in the coming years, he and President-elect Donald Trump announced on Tuesday at Trump’s home in Palm Beach, Fla.
“We’re planning to invest $20 billion and even more than that, if the opportunity in the market allows us,” said Sajwani, chairman of Dubai developer DAMAC, at Trump’s Mar-a-Lago home. Trump has an affinity for announcements promising economic growth, though such investments do not always pan out. Early in his first term, he announced a $10 billion Foxconn investment in a Wisconsin factory that promised thousands of jobs but was mostly abandoned.CES 2025: Annual tech conference showcases more robots and AI than ever before