damac investment news

Damac, Dubai

'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says

"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.

Zawya · 11h

Dubai: Damac unit in big US data market expansion with $20bln investment

Dubai-based real estate developer Damac, has announced its strategic entry into the US data centre market, marking a transformative phase in its international expansion

Datacenter Dynamics · 2d

President-elect Trump announces Damac to invest $20 billion in US data centers

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 company would be investing “at least $20 billion over a very short period of time” into data centers.

DAMAC, MANTRA

cryptopolitan · 7h

UAE DAMAC Group to tokenize $1billion worth of assets

UAE conglomerate DAMAC Group, with investments in property development, hospitality, and data centres, has announced plans to tokenize $1 billion worth of its assets for financing purposes in early 2025.

coinspeaker · 8h

MANTRA and DAMAC Group Sign $1 Billion Tokenization Agreement

MANTRA and DAMAC Group partner to tokenize $1B of DAMAC's assets, including real estate, hospitality, and fashion, on the MANTRA blockchain.

cryptonews · 5h

Layer-1 Blockchain MANTRA to Tokenize $1B RWA for UAE-Based DAMAC Group

DAMAC Group will leverage MANTRA blockchain to tokenize its diverse range of assets within the group's portfolio of companies.

GlobalData on MSN1d

Damac’s Edgnex Data Centres unveils $20bn mega investment in the US

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Dubai-based developer of Surfside collapse site plans $20B US data centers investment

Now, Sajwani, who has had close ties with Trump and his family over the years, seemingly has plans to supercharge the firm’s ...

2don MSN

Trump announces $20B US investment by Emirati businessman

President-elect Donald Trump is expected to announce a $20 billion investment into building data centers in the United States ...

14hon MSN

‘The sky is the limit’ on Damac investment in the U.S., property giant's chair says

The sky is the limit’ on Damac investment in the U.S, the property giant's Chairman Hussain Sajwani tells CNBC.

14h

‘The sky is the limit' on Damac investment in the U.S., property giant's chief says

The sky’s the limit when it comes to Dubai property giant Damac’s investment in the United States, the company’s chairman told CNBC on Thursday. Two days prior, President-elect Donald Trump announced ...

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