More tech wagers from Mubdala + a Sharjah-Oman logistics corridor

More tech wagers from Mubadala

Abu Dhabi sovereign wealth fund Mubadala Capital acquired a new stake in US software and data analytics firm Palantir Technologies during 1Q, according to regulatory filings. Mubadala’s position in Palantir was valued at roughly USD 10 mn for some 68k shares.

What Palantir does: The firm builds AI-driven data and decision-making software used across defense, intelligence, industrial, and commercial operations — spanning everything from battlefield analytics and military planning to supply-chain management and factory operations.

Why it matters: The investment fits into a wider shift in Mubadala’s strategy toward resilience-linked technologies as geopolitical tensions and supply-chain disruptions reshape investment priorities. Just last week, the sovereign wealth fund joined a USD 200 mn funding round for Canadian quantum computing firm Photonic Inc. Mubadala isn’t alone: nearly 5k global institutions reported new positions in semiconductor firms during the quarter.

Another Oman-UAE corridor

Sharjah has launched an integrated logistics corridor linking the emirate to Omani ports through land border crossings, with Sohar positioned as the main entry point alongside Duqm and Salalah. The first shipments left Port Khalid bound to Sohar through the Khatmat Malaha crossing in Kalba, with two-way cargo movement now live after operations began on 14 May.

The corridor allows customs clearance to be handled directly at Sharjah’s border crossings, cutting out extra transfer stages and reducing processing times, cargo release delays, and land transport costs. This is supported by fast-track shipment lanes, pre-processed cargo data, and direct transport under customs supervision, with a joint Sharjah-Oman team coordinating operations and data mechanisms.