‘The sky is the limit’ on Damac investment in the U.S., property giant’s chief says

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'The sky is the limit' on Damac investment in the U.S., property giant's chief says

A view of Damac logo in Dubai city center. February 10, 2018, Dubai, United Arab Emirates.

Artur Widak | NurPhoto via Getty Images

DUBAI, United Arab Emirates — The sky’s the limit when it comes to Dubai property giant Damac’s investment in the U.S., the company’s chairman told CNBC on Thursday.

Two days prior, President-elect Donald Trump announced a $20 billion foreign investment to build new data centers across the United States — adding that Sajwani was pledging “at least” that amount.

This breaking news story is being updated.

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