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9 May 2025
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Damac Properties

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Damac Properties to Invest $20 Billion in US Data Centres, Announced by President-Elect Trump

Shahzaib4 months ago4 months ago03 mins

Damac Properties has announced a $20 billion investment in the US to develop data centres, aiming to support AI and cloud businesses. The investment, part of the first phase in several US states, reflects the company’s ongoing global expansion. This follows previous investments in Saudi Arabia, Thailand, and Turkey.

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