{"id":105731,"date":"2025-07-21T00:00:00","date_gmt":"2025-07-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/this-morning-xai-in-talks-with-g42-to-lease-data-centers-nividia-chip-access-stalled-further\/"},"modified":"2025-07-21T00:00:00","modified_gmt":"2025-07-21T00:00:00","slug":"this-morning-xai-in-talks-with-g42-to-lease-data-centers-nividia-chip-access-stalled-further","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/07\/21\/this-morning-xai-in-talks-with-g42-to-lease-data-centers-nividia-chip-access-stalled-further\/","title":{"rendered":"THIS MORNING: xAI in talks with G42 to lease data centers? + Nividia chip access stalled further\u2026"},"content":{"rendered":"

Good morning, lovely people. <\/strong>Our issue today features a whole lot of love for Saudi Arabia, courtesy of Al Futtaim Group, which took a big stake in one of Saudi Arabia\u2019s biggest retail operators, and Air Arabia, which entered a JV to launch a budget carrier in the Kingdom. <\/span><\/p>\n

***<\/strong><\/p>\n

BUT FIRST- We\u2019re delighted this morning to welcome our friends from Hassan Allam <\/strong>Properties as our newest pillar sponsor here on EnterpriseAM UAE. <\/strong><\/p>\n

HAP is a developer of world-class residential communities, mixed-use developments, <\/strong>and vacation homes <\/strong>that cater to families looking for exclusive experiences and private seaside getaways in prime locations across Egypt. A three-generation family business, HAP draws on 80 years of heritage and has been Egypt\u2019s premier boutique developer since the 1990s. <\/p>\n

HAP\u2019s portfolio of communities includes SwanLake Residences <\/strong>(NewCairo, ParkView NewCairo, SwanLake Katameya, and more) as well as destinations in West Cairo, El Gouna, Ain Sokhna, and, of course, the North Coast \u2014 25 integrated and sub-developments across a national footprint and in partnership with leading global industry names. <\/p>\n

Our friends at HAP share three of our most important values: Innovation, ambition, and <\/strong>family<\/strong>, and have long been our partners as the anchor sponsors of the EnterpriseAM Weekend Edition in Egypt. <\/p>\n

HAP is pursuing new opportunities in the UAE and beyond.<\/strong> Whether for investment or primary use, they see significant appetite for high-quality Egyptian real estate from Emiratis, UAE residents \u2014 and, of course, from Egyptians living and working in the Emirates. HAP trusts EnterpriseAM to deliver \u201cthe quality, the reach, and the micro-selective and targeted audiences\u201d that have marked the \u201cbrilliant success story\u201d they\u2019ve enjoyed with the EnterpriseAM Weekend Edition.<\/p>\n

HAP chose EnterpriseAM UAE for our unique ability to simultaneously reach Egyptian <\/strong>expats, global markets, and high-profile execs across our region. <\/strong>\u201cWe couldn\u2019t think of a better, more selective and targeted vehicle than EnterpriseAM \u2014 delivering the right executives and CEOs a unique early-morning report on everything that is happening economically \u2014 and in real estate, of course.\u201d<\/p>\n

Please join us in thanking HAP for their trust \u2014 EnterpriseAM UAE remains <\/strong>available without charge thanks to <\/strong>their generous support and that of our good friends at Mashreq.
<\/strong>***<\/strong><\/p>\n

WEATHER- <\/strong>It\u2019s going to be another hot and cloudy day <\/strong>with a chance of rain, according to the National Center of Meteorology, following heavy rains yesterday that hit parts of Sharjah and Al Ain. Dubai<\/strong> will see highs of 45\u00b0C and lows of 34\u00b0C. Abu Dhabi<\/strong> temperatures peak at 37\u00b0C, dipping to 34\u00b0C overnight.<\/p>\n

**<\/strong>AN APOLOGY FROM ENTERPRISEAM- <\/strong>Many readers yesterday accidentally received EnterpriseAM Egypt in Arabic despite not having signed up for that edition. One of us made a mistake during the dispatch process \u2014 you have our apologies. When you sign up for EnterpriseAM (whether the UAE edition, Egypt, Saudi, or Logistics or all of the foregoing) our promise is to send you emails relevant only to that vertical \u2014 in the language of your choice.<\/p>\n

MORNING MUST-READS-<\/p>\n

#1- The fall consumer and business tech launch window is opening a lot earlier than <\/strong>usual <\/strong>\u2014 just what you\u2019d expect from a year in which everything feels really, really accelerated:<\/p>\n