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Du plans 1 GW AI park in Dubai
The park will host hyperscale, liquid-cooled data centers with up to 1 GW capacity
United Arab Bank could sell USD 800 mn in non-performing loans
PLUS- Luxury and ultra-luxury home transactions are up in Dubai
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…
AI fintech Optasia eyes USD 375 mn South Africa IPO
The IPO is still subject to JSE approval
Majid Al Futtaim tapped for Saudi Vision 2030 project
Plus: Nanjing Kenyo building UAE’s largest 3D printing facility in Abu Dhabi
UAE, France hold bilateral talks on economy and tourism
The two sides discussed cooperation on sustainable transport, digital technologies, and circular economy initiatives
AI hype intensifies — but signs of a bubble burst are alarming
S&P 500 closed on record high 27 times since June to date due to AI bullishness
AD Ports to develop auto hub network with China + More EV chargers coming our way
Plus: Eshraq Investments expands into the maritime and industrial sector
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