Damac’s US investment is under the spotlight of the foreign press

It’s all about Damac’s US data center investment in the foreign press this morning, with Bloomberg looking into Damac founder Hussain Sajwani’s business portfolio and highlighting skepticism regarding his plans to fund the USD 20 bn project, mainly through debt. The newswire also shared industry experts’ views emphasizing that rolling out any data centers in the US will most likely be slow, starting with small investments. Meanwhile, the Financial Times shed the spotlight on Sajwani’s relationship with Donald Trump and his efforts to expand Damac’s operations throughout the years.