"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.

EXCLUSIVE: Amira Sajwani discusses Dubai's position as the global capital of branded residences. Dubai's branded residences: ...

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

UAE company Damac Properties has made a $20 billion investment in the US to build data centres across the country, president-elect Donald Trump announced on Tuesday. Hussain Sajwani, founder and ...

Developers who do business with the Trump Organization overseas haven’t been shy about touting their collaborations with the ...

U.A.E. real estate tycoon and Trump pal has a history of audacious projects, but can he come up with the pledged $20 billion?

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

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

Even in the emirate of Dubai — renowned for embracing ambitious projects — many were taken aback when local tycoon Hussain ...

Hussain Sajwani has built swaths of the Middle East’s glitziest commercial hub and made an ally of the US president-elect ...

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

DUBAI: 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, the two ...