{"id":108472,"date":"2025-10-15T00:00:00","date_gmt":"2025-10-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/"},"modified":"2025-10-15T00:00:00","modified_gmt":"2025-10-15T00:00:00","slug":"this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/","title":{"rendered":"THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, lovely people. <\/strong>We have a packed issue for you this morning as we enter day three of Gitex, and as expected, it\u2019s dominated by tech-related news. We have a rundown of all the big agreements \u2014 a lot of which are AI-related \u2014 in today\u2019s news well, below, as well as a rush of data centers \u2014 and cooling and energy demand they will bring \u2014 coming our way. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Plus: <\/strong>3Q real estate reports are starting to trickle in, and it\u2019s looking like there was no slowing the property market in Dubai down during the summer months. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- ADGM proposes new draft rules for temporary commercial and activity permits. <\/strong>Let\u2019s dive in. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- <\/strong>Temperatures are still falling in both Dubai and Abu Dhabi, with Dubai seeing a high of 36\u00b0C and a low of 29\u00b0C, and the capital seeing a high of 35\u00b0C and a low of 28\u00b0C, according to our favorite weather app.<\/p>\n<p class=\"tag-border-left\">UPDATE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EN<\/strong><strong>BD\u2019s<\/strong><strong> dim sum listing lands in Dubai: <\/strong>Emirates NBD\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d3eddb32-a3b0-4f4d-bc8a-f7f9b9b6502d\/emirates-nbd-returns-to-the%253cmark%253e-dim-sum%253c%2Fmark%253e-market-with-a-cny-1-bn-issuance\" style=\"\" rel=\"noopener\">CNY 1 bn (USD 140 mn) dim sum<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d3eddb32-a3b0-4f4d-bc8a-f7f9b9b6502d\/emirates-nbd-returns-to-the%253cmark%253e-dim-sum%253c%2Fmark%253e-market-with-a-cny-1-bn-issuance\" style=\"\" rel=\"noopener\">bond<\/a>, which was issued in August, is now listed on Nasdaq Dubai, according to <a target=\"_blank\" href=\"https:\/\/www.nasdaqdubai.com\/exchange\/media\/press-releases\/nasdaq-dubai-welcomes-cny-1-billion-bond-listing-by-emirates-nbd-strengthening-links-with-asian-markets\" style=\"\" rel=\"noopener\">a press release<\/a>. The note, which priced at 2.40% with a 2028 maturity, was issued under the lender\u2019s USD 20 bn EUR Medium Term Note Program, bringing its total Dubai-listed debt to USD 5.4 bn across nine instruments. The total outstanding value of debt securities listed on Nasdaq Dubai reached USD 140 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The move, which marks the bank\u2019s return to the offshore Chinese bond market after more than a decade, diversifies its funding base<\/strong> and reflects the emirate\u2019s growing financial links with Asian markets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates NBD has been active global debt markets this year:<\/strong> In January, the lender sold <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/40901a29-60fe-4d38-851c-1aca42993887\/emirates-nbd,-aldar,-and-fab-tap-debt-markets\" style=\"\" rel=\"noopener\">USD 700 mn<\/a> in five-year senior Formosa unsecured notes listed on the Taipei Exchange, while in June it issued a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c11ee40a-979a-4b2b-ba41-83ed5417432f\/%253cmark%253eemirates-nbd%253c%2Fmark%253e-taps-banks-for-kangaroo-bond-issuance\" style=\"\" rel=\"noopener\">10-year AUD 600 mn (USD 391 mn) kangaroo bond<\/a> under its AUD 4 bn program.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS-<\/strong> Bank of China, Emirates NBD Capital, ICBC, and Standard Chartered quarterbacked the transaction as joint lead managers and bookrunners.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>#1- G42 to launch sovereign<\/strong><strong> AI cloud in France soon:<\/strong> G42 will launch its sovereign AI cloud in France in the next few months as part of its global expansion, G42 Acting Group Chief Global Affairs Officer Talal Al Kaissi told state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bm78mm0-g42-launch-sovereign-cloud-france\" style=\"\" rel=\"noopener\">Wam<\/a>. The project, developed under the <a target=\"_blank\" href=\"https:\/\/digital-strategy.ec.europa.eu\/en\/news\/eu-announces-ai-factories-antennas-across-member-states-and-partner-countries\" style=\"\" rel=\"noopener\">recently-launched AI Factories Antennas initiative<\/a> to boost Europe\u2019s AI and supercomputing capacity, will be operated by subsidiary Core42, which has already set up infrastructure in Grenoble ahead of launch.