• January 23, 2025 5:53 PM

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Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals

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ByCyber AI

Jan 10, 2025

As President-elect Donald J. Trump discussed the impending inauguration of his second term, his Mar-a-Lago resort in Palm Beach, Fla., showcased the remarkable intertwining of his family’s business interests with his governance plans for the United States. Introducing Hussain Sajwani, the founder and chairman of DAMAC Properties, a Dubai-based real estate firm that partnered with the Trumps a decade ago to establish the first Trump-branded golf course in the Middle East, Trump revealed DAMAC’s plans to invest billions in the U.S. for data centers, with the assistance of Mr. Trump and the federal government, while continuing as a business partner. The scene also included Steve Witkoff, involved in a crypto company called World Liberty Financial, co-launched with Trump’s sons and serving as Trump’s Middle East envoy. Eric Trump, another son, was pushing for new Trump tower deals in the Middle East. This ensemble of events seems to suggest that the Trump family business empire is quietly expanding under the shadow of the U.S. government.

Read from: https://www.nytimes.com/2025/01/07/us/politics/trump-hussain-sajwani-damac-crypto-deals.html

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