DAMAC in the News

Trump announces $20 billion foreign investment to build new U.S. data centers

Tue, 07 Jan, 2025 | CNBC

President-elect Donald Trump announced a $20 billion foreign investment to build new data centers in the United States.
Emirati billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money, Trump said.

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Latifa bint Mohammed honours top 5 contestants at Dubai Future Solutions – Prototypes

Thu, 05 Dec, 2024 | WAM

The Dubai Future Solutions – Prototypes for Humanity initiative, held under the directives of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, Chairman of The Executive Council of Dubai, and Chairman of the Board of Trustees of the Dubai Future Foundation, marked yet another milestone year with H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture), honouring the top five contestants.

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Sajwani: Open for New Trump Projects

Tue, 26 Nov, 2024 | Bloomberg

Hussain Sajwani Chairman of DAMAC says their relationship with the Trump organization goes back over a decade and the partnership could expand further, if there is a need. Speaking on Bloomberg's Horizons Middle East and Africa, Sajwani also discussed growth in Dubai and Saudi's real estate markets as well as their renewed focus into data center investments. (Source: Bloomberg)

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Dubai's new 'islands' out to create another offplan property wave

Thu, 21 Nov, 2024 | Gulf News

Dubai: It’s not just offplan property launches that are booming in Dubai – there are ‘islands’ too.

Coming off the project pipeline is ‘Damac Islands’, located in Dubailand and with clusters such as Dubai Investments Park and Sports City just 15- to 20 minutes away.

Now, its developer Damac has set the entry price tag for townhouses (4-bedroom units with a built-up of 2,208 square feet) from Dh2.25 million. The villas – with 6 bedrooms and built-up of 4,440 square feet – are priced at Dh6.3 million.

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EDGNEX Data Centers by DAMAC invests in Spain

Wed, 16 Oct, 2024 | Digitalisation World

The 22,000 sqm facility, with the committed power of 40MW, is scheduled to commence operations by 2026, underscoring DAMAC’s commitment to expanding its footprint across Spain and strengthening its position as a leading global data center operator. Outside the FLAPD markets (Frankfurt, London, Amsterdam, Paris and Dublin), Madrid is one of the key data center markets with a vibrant data centre landscape and strong growth potential, underscoring the rising demand for high-quality digital infrastructure.

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Dubai’s DAMAC Group to Spend $1 Billion in Thai Data Center Push

Mon, 14 Oct, 2024 | BNN Bloomberg

(Bloomberg) -- A subsidiary of Dubai-based Damac Group is investing around $1 billion in a data center project in Thailand, the latest to join a global push by technology companies to build cloud and AI infrastructure in Southeast Asia.

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DAMAC in the News

Trump announces $20 billion foreign investment to build new U.S. data centers

Latifa bint Mohammed honours top 5 contestants at Dubai Future Solutions – Prototypes

Sajwani: Open for New Trump Projects

Dubai's new 'islands' out to create another offplan property wave

EDGNEX Data Centers by DAMAC invests in Spain

Dubai’s DAMAC Group to Spend $1 Billion in Thai Data Center Push

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