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Adia backs GL Capital’s continuation vehicle for SciClone Pharma + MGX invests in DataBricks, OpenAI again
GL Capital first invested in SciClone in 2012
MGX takes stake in TikTok alongside Oracle, Silver Lake
The transaction reportedly values the business at USD 14 bn
Presight, Shorooq launch USD 100 mn global AI fund
The fund will target AI, machine learning, and data analytics startups across multiple sectors
Dubai first globally for greenfield FDI volumes in 1H
The emirate saw 643 greenfield projects during 1H, making it the highest number recorded by fDI Markets for a six-month…
UAE directed USD 106.5 bn into green FDI between 2020-24 -strategy&
The funds were mainly allocated to Mauritania, Egypt, South Africa, Spain, and India
UAE-based Pulsar backs Solmate, dual listing in the UAE on the cards
The firm holds stakes in sports teams
Adia doubles down on private equity, data-driven strategies
Active strategies made up 54% of the portfolio last year, with 46% run passively.
Sharjah sees FDI jump more than 300% in 1H 2025
The performance was attributed to the emirate’s vision and the integration of pro-investment policies
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