Arabian Business : Dubai’s DAMAC explores nearly $1 billion tech investments in Germany

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DAMAC de Dubaï explore près d’un milliard de dollars d’investissements technologiques en Allemagne

DAMAC is on a “fact-finding mission” in the European nation to identify potential deals, with a particular interest in data centres and tech-related opportunities/DAMAC est en « mission d’enquête » dans la nation européenne pour identifier les accords potentiels, avec un intérêt particulier pour les centres de données et les opportunités liées à la technologie.

Dubai developer DAMAC Group said it was exploring investment opportunities in Germany, willing to splurge up to a billion euros ($993 million).

Its chairman, Emirati billionaire Hussain Sajwani, said his firm is on a “fact-finding mission” in the European nation to identify potential deals, with a particular interest in data centres and tech-related opportunities.

“I see a lot of opportunity and potential, especially in Eastern Germany that I would like to explore and learn more,” he said in a statement. READ MORE