U.S. President-elect Donald Trump speaks to members of the media during a press conference at the Mar-a-Lago Club on January 07, 2025 in Palm Beach, Florida.“We’re honored to introduce one of the most respected business leaders in the Middle East, indeed the world. He is a founder and chairman of Damac Properties, Hussain Sajwani. Very respected gentleman,” Trump said.
Now, just two weeks before he becomes President again, Trump announced he’d gotten his buddy a sweet data center deal in the U.S. After talking about where the data centers would go, Trump prompted the Dubai billionaire to address the crowd. Trump railed against wind power and claimed the wind turbines are killing whales. “You see what’s happening up in the Massachusetts area with the whales where they had two whales wash ashore in, I think, a 17-year period. And they had 14 this season. The windmills are driving the whales crazy. Obviously,” he said.
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UAE Company DAMAC to Invest $20 Billion in US Data CentersPresident-elect Trump announced a $20 billion investment from DAMAC, a UAE-based investment and property development company, to build data centers across several Midwest and Sun Belt states. The first phase of the project will be in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana. Trump spoke to the press alongside Hussain Sajwani, the founder and chairman of DAMAC, who stated that the investment could potentially double or exceed the initial $20 billion.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Trump Announces $20 Billion Data Center Investment from Emirati BillionairePresident-elect Donald Trump announced a $20 billion investment from Emirati billionaire Hussain Sajwani to build new data centers across the United States. Sajwani, founder of DAMAC Properties, pledged to invest 'at least' $20 billion, with the possibility of exceeding that amount.
Source: CNBC - 🏆 12. / 72 Read more »
Trump Announces $20 Billion Data Center InvestmentTrump secured a $20 billion foreign investment from Emirati billionaire Hussain Sajwani to build new data centers across the U.S.
Source: NBCNewYork - 🏆 270. / 63 Read more »
Trump Announces $20 Billion Foreign Investment for U.S. Data CentersPresident-elect Donald Trump announced a $20 billion foreign investment pledge from Emirati billionaire Hussain Sajwani to build new data centers across the United States. Sajwani, founder of DAMAC Properties, is a Trump associate and plans to start with Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana. Trump expressed optimism that the investment could double or even exceed the initial amount.
Source: CNBC - 🏆 12. / 72 Read more »
Trump Announces $20 Billion Data Center Investment, Plans to Rename Gulf of MexicoPresident-elect Donald Trump held a press conference to announce a $20 billion investment in U.S. data centers by an Emirati company. He also discussed plans to rename the Gulf of Mexico as the 'Gulf of America'.
Source: FOX10Phoenix - 🏆 83. / 68 Read more »
Trump Announces $20 Billion Data Center Investment and Regulatory ChangesPresident-elect Trump addressed the nation, announcing a $20 billion investment in data centers across the US from DAMAC Properties. He also outlined plans to expedite approvals for companies investing $1 billion or more in the country. Trump criticized current regulations and pledged to reverse President Biden's bans on new oil drilling.
Source: FoxNews - 🏆 9. / 87 Read more »