Investment Details
President-elect announced a $20 billion investment for US data centers by Emirati company , led by , a close Trump family partner.
Sajwani's investment aims to capitalize on the growing demand for data centers in artificial intelligence and cryptocurrency, marking a significant expansion in the digital economy.
Business Ties and Economic Implications
DAMAC Properties, known for luxury real estate, has a history of partnerships with Trump, including the in .
The investment underscores the potential for Trump and his associates to profit from such deals, amidst broader efforts to attract significant foreign investment into the US.