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THIS MORNING: Yachts set to move more easily between Dubai and Abu Dhabi + Scrap metal now subject to VAT reverse charge mechanism
Plus: Construction contracts are up in 9M 2025, and the property boom is still to thank
THIS MORNING: Is G42 no longer an investor in Cerebras? + Macron discusses more investments in AI, energy, and tech with UAE president
Plus: Oil prices ticked up in Asia this morning as the US tightened its blockade on oil tankers coming in…
Brookfield’s real-asset moment
Brookfield is leaning into infrastructure where AI-driven demand meets inflation-linked, long-duration revenues
Legend earmarks AED 500 mn to expand Jafza facility + M42 opens hospital in Bahrain
Plus: Edge inks US partnership for metal production
Job seekers are leaning on microcredentials and online courses amid rising competition and demand for new skills
Coursera CEO Greg Hart tells us the majority of employers are more likely to hire someone with a microcredential
BIS flags bubble-like conditions in gold, US equities
The bank noted this is the first time in at least five decades that equities and gold have hit bubble…
Arabian Gulf Investment and Green Harbor to launch a USD 500 mn fund that targets tech-based sectors
It will focus on local and global IPOs, prioritizing sectors such as advanced technology, AI, and robotics
Khazna to develop 200 MW data center capacity in KSA
The firm has uptaken a 225k sqm in Dammam to develop up to 200 mw of AI-ready data center capacity
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