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MGX invests landmark USD 2 bn in Binance
It marks the largest ever investment into a crypto company
e& sells stake in Khazna, while MGX buys in
The telecoms giant will use the proceeds to fund its own debts
UAE to invest USD 40 bn in Italy across key sectors
The agreements came after the leaders of the two countries met in Rome
THIS MORNING: MGX to invest in French AI + Anthropic?
Plus: ADQ eyes investments in Vietnam
THIS MORNING: Eshraq to invest in Shuaa’s bond offering? + Dubai to lead luxury real estate price growth this year -Savills
Plus: Abu Dhabi Airports saw record passenger growth in 2024
Jumeirah Group to double portfolio by 2030 + Oracle plans to increase Abu Dhabi investment fivefold
Sukuk represented 44% of the ESG debt capital market in the GCC, which totaled USD 46.3 bn last year
THIS MORNING: Is MGX eyeing an investment in Elon Musk’s AI startup? + A new USD 1 bn fund is coming to Abu Dhabi
Plus: Abu Dhabi eyes Cyprus’ gas sector
MGX backs OpenAI in bumper USD 6.6 bn funding round
The funding round values the ChatGPT maker at USD 157 bn
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