UAE property tycoon Sajwani makes $1 billion bet on data centers - CNBC


3/17/2022 12:00:00 AM3 years 1 month ago
by Dan Murphy, Joan Muwahed, Natasha Turak

"We have the cash to inject, we've hired a very good team… we can build them at a more reasonable cost than our competitors," the property mogul said.

DUBAI, United Arab Emirates Emirati property magnate Hussain Sajwani will invest $1 billion to build a global network of data centers under his recently launched Edgnex venture, marking a pivot to di… [+2238 chars]

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