Who is DAMAC? The company investing $20B in Midwest, Sun Belt data centers
Jan 7, 2025 · President-elect Trump on Tuesday announced that a company based in the United Arab Emirates will invest $20 billion to build data centers in several Midwest and Sun Belt states.
EDGNEX Data Centers by DAMAC Announces Expansion into the …
Jan 8, 2025 · As a group, DAMAC is invested significantly in the U.S. through several private equity funds and in real estate in Miami. The data center expansion will include key U.S. regions, i.e. Sunbelt...
Who Is the Developer Behind Trump’s $20 Billion Data Center …
Jan 8, 2025 · Why is DAMAC investing in U.S. data centers? If Mr. Trump has profited greatly from his dealings with DAMAC, Mr. Sajwani is set to benefit from his yearslong investment in the president-elect.
Damac’s Edgnex Data Centres unveils $20bn mega investment in …
Jan 8, 2025 · UAE-based digital infrastructure company Edgnex, part of the Damac Group, a UAE-headquartered property development company, has announced plans to invest $20bn in the US data centre industry.
Trump announces $20B US investment by Emirati businessman | AP News
Jan 7, 2025 · WASHINGTON (AP) — President-elect Donald Trump on Tuesday announced a $20 billion investment for data centers in the United States by an Emirati company led by billionaire Hussain Sajwani, a close business partner of the Trump family.
EDGNEX Data Centers by DAMAC Announces Expansion into the …
January 07, 2025 | DUBAI and USA – Dubai-headquartered global digital infrastructure company EDGNEX Data Centers by DAMAC (fully owned by global group DAMAC) has announced its strategic entry in data centers into the United States market, marking a transformative phase in its international expansion. The announced US expansion will deliver state-of-the-art data centers targeting a 2000MW ...
EDGNEX Data Centers by DAMAC Announces Expansion into the …
Jan 8, 2025 · Dubai-headquartered global digital infrastructure company EDGNEX Data Centers by DAMAC (fully owned by global group DAMAC) has announced its strategic entry in data centers into the United...
EDGNEX Data Centers by DAMAC Announces Expansion into the …
Jan 7, 2025 · Current operational data centers include over 10MW in Saudi Arabia and 5MW in Thailand, which will be operational by Q1 2025. By 2026, EDGNEX aims to have over 300MW+ operational globally.
President-elect Trump announces Damac to invest $20 billion in US data …
Jan 7, 2025 · 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.
Dubai Billionaire Plans to Build Data Centers Across Asia - Bloomberg.com
Dec 4, 2024 · Damac Group, backed by billionaire developer Hussain Sajwani, plans to invest about $3 billion to build data centers across Southeast Asia as the region becomes a hub for AI and cloud...
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