Texas — already magnet for data center builds— stands to benefit from a proposed $20 billion investment announced by President-elect Donald Trump.

President-elect Donald Trump announced last week that Dubai developer DAMAC Properties will invest at least $20 billion “over a very short period of time” in data centers across the U.S., including in Texas.

Hussain Sajwani and Donald Trump have a long-standing business relationship. In 2013, they partnered to create the first Trump-branded golf course in the Middle East

Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the Middle East a decade ago.

Now, Sajwani, who has had close ties with Trump and his family over the years, seemingly has plans to supercharge the firm’s U.S. investment. Sajwani, who is in his early 70s, was at Mar-a-Lago Club in Palm Beach when Trump made the announcement of Damac’s data centers bet.

Sajwani snapped a picture with Trump and Tesla boss Elon Musk at a Mar-a-Lago New Year's celebration last week.

President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data centers across

President-elect Donald Trump has announced a $20 billion investment in US data centers from Dubai-based billionaire Hussain Sajwani, further strengthening his ties with the prominent Middle Eastern businessman.

Dubai real estate developer Damac Properties will invest $20 billion in data centres across the United States, President-elect Donald Trump announced on Tuesday.

A United Arab Emirates investment firm has pledged $20 billion to build new data centers targeting AI across a number of locations across the United States.

UAE company Damac Properties has made a $20 billion investment in the US to build data centres across the country, president-elect Donald Trump announced on Tuesday. Hussain Sajwani, founder and chairman of the Dubai-based real estate developer,

Arizona could land even more data centers as a result of a plan unveiled Jan. 7 by President-elect Donald Trump that is backed by a Middle East investor.