Hussain Sajwani's $66B Data Center Investment
Analysis based on 6 articles · First reported Jun 10, 2026 · Last updated Jun 14, 2026
The significant investment by Hussain Sajwani and DAMAC Digital into data centers is expected to boost the technology and real estate sectors, particularly in the countries where these centers are being built. This move signals strong confidence in the growth of AI and cloud services, potentially increasing competition for established players like Equinix and driving innovation in the data center industry.
Hussain Sajwani, chairman of DAMAC Properties, is making a multi-billion dollar investment in data centers globally through his subsidiary DAMAC Digital. Inspired by the surge in e-commerce during the Covid-19 pandemic and the subsequent AI boom, Sajwani plans to build 6,000 megawatts of data center capacity across 13 countries, costing approximately $66 billion. DAMAC Digital has already completed sites in Thailand and Saudi Arabia, with eight expected to be operational by year-end, and aims to surpass Equinix as the world's largest data center provider. This strategic pivot is set to make DAMAC Digital the largest entity within Sajwani's business empire, which also includes DAMAC Properties.
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