in Downtown, a sleek penthouse on Palm Jumeirah, or ...
Sajwani took the firm private again in 2022 for $2.2 billion, a decision he chalks up to low demand for the stock at the time. “The option of bringing outside investors is there, we could go public.
Through its unit Edgnex Data Centers, Damac will develop a 144-megawatt data center in Jakarta. First phase of the project will be operational by the end-2026.
Sajwani is the latest foreign investor to announce intentions to make investments in the U.S. since Trump's win. Last month, Trump announced Japanese tech conglomerate SoftBank plans to invest $ ...
Even in the emirate of Dubai — renowned for embracing ambitious projects — many were taken aback when local tycoon Hussain Sajwani stood beside Donald Trump to pledge a $20 billion investment ...
Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming US data center industry in the coming years, he and President-elect Donald Trump announced on Tuesday at Trump ...
Mr. Sajwani, who is sometimes called the Donald of Dubai, leveraged his company into a major player in the Middle East’s luxury real estate market with acquisitions and projects starting in the ...
Hussain Sajwani, a real estate developer who has been dubbed “The Donald of Dubai,” is throwing a lavish wedding for his daughter, Amira, over several days in Dubai, the oil-rich country with ...
Hussain Sajwani, a billionaire developer from Dubai, is bidding to buy the site where the Champlain Towers South condo collapsed outside Miami.
Sajwani is close to the emir of Dubai, and other Trump business partners abroad sometimes have ties to the heads of state in their countries, which worries watchdogs like Brian.
Sajwani, who founded Damac Properties in the early 2000s and made a fortune building apartments, hotels and golf courses in and around Dubai, ...