President-elect Donald Trump on Tuesday announced a $20 billion investment for data centers in the United States by an Emirati company led by billionaire Hussain Sajwani, a close business partner of ...

In 2021, Mr. Sajwani set up a digital unit, Edgnex Data Centres, a subsidiary of DAMAC, to meet surging global demand for data centers. Edgnex has sought to expand rapidly across the Middle East ...

DAMAC's Hussain Sajwani, who recently joined Donald Trump at a press conference to announce a new US data center project, says that funding for the deal is still in the works. Nevertheless, he expects ...

The rise of AI and cryptocurrency have revved up demand for data centers. Texas stands to be a hub for such facilities.

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

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

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 ...

However, DAMAC later dropped plans for the golf course ... which thus far have not been part of his company's EDGNEX data center portfolio. According to the company's website, it already has ...