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

9 January 2025
in World
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'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says
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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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Tags: 039TheBreaking News: MarketsBreaking News: Middle EastBreaking News: Politicsbusiness newsChiefDAMACDonald TrumpDubaigiant039sInvestmentlimit039MarketsPoliticspropertyReal estateSkyU.SUnited Arab EmiratesUnited States
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