Here is your Forbes Daily Briefing for Friday, January 10th. Today on Forbes, exclusive, Trump's

Dubai billionaire pal discusses his promise to invest $20 billion into U.S. President-elect

Donald Trump is scoring deals and making headlines even before he returns to the White House.

On Tuesday, he held a news conference at his Mar-a-Lago resort in Florida to announce a promised

$20 billion investment in U.S. data centers from fellow real estate mogul Hussein Sajwani.

That makes Sajwani, a Dubai-based property developer and long-time Trump

business partner, the latest foreign billionaire to announce a headline-grabbing deal with Trump

since his election victory in November. Last month, Japan's Masayoshi Sun, who founded

investment firm SoftBank, promised to put $100 billion in the U.S. over the next four

years. So, what's the attraction for Sajwani? It's surely one way to curry favor with Trump,

with whom he's done business before. And of course, there's the AI boom. Speaking Tuesday on a

video call from a wood-paneled room at Mar-a-Lago, where he's been staying for the past nine days,

the 71-year-old Sajwani told Forbes, quote,

We've been studying the market, and we think it's the right time now. There's a huge demand for AI.

I think the new administration will be more pro-business, and we're excited about the coming four years.

Sajwani told Forbes that he had been mulling an investment in the U.S. data centers last year,

but decided to press forward with his plans after Trump's election victory in November.

Another billionaire Sajwani met at Mar-Lago was Elon Musk, who has been spending much of

his time by Trump's side

since the November election, and was also named by Trump to co-lead a new advisory body, the Department

of Government Efficiency. Since 2022, Sajwani says he's put up to $2 billion into American

private equity firms and startups, including investments in Musk's SpaceX in

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