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>G42 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d66c47a7-f7ca-4cf8-95dd-94f2353d9b99\/appliedai-lands-usd-55-mn-series-a-funding-round-led-by-g42\" style=\"\" rel=\"noopener\">said it will establish an AI data center in Grenoble in partnership with AI hosting firm DataOne<\/a>, led by Core42 and powered by AMD AI technologies. The facility will supply French enterprises and researchers with high-performance computing resources and was expected to go live by mid-2025. Abu Dhabi AI fund MGX is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/964d2ba1-4872-423a-a2af-0a770161b4e3\/this-morning:-mgx-to-invest-in-french-ai-%2B-anthropic%3F\" style=\"\" rel=\"noopener\">planning to invest<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/964d2ba1-4872-423a-a2af-0a770161b4e3\/this-morning:-mgx-to-invest-in-french-ai-%2B-anthropic%3F\" style=\"\" rel=\"noopener\">USD 30-50 bn<\/a> in a data center and AI campus in France.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Things are a bit slower here at home: <\/strong>The AI firm is still working on finalizing details for the remaining 4 GW of the UAE\u2019s planned <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/8d9ad766-614b-4147-a0a1-401a806c3fd8\/more-details-on-the-us-uae-mega-ai-campus\" style=\"\" rel=\"noopener\">5 GW Stargate AI campus<\/a>, with the firm in discussions with \u201cother hyperscalers from the US\u201d regarding the remaining capacity, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/media-telecom\/first-200-mw-uaes-stargate-ai-campus-come-online-next-year-2025-10-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> cites Al Kaissi as saying. We previously reported that final negotiations remain \u201cfar from finalized,\u201d with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/240384c8-59b5-4cfd-ad47-1671897dec8b\/uae-usd-ai-megaproject-stalling%3F\" style=\"\" rel=\"noopener\">security concerns<\/a> over Chinese tech access continuing to slow progress, and OpenAI was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/8d9ad766-614b-4147-a0a1-401a806c3fd8\/more-details-on-the-us-uae-mega-ai-campus\" style=\"\" rel=\"noopener\">reported to be a major tenant<\/a> of the AI campus.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The Abu Dhabi-backed firm is developing the project <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9e9721a7-9b81-43d6-8010-2cba5e142991\/g42-to-develop%253cmark%253e-stargate%253c%2Fmark%253e-uae-alongside-us-ai-powerhouses\" style=\"\" rel=\"noopener\">with Nvidia, OpenAI, Cisco, Oracle, and SoftBank<\/a> as part of the US\u2019s wider <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/83962672-34d6-4fa0-9c03-2159613a897a\/inside-trump%25e2%2580%2599s-usd-500-bn-ai-project%253cmark%253e-stargate%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">USD 500 bn Stargate infrastructure platform<\/a> and a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3261fa8a-9604-492d-88c8-a0108899f5fa\/uae,-us-ink-usd-200-bn-investment-agreements-in-ai,-critical-minerals,-and-energy\" style=\"\" rel=\"noopener\">USD 200 bn US-UAE investment pact<\/a>. The first phase, Stargate UAE, is slated to launch in 2026. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>First 200 MW still on track for 2026: <\/strong>The first 200 MW of power is still set to come online next year, Al Kaissi confirmed. The multi-bn-USD hub will be powered by nuclear, solar, and natural gas, aiming to become one of the world\u2019s largest AI data center networks.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>#2- Emirates NBD could get a formal nod from the Reserve Bank of India for a controlling<\/strong><strong> stake in Indian private lender <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.rblbank.com\/\" style=\"\" rel=\"noopener\">RBL Bank<\/a><\/strong>, after it said it was open to allowing the transaction, according to two sources <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/indias-rbl-bank-climbs-reports-emirates-nbd-is-advanced-talks-stake-buy-2025-10-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> says are familiar with the matter. The UAE lender is reportedly after a 51% stake in the Indian bank, which could set it back about INR 150 bn (USD 1.69 bn), <a target=\"_blank\" href=\"https:\/\/www.livemint.com\/news\/emirates-nbd-acquire-controlling-stake-in-rbl-bank-yes-bank-sumitomo-rbi-deal-transaction-jp-morgan-11760347117510.html\" style=\"\" rel=\"noopener\">Mint<\/a> reports. Current regulations cap foreign ownership in Indian banks at 15%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know: <\/strong>The transaction is expected to include the acquisition of a 26% stake from institutional investors, followed by an open offer for an additional 25%, though voting rights may be capped at 26% to comply with RBI norms. JPMorgan is advising Emirates NBD on the potential acquisition.