President-elect Donald Trump on Tuesday announced a $20 billion investment in US-based data centers by Hussain Sajwani, the billionaire founder of DAMAC Properties and a close business associate of the Trump family.

DUBAI (Reuters) - Emirati billionaire Hussain Sajwani said on Friday he expects more investments from the oil-rich Gulf into the U.S. as President-elect Donald J. Trump's second term in office heralds a "pro-business" climate.

Texas — already magnet for data center builds— stands to benefit from a proposed $20 billion investment announced by President-elect Donald Trump.

Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto infrastructure.

Dubai real estate developer Damac Properties will invest $20 billion in data centres across the United States, President-elect Donald Trump announced on Tuesday.

Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.

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.

Hussain Sajwani, CEO of DAMAC Properties, confirmed a significant $20 billion investment in the U.S. during a recent Mar-a-Lago event with President-elect Donald Trump. This move underscores the continued business ties between Trump and Sajwani,

President-elect Donald Trump announced Jan. 7 a $20B plan to ramp up data center development across the United States. The effort will be financed with an investment led by Emirati billionaire Hussain Sajwani, who is the head of Damac Properties, a luxury real estate developer in the Middle East and United Kingdom.

President-elect Donald Trump's breezy rollout this week of a Dubai real estate developer's $20 billion pledge shows the chasm between tech's bold

Gov. McMaster painted rosy expectations for South Carolina's economy under President-elect Donald Trump. Data centers and electric vehicles will loom heavily.