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New defense JV and agreements, Dubai Holding makes moves in Mallorca, and CE Ventures backs US biotech
Edge signed an agreement with Barzan for a JV for advanced defense technologies, while Calidus and a US firm will…
THIS MORNING: UAE joins the US’ Board of Peace + Autonomous vehicle regulation is coming to RAK
Plus: G42 is set to receive advanced chips within the next couple of months
THIS MORNING: Adnoc eyes Venezuelan oil + National Bank of Canada sets up shop in Dubai
Plus: Mubadala takes a stake in new carved-out Reliance consumer arm
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…
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
Switzerland’s Julius Baer to launch advisory outpost in ADGM
Plus: Air Arabia rolls out London service as of next March
THIS MORNING: US approves Nvidia chip exports to G42 + UAE-Canada investment pact on the way?
Plus: HSBC to roll out tokenized deposits in the UAE
UAE gets ink for AI drive + drawing in Chinese wealth
More wealthy Chinese individuals are choosing Dubai for their family offices instead of Singapore
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