U.A.E. real estate tycoon and Trump pal has a history of audacious projects, but can he come up with the pledged $20 billion?
"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.
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 ...
Sarafat took control of Padma Bank allegedly with assistance from top police and intelligence officials during the AL regime ...
Hussain Sajwani has built swaths of the Middle East’s glitziest commercial hub and made an ally of the US president-elect ...
DUBAI (Reuters) - MANTRA, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer DAMAC Group to tokenise assets in the Middle East worth at least $1 billion, ...
The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.
The company is part of Damac Group, a major presence in Dubai's burgeoning real estate market that is known for its megaprojects, which include luxury high-rises, hotels and villas in both Europe ...