Through its unit Edgnex Data Centers, Damac will develop a 144-megawatt data center in Jakarta. First phase of the project ...

President-elect Donald Trump on Tuesday announced a $20 billion investment in US-based data centers by Hussain Sajwani, the billionaire founder of DAMAC Properties and a close business associate ...

Then, last week, Hussain Sajwani, the chairman of Dubai-based luxury property developer Damac, stood by Trump at Mar-a-Lago to announce a $20 billion investment in the Midwest and Sunbelt for AI ...

The Italian fashion house is seeking growth opportunities while its owner Hussain Sajwani channels billions into developing ...

The site where Edgnex will build the new AI facility was acquired in March 2025 and is now in early construction phases.

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 announces a $20 billion investment to build U.S. data centers during a press conference with President-elect Donald Trump at the Mar-a-Lago Club. Scott Olson/Getty Images ...

Hussain Sajwani makes his case from Mar-a-Lago. By Giacomo Tognini, Forbes Staff. ... There's a huge demand for AI," Sajwani, 71, told Forbes on Tuesday afternoon, ...

Jarkata city in Indonesia is set to host a $2.3 billion AI data center, which will become one of SEA’s biggest AI projects, backed by the Damac Group.

Trump, alongside DAMAC’s billionaire founder and CEO Hussain Sajwani, said at a news conference at Mar-A-Lago, Fla., that the data centers would support artificial intelligence and cloud services.

Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at ...

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