Trump announces $20B US investment by Emirati businessman
This authoritative-secondary source from Associated Press supports 2 claims across 2 ledger entries.
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Claims supported by this source
- factreported
The Associated Press identified DAMAC leader Hussain Sajwani as a close Trump family business partner and reported that DAMAC built Trump International Golf Club Dubai and paid the Trump Organization a licensing fee worth millions; AP did not state an exact licensing-fee amount.
Sajwani's DAMAC paid the Trump Organization licensing fees worth millions · Trump family business partner at the January 7, 2025 announcement · reviewed 2026-09-03
- factreported
The Associated Press reported that Trump and DAMAC leader Hussain Sajwani announced a planned $20 billion U.S. data-center investment. The report did not establish that the full plan had been spent or convert the plan into personal income for either man.
Trump and Sajwani announce a planned $20 billion data-center investment · Investment plan announced · reviewed 2026-09-03