President-elect Donald Trump on Tuesday announced that a company from the UAE will invest $20 billion to build data centers in the U.S., primarily in the Midwest and Sun Belt.

The landmark investment will largely focus on large-scale development projects in the Middle East, particularly in the UAE ...

Damac Group, the Dubai property company, has partnered with the Hong Kong-based blockchain platform Mantra to tokenise assets worth at least $1 billion. The project will use blockchain technology to ...

The investment by DAMAC Properties in the United Arab Emirates is intended to highlight Trump's personal ability to attract new money for big projects. The announcement follows a pledge made last ...

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 ...

The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.

In this interview, CoinDesk's Leah Callon-Butler speaks with MANTRA CEO John Patrick Mullin and DAMAC managing partner Amira ...

MANTRA partners with DAMAC for a $1B asset tokenization deal. It expands blockchain technology in real estate and investment ...

Sky is the limit on U.S. investing, Damac chairman tells CNBC Damac announced $20 billion planned investment into U.S. data centers during a press conference by U.S. President-elect Donald Trump.

The Damac unit is set to initially pump $20 billion into the market with a plan to potentially double the investment based on ...

DAMAC, one of Dubai's biggest developers, whose assets include real estate properties and data centres, has been investing in data centres across the world. On Tuesday, its Chairman Hussain ...