9 January 2025

A view of the DAMAC logo in City Center Dubai. February 10, 2018, Dubai, United Arab Emirates.

Artur Vidak | Noor Photo via Getty Images

DUBAI, United Arab Emirates – The sky is the limit when it comes to Dubai giant Damac Properties' investments in the United States, the company's chairman told CNBC on Thursday.

Two days ago, President-elect Donald Trump She announced $20 billion in foreign investment to build new data centers across the US – adding that Sajwani had pledged “at least” that amount.

This breaking news story is being updated.

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