Jarkata City in Indonesia is set to host a $2.3 billion AI-focused data center, which will become one of Southeast Asia’s biggest AI-dedicated developments, backed by the Damac Group. Edgnex ...

UAE data center firm Edgnex is to build a data center in Jakarta, Indonesia. The Damac-owned firm officially announced its investment into the Indonesian market at the Indonesia Cloud & Datacenter ...

The development would be Damac’s first data center outside the Middle East. Fahmi said Damac has also secured land in Indonesia and Thailand but didn’t provide details. Part of the UAE property firm ...

Part of the UAE property firm Damac Group, Edgnex (aka Damac Data Centres) is building facilities in Dammam and Riyadh, which will deliver 55MW by 2025. The company is also planning a data center ...

At the moment, we’re planning $20 billion in data center catering for the AI and cloud business for the hyperscalers,' DAMAC Properties founder Hussain Sajwani said Tuesday.

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.

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.

Damac Group’s planned data center in Madrid is expected to bolster the region’s digital infrastructure and support the growing needs of businesses in Spain and beyond.

Damac and Edgnex last year signed an agreement to build a data center and cable landing station at the new King Abdullah Economic City outside Jeddah in Saudi. Reports that Edgenex was exploring ...

Why is DAMAC investing in U.S. data centers? If Mr. Trump has profited greatly from his dealings with DAMAC, Mr. Sajwani is set to benefit from his yearslong investment in the president-elect.

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 ...