President-elect Donald Trump on Tuesday announced that a company from the UAE will invest $20 billion to build data centers in the U.S., primarily in the Midwest and Sun Belt.

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

Damac Group, the Dubai property company, has partnered with the Hong Kong-based blockchain platform Mantra to tokenise assets worth at least $1 billion. The project will use blockchain technology to ...

Dubai Damac Properties, a major real estate development company based in the UAE, has announced a remarkable $20 billion investment deal that marks a significant milestone in the continued ...

Tue, January 7, 2025 at 7:31 PM UTC I was in the packed hall at Davos to hear Trump speak. The audience went from laughter to silence in seconds. Elizabeth Warren tells Elon Musk she's 'happy' to ...

Damac chairman tells CNBC Damac announced $20 billion planned investment into U.S. data centers during a press conference by U.S. President-elect Donald Trump. Property chief has been friends and ...

MANTRA partners with DAMAC for a $1B asset tokenization deal. It expands blockchain technology in real estate and investment ...

In this interview, CoinDesk's Leah Callon-Butler speaks with MANTRA CEO John Patrick Mullin and DAMAC managing partner Amira ...

DAMAC, one of Dubai's biggest developers, whose assets include real estate properties and data centres, has been investing in data centres across the world. On Tuesday, its Chairman Hussain ...

MANTRA blockchain and DAMAC Group partner to tokenize $1B in assets • Assets include real estate, hospitality, and data centers • Launch planned for early 2025 • DAMAC began accepting crypto payments ...