'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says

Damac, a Dubai property giant, is investing $20 billion in new data centers across the U.S., following a pledge by its chairman Hussein Sajwani. Sajwani, a longtime friend of President-elect Donald Trump, stated that the company is willing to invest more in the U.S., with potential for additional funding from third parties to support growth. The chairman emphasized the limitless potential for further investment in the American market, citing Microsoft’s plans to invest $80 billion in data centers by 2025.

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