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Adnoc L&S to build, own, and operate T’aziz’s chemicals export port at Al Ruwais
Plus: Bybit secures first full virtual assets license from the SCA
US greenlights some Nvidia AI chip sales to UAE
The value of chips the UAE will receive will reportedly match the UAE’s investments in US AI infrastructure on a…
China Southern Glass to open AED 300 mn Kezad facility + Emirates Float Glass to double capacity
Plus: Omniyat launches AED 5 bn tower on Sheikh Zayed Road
THIS MORNING: EGA eyes acquisition of Brazil’s Companhia Brasileira de Alumínio? + Revolut CEO moves residency to UAE
Plus: Kuwait’s Jazeera Airways resumes flights to Abu Dhab
ADFD provides financing for GSU’s Uzbekistan acquisition
Plus: Upfront raises USD 12 mn to scale hiring and expand into Saudi Arabia
K2 partners with Malaysia on AI development
Plus: Canada’s BanQsi opens office in Dubai
Veeam appoints new EMEA lead
Baydoun will oversee the firm’s partner ecosystem across EMEA, scaling its data resilience and focusing on key AI and security…
MGX takes stake in TikTok alongside Oracle, Silver Lake
The transaction reportedly values the business at USD 14 bn
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