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Dubizzle eyes fintech, proptech, and auto acquisitions: <\/strong>Dubai-based classifieds giant Dubizzle Group is exploring potential acquisitions of fintech, proptech, and automotive firms closely tied to its core business, CEO Imran Ali Khan told Asharq Business (<a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/technology\/102366\/%D8%A7%D9%84%D8%A5%D8%B9%D9%84%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D9%8A%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%AF%D8%B9%D9%85-%D9%86%D9%85%D9%88-%D8%A5%D9%8A%D8%B1%D8%A7%D8%AF%D8%A7%D8%AA-%D8%AF%D9%88%D8%A8%D9%8A%D8%B2%D9%84\/\" style=\"\" rel=\"noopener\">watch, runtime: 11:06<\/a>). The company previously expanded through acquisitions such as <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ee2c3e26-325e-495b-a93d-4c7c873f2b7a\/dubizzle-group-is-the-new-owner-of%253cmark%253e-property-monitor%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">Property Monitor<\/a>, which tracks UAE real estate data, and automotive platform <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/405d2695-3a2f-459f-ad36-c9b0c76777f3\/dubizzle-acquires-automotive-news-platform%253cmark%253e-drive-arabia%253c%2Fmark%253e-%2B-ega-completes-leichtmetall-acquisition\" style=\"\" rel=\"noopener\">Drive Arabia<\/a>, and is preparing for a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/729107ba-c701-4334-928b-dd4de21fc54f\/%253cmark%253edubizzle%253c%2Fmark%253e-pulls-the-trigger-on-its-long-awaited-dubai-ipo\" style=\"\" rel=\"noopener\">30.3% IPO on the DFM<\/a>.<\/p>\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- You can now complete real estate sales online in Dubai: <\/strong><a target=\"_blank\" href=\"https:\/\/dubailand.gov.ae\/en\/\" style=\"\" rel=\"noopener\">Dubai<\/a><a target=\"_blank\" href=\"https:\/\/dubailand.gov.ae\/en\/\" style=\"\" rel=\"noopener\">Land Department (DLD)<\/a> has rolled out the first phase of its new \u201cDigital Sale\u201d service on the <a target=\"_blank\" href=\"https:\/\/dubainow.dubai.ae\/\" style=\"\" rel=\"noopener\">Dubai Now<\/a> app, allowing real estate transactions to be completed entirely online, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2025\/october\/13-10\/dubai-land-department-unveils-digital-sale-service-on-dubai-now-app\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. The new service enables buyers and sellers to complete property registration and sale procedures through the app, which also issues ownership certificates.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The feature currently applies to freehold properties <\/strong>\u2014 residential units, commercial units, and townhouses \u2014 that are no-mortgage and owned by a single holder. Both parties must hold Emirates IDs, an active UAE Pass account to provide digital signatures, and a local bank account.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Automatic license renewals in Abu Dhabi are now a thing\u2026:<\/strong> Abu Dhabi has launched TAMM AutoGov, the latest feature of its one-stop government services platform, which automatically handles and manages recurring services such as license renewals, utility payments, and scheduling healthcare appointments, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/technology\/department-of-government-enablement-launches-tamm-4-during-gitex-global-2025\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. The service acts as an AI public servant, and is in line with Abu Dhabi\u2019s plans to become the world\u2019s first AI-native government by 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the pipeline: <\/strong>TAMM is also expanding to include family, mobility, and health hubs, organizing essential services in each of these segments as part of TAMM Spaces. Meanwhile, TAMM by You is a voting platform that will allow users to have their say on future services, and TAMM Hologram will be rolled out across the emirate using hologram technology to connect citizens and residents with agents.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- \u2026as are gov\u2019t<\/strong><strong> fee installments: <\/strong>The Federal Authority for Identity, Citizenship, Customs and Port Security introduced a new payment plan allowing customers to pay service fees of AED 500 or more in no-interest installments using credit cards from 10 local banks, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bm78mj1-federal-authority-for-identity-citizenship\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Payments can be spread over three to 12 months, depending on each bank\u2019s terms.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Participating lenders include: <\/strong>Our friends at Mashreq, along with First Abu Dhabi Bank, Abu Dhabi Islamic Bank, Abu Dhabi Commercial Bank, Emirates NBD, Emirates Islamic Bank, Commercial Bank of Dubai, Sharjah Islamic Bank, RAKBANK, and Commercial International Bank. Visa International is also part of the initiative.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Dub<\/strong><strong>ai launches new system to streamline customs checks\u2026:<\/strong> Dubai Ports and Borders Security Council has inaugurated a new advanced cargo information (ACI) system set to boost customs security and limit the need for field inspections through smart data analysis, according to a <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/ar\/news\/2025\/october\/13-10\/mansoor-bin-mohammed-attends-launch-of-ai-powered-advance-cargo-information-system\" style=\"\" rel=\"noopener\">statement<\/a>. The ACI will permit the receipt of shipment data prior to leaving the exporting country in a bid to lessen time to obtain information before the actual shipment. The system applies load data from sea and air ports as well as customs data to ensure the accuracy and speed of risk analysis. