Arab billionaire Hussain Sajwani, founder of the Damac Group, has launched a new company in Greece called Velora Data Centre S.A.. The move comes as part of Damac's broader strategy to expand its presence in the country, particularly through a high-profile partnership with Greece's state-owned Public Power Corporation (PPC) to develop cutting-edge data infrastructure. Velora was incorporated by the UK-based CAIO Holding, a company fully owned by Sajwani. The board of directors is composed entirely of individuals based in the United Arab Emirates, and the company is chaired by Anastasia Kozyraki, a senior executive at Damac Capital. Kozyraki is considered a key figure in spearheading the group's expansion into the Greek market. The establishment of Velora follows the creation, six months earlier, of Radiant Data Centre S.A.-the official operating entity of the Damac-PPC joint venture. Located in Kryoneri, just outside Athens, Radiant...