Statement From Hussain Sajwani, Chairman, DAMAC

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DUBAI, United Arab Emirates--(BUSINESS WIRE)--Apr 23, 2025--

DAMAC Chairman Hussain Sajwani made the following statement regarding President Trump's visit to the Middle East next month:

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DAMAC Chairman Hussain Sajwani and President Donald Trump in the Oval Office on April 22, 2025.

“We are extremely pleased that President Trump will be visiting the UAE next month as part of his first trip to the Middle East since the inauguration. The President was very positive in response to DAMAC’s announcement earlier this year about a $20 billion investment to build data centers across the United States. We have since been proactively engaged with a number of U.S. partners regarding potential land acquisitions to begin construction of those data centers, and will be providing more updates on our initiatives in the near future. We remain steadfast in our sentiment that the U.S. is a major global destination for foreign direct investment, and we look forward to building a continued, mutually positive relationship with our U.S. partners.”

– Hussain Sajwani, Chairman, DAMAC

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KEYWORD: UNITED STATES UNITED ARAB EMIRATES NORTH AMERICA MIDDLE EAST

INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE TECHNOLOGY CONSTRUCTION & PROPERTY OTHER TECHNOLOGY SOFTWARE ARCHITECTURE OTHER CONSTRUCTION & PROPERTY DATA MANAGEMENT RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: DAMAC

Copyright Business Wire 2025.

PUB: 04/23/2025 03:13 PM/DISC: 04/23/2025 03:13 PM

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