DAMAC Properties, a UAE-based luxury property developer, has announced a significant investment of at least $20 billion in the United States. The company's CEO attributes the decision to President Trump's election, stating they have been waiting for the right opportunity to make this investment.
DAMAC Properties, a United Arab Emirates company, felt inspired to invest after Trump won in November.
It’s a great thing, and I believe he will say that he’s doing it because of the fact that he was very inspired by the election. They wouldn’t do it without that election, I can tell you a lot of people wouldn’t. You saw last week where we have somebody who’s going to go from $100 to $200 billion, and we have many other people, and we’ll be bringing some of them out. Some of them like to do it somewhat more quietly and some don’t.
Thank you, Mr. President. It’s been amazing news for me and my family when he was elected in November. We’ve been waiting four years to increase our investments in the U.S. with a very large amount of money.
INVESTMENT REAL ESTATE DATA CENTERS TRUMP ADMINISTRATION UAE
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