UAE-based digital infrastructure company Edgnex, part of the Damac Group, a UAE-headquartered property development company, ...

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

"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.

Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity ...

The landmark investment will largely focus on large-scale development projects in the Middle East, particularly in the UAE ...

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

Dubai developer DAMAC Properties will invest at least $20 billion "over a very short period of time" in the U.S., primarily ...

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

A United Arab Emirates investment firm has pledged $20 billion to build new data centers targeting AI across a number of ...

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 and SoftBank CEO Masayoshi Son announced $100 billion in US investments to create more than ...