Damac Group's Hussain Sajwani partnered with the president-elect to build a Trump-branded golf course and invested in Elon Musk's SpaceX and xAI.
Sajwani snapped a picture with Trump and Tesla boss Elon Musk at a Mar-a-Lago New Year's celebration last week.
Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the Middle East a decade ago.
Even in the emirate of Dubai — renowned for embracing ambitious projects — many were taken aback when local tycoon Hussain Sajwani stood beside Donald Trump to pledge a $20 billion investment in US data centers.
Hussain Sajwani and Donald Trump have a long-standing business relationship. In 2013, they partnered to create the first Trump-branded golf course in the Middle East
President-elect Donald Trump has announced a $20 billion investment in US data centers from Dubai-based billionaire Hussain Sajwani, further strengthening his ties with the prominent Middle Eastern businessman.
Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto infrastructure.
Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming US data center industry in the coming years, he and President-elect Donald Trump announced on Tuesday at ...
United Arab Emirates businessman Hussain Sajwani, CEO of DAMAC Properties, announced a $20 billion investment in U.S. data centers, citing President-elect Donald Trump’s leadership as a key motivator.
Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.
President-elect Donald Trump announced last week that Dubai developer DAMAC Properties will invest at least $20 billion “over a very short period of time” in data centers across the U.S., including in Texas.
Copyright 2025 The Associated Press. All Rights Reserved. President-elect Donald Trump speaks during a news conference at Mar-a-Lago, Tuesday, Jan. 7, 2025, in Palm ...