Trump Announces $20 Billion U.S. Data Center Investment by Dubai Billionaire Partner

Hussain Sajwani, a longtime Trump business associate, pledges significant investment tied to AI demand, raising questions about financing and potential conflicts of interest.

Hussain Sajwani, CEO of Dubai-based DAMAC Properties and Trump business partner, has pledged $20 billion to build data centers in eight U.S. states, driven by growing demand for AI infrastructure.
The investment will be executed through Sajwani's data center company, Edgnex, with partial funding from DAMAC’s cash reserves and additional bank loans yet to be disclosed.
Sajwani’s close ties to Donald Trump, including business collaborations and personal relationships, have sparked scrutiny over potential conflicts of interest as Trump prepares for his second term as U.S. president.
Trump has promised expedited environmental reviews for DAMAC's projects, part of a broader policy to incentivize foreign investments exceeding $1 billion in the U.S.
The announcement highlights the overlap between Trump’s political role and family business interests, with the Trump Organization continuing to pursue international deals and partnerships.