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- \u2026and a new berth rental platform:<\/strong> Dubai\u2019s Ports, Customs, and Freezone Corporations (PCFC) has launched a unified digital platform \u2014 named Marsa \u2014 to manage berth rentals under the supervision of the Dubai Maritime Authority, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/pcfc-unveiled-its-groundbreaking-project-port-eye-the-first-of-its-kind-in-the-region-as-part-of-its-advanced-portfolio-of-gitex-global-2025-buptyfjc\" style=\"\" rel=\"noopener\">statement<\/a>. The platform is set to automate the entire berth rental process, including applications, fee calculation, invoicing, and smart payments. It will operate across 20 marinas with a 4.2k marine vessel capacity. The platform is also poised to standardize lease contracts and link them to electronic payment systems.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>That\u2019s not all:<\/strong> The PCFC also launched additional projects, including an advanced drone-based system \u2014 named Port Eye \u2014 to monitor ship movement and docking. An innovative navigation training simulator \u2014 named Smart Navigation \u2014 was also integrated to train port personnel. <\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.gitex.com\/\" style=\"\" rel=\"noopener\">GITEX Global<\/a><\/strong><strong> kicked off earlier this week and is running until Friday <\/strong>at the Dubai World Trade Center. The tech expo gathers major industry players including from G42 and Cerebras, as well as government officials, and innovators under one roof to showcase developments in AI, cloud computing, cybersecurity, quantum technologies, and digital infrastructure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.expandnorthstar.com\/\" style=\"\" rel=\"noopener\">Expand North Star<\/a><\/strong><strong> is on its final day at Dubai Harbour<\/strong>. The exhibition brings together over 2k startups, 1k investors, and accelerators from across over 100 countries to explore trends shaping the global startup ego system.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/iucncongress2025.org\/\" style=\"\" rel=\"noopener\">IUCN World Conservation Congress<\/a><\/strong><strong> is also wrapping up today<\/strong><strong> in Abu Dhabi.<\/strong> The congress gathers government officials, academics, and members of the civil society to discuss the challenges facing sustainability and nature conservation, as well as the policy decisions influencing the conservation agenda. The event will be divided into three components \u2014 a forum, exhibition, and a members\u2019 assembly to address how businesses should integrate sustainability into their strategies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/initiatives.weforum.org\/future-of-growth-initiative\/gfc\" style=\"\" rel=\"noopener\">The Global Future Councils<\/a><\/strong><strong> annual meet kicked off yesterday in Dubai<\/strong> and will run until tomorrow. Hosted by the UAE government in collaboration with the World Economic Forum, the annual summit convenes leaders, ministers, and industry experts to shape policy frameworks on global issues, including energy transition, future cities, and the governance of emerging technologies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/meetings.imf.org\/\" style=\"\" rel=\"noopener\">World Bank and IMF annual meetup<\/a><\/strong><strong> began in Washington today<\/strong>, after kicking off the weeklong set of meetings yesterday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.evolveshow.ae\/en\" style=\"\" rel=\"noopener\">Evolve Future Mobility Show<\/a><\/strong><strong> is running from today until Saturday<\/strong> at the Expo Center in Sharjah. The event will host 200 international exhibitors as well as industry leaders, policymakers, and entrepreneurs, to explore the use of EV technology in key sectors of sustainable mobility.<\/p>\n<p class=\"tag-border-left\"> THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Government bonds rallied yesterday as equities took a hit and investors piled into<\/strong><strong> safe haven assets<\/strong> following renewed tensions between the US and China as the latter faces a 100% tariff on its goods after it tightened export controls on rare earth minerals. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The yield on the UK\u2019s benchmark 10-year government bond \u2014 gilts \u2014 lost 8 basis points<\/strong>, while yields on US 10-year Treasuries fell 3 basis points, and yields on bonds in France, Germany, Italy, Australia, and Japan all edged lower. (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/10\/14\/global-government-bonds-rise-as-trump-slaps-new-100percent-tariffs-on-china.html\" style=\"\" rel=\"noopener\">CNBC<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, US Federal Reserve Chair Jerome Powell signaled he would back another rate cut<\/strong> as preliminary labor market data shows signs of distress, despite the official jobs market data being delayed to the ongoing US government shutdown. