The United Arab Emirates-based billionaire Hussain Sajwani will invest $20 billion toward building data centers in the U.S., President-elect Donald Trump announced Tuesday, disclosing a massive ...

Hussain Sajwani makes his case from Mar-a-Lago. ... 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.

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 ...

Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the Middle East a decade ago. Listen to this article · 5:38 min Learn more.

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

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 ...

MILAN — Roberto Cavalli‘s owner Hussain Sajwani is shifting his attention to a project that is aiming to support the growing demand for data storage and processing related to AI and other technologies ...

Emirati billionaire Hussain Sajwani said on Friday he expects more investments from the oil-rich Gulf into the U.S. as President-elect Donald J. Trump's second term in office heralds a "pro ...

Hussain Sajwani is worth $10.2 billion, as per Forbes. Tesla and SpaceX CEO Elon Musk and his partner Shivon Zilis were recently photographed together at the White House with Dubai billionaire ...

Background Hussain Sajwani founded DAMAC Properties in 2002, establishing it as a leader in luxury real estate in Dubai and beyond. His connection to Trump became widely known in 2016 when he ...

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 ...