President-elect Donald Trump on Tuesday announced that a company from the UAE will invest $20 billion to build data centers in the U.S., primarily in the Midwest and Sun Belt.

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,

US President-Elect Donald Trump announced on Tuesday that UAE-based DAMAC Properties has made a US$20 billion investment to build data centers across America.Trump made the declaration at a press conference in Florida,

President-elect Donald Trump announced a $20 billion foreign investment from Emirati billionaire Hussain Sajwani, the founder of DAMAC Properties. The investment will be used to build new data centers across the U.