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 $ ...

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 ...

Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at ...

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 ...

Hussain Sajwani, CEO of DAMAC Properties, speaks as President-elect Donald Trump listens during a news conference at Mar-a-Lago, Tuesday, Jan. 7, 2024, in Palm Beach, Florida.

Sajwani, who Trump recently touted for his promise to invest $20 billion in US data centers, turned up at the Saturday mixer for elites at the Trump golf course in Virginia, ...

Sajwani said that DAMAC has delivered over 45,000 luxury residential units and have another 45,000 in the pipeline. He added the company's data center business has a presence in 10 countries ...

Mr. Trump opened the unusual news conference on Tuesday by introducing Hussain Sajwani, the founder and chairman of DAMAC Properties, a Dubai-based real estate firm that partnered with the Trump ...