Edgnex Data Centres by Damac announced the multi-billion-dollar investment, which will be the group’s second project of the nature in that region. The data center project is expected to support ...

Modern AI data centers use much more electricity than traditional cloud servers. In many cases, the existing power grid ...

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.

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.

Dubai-based Damac Group enters the Spanish market with a major €400 million investment to develop a cutting-edge data center in Madrid ...

Joining forces with EDGNEX and DAMAC Group empowers us to accelerate our mission of delivering large-scale, sustainable data center infrastructure tailored for hyperscalers and AI-driven workloads.

Trump, alongside DAMAC’s billionaire founder and CEO Hussain Sajwani, said at a news conference at Mar-A-Lago, Fla., that the data centers would support artificial intelligence and cloud services.

A subsidiary of Dubai-based Damac Group is investing around $1 billion in a data center project in Thailand, the latest to join a global push by technology companies to build cloud and AI ...

President-elect Trump’s announcement of Damac’s investment may provide a preview of the upcoming administration’s potential favorable views towards additional data center investments in the ...