"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," Sajwani said of the planned investment.

Dubai-based real estate developer Damac, has announced its strategic entry into the US data centre market, marking a transformative phase in its international expansion

Dubai developer DAMAC Properties will invest at least $20 billion "over a very short period of time" in the U.S., primarily in data centers in the middle of the country, President-elect Donald Trump announced Tuesday, as the company's billionaire founder and CEO, Hussain Sajwani, stood nearby.