• Hussain Sajwani, the billionaire founder of Damac Properties, is set to invest $20 billion in developing data centers across the United States, primarily funded through bank loans. Sajwani aims to finance 60% to 70% of the project through borrowing, with Damac covering approximately 30% of the investment from its own resources. This move comes as part of a broader strategy to capitalize on the growing demand for data infrastructure in the US, especially with the anticipated economic policies under President Trump, who has expressed support for such investments.

• The investment aligns with a significant trend in the real estate sector, where demand for data centers is surging due to the increasing reliance on cloud computing and digital services. Sajwani's plans reflect a strategic pivot for Damac, which has traditionally focused on residential and commercial real estate in Dubai. The company is also exploring similar investments in Asia, indicating a diversification strategy that could enhance its market position and revenue streams in the rapidly evolving tech landscape.