"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.

President Donald Trump has announced several notable private sector investments in the U.S. tech sector in the wake of his electoral victory as he looks to tout economic momentum.

UAE property firm Damac is to invest billions of dollars into developing data centers in the US. Speaking from his Mar-a-Lago resort in Palm Beach, Florida, President-elect Donald Trump announced the ...

A UAE investment firm planned to expand across eight states in the sunbelt. Government officials commented on the potential ...

Foreign investment in the U.S. economy is expected to continue, despite the failed bid by Japan’s Nippon to buy U.S. Steel, ...

Tech companies have been racing o to set up data centers essential for powering generative artificial intelligence applications such as OpenAI’s ChatGPT and Google Gemini, which require ...

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

President-elect Donald Trump announced last week that Dubai developer DAMAC Properties will invest at least $20 billion “over ...

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

I remain optimistic about the opportunities the US offers businesses and individuals to thrive in the years ahead', said the ...

DUBAI (Reuters) - 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, ...

President-elect Trump told the nation Sunday that Apple under CEO Tim Cook may soon make an investment in the U.S., backing ...