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Damac Chairman and founder Hussain Sajwani said if a recession is coming in the U.S., it won't last long.
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Two firms with longtime ties to The Trump Organization announced major U.S. real estate commitments Tuesday.
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Damac Properties launches luxury condo development, The Delmore, on the site of the Surfside collapse.
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The Middle East is being touted as one of the most attractive real estate markets as Chinese investors are expected to spend over $15B in the coming years.
President Donald Trump has had business ties to China for some time now, long before talks of trade war began.
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Damac International was asked to move garbage pickup and staging for the condo's construction away from a planned memorial for collapse victims.
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The new residential project will consist of two interlocking buildings
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Dubai-based Damac International commissioned Zaha Hadid Architects to design the proposed condo tower at the site of the collapsed Champlain Tower South.
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Investigators have found the likely cause of the collapse, but are still a ways away from a final report.
Is rented residential the answer for CapCo at Earls Court?
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