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/57f33655-e4b4-4bea-ac1d-c5545924f73f\" style=\"\" rel=\"noopener\">Financial Times<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CLOSER TO HOME- The fragile Israel-Hamas ceasefire agreement has already started to face snags<\/strong>, just a day after US President Donald Trump heralded the end of the war during his visit to the region. Israel said it would limit the volume of humanitarian aid going into Gaza to half since Hamas has failed to return the bodies of some of the deceased hostages, as was agreed. Hours later, though, Hamas delivered some of the bodies, but US President Donald Trump is threatening Hamas with retaliation if it does not lay down its arms. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The question of Hamas\u2019 disarmament remains contentious<\/strong>, with Hamas yet to comply as it deploys hundreds of security forces in Gaza and follows through with executions of several people accused of collaborating with Israel. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/hamas-fighters-tighten-grip-gaza-clouding-future-ceasefire-2025-10-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-14\/israel-to-cut-gaza-aid-in-early-setback-for-trump-s-hostage-deal?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/oct\/14\/israel-limits-aid-keeps-rafah-crossing-closed-dispute-hostage-remains\" style=\"\" rel=\"noopener\">Guardian<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump is also threatening to cut financial aid to Argentina if current president \u2014 and Trump ally \u2014 Javier Milei loses the upcoming election<\/strong>, threatening a USD 20 bn commitment to the country. (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/2025\/oct\/14\/trump-threatens-to-cut-us-aid-to-argentina-if-milei-loses-election\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/americas\/trump-meet-argentinas-milei-us-advances-20-billion-bailout-2025-10-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/argentina-donald-trump-javier-milei-imf-c6f37a00c96f8aa321324ff443147b4e\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2025\/10\/14\/us\/trump-news\" style=\"\" rel=\"noopener\">New York Times<\/a>) <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq and Hassan Allam Properties.&nbsp;<a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" rel=\"noopener\">Tap or click here<\/a><span style=\"background-color: transparent;\"> to get your own copy of EnterpriseAM UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>,<\/strong> and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industry?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p class=\"tag-border-left\"> OIL WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>Global oil<\/strong><strong> supply is set to surge by 3 mn bbl \/ d in 2025<\/strong> \u2014 up from previous forecasts of 2.7 mn bbl \/ d \u2014 followed by another 2.4 mn bbl \/ d increase in 2026, according to the International Energy Agency\u2019s (IEA) latest <a target=\"_blank\" href=\"https:\/\/www.iea.org\/reports\/oil-market-report-october-2025\" style=\"\" rel=\"noopener\">monthly report<\/a>. The rise will be driven by higher production from Opec+ members and others outside the group. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Supply is rising faster than demand:<\/strong> The IEA trimmed its forecast for world oil demand growth this year to some 700k bbl \/ d, 40k bbl \/ d lower than its previous estimate, citing weaker macroeconomic conditions. Consumption is expected to stay muted through 2025 and 2026, with annual growth averaging around 700k bbl \/ d. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The IEA is signaling a growing supply glut<\/strong>, with global output in September already up by 5.6 mn bbl \/ d from a year ago \u2014 3.1 mn bbl \/ d of which came from Opec+. If current trends hold, global supply is estimated to exceed demand by some 4 mn bbl \/ d next year, compared to around 3.3 mn bbl \/ d last month. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>That\u2019s not what Opec said: <\/strong>In its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/222da1e8-ac88-4820-bb1e-650be53f6a6a\/\" style=\"\" rel=\"noopener\">monthly oil report<\/a>, the group kept its global oil demand growth forecast unchanged at 1.3 mn bbl \/ d for 2025 and 1.4 mn bbl \/ d for 2026 \u2014 almost double the IEA\u2019s \u2014 arguing that global supply is expected to match demand next year as the group continues to boost production.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: IEA expects supply glut in 2026<\/p>\n","protected":false},"author":1,"featured_media":108473,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1543],"tags":[489,610,195,1031,829,1201,260,7,299,599,1342,1344,266,384,389,965,6],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-108472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-adgm","tag-artificial-intelligence","tag-customs","tag-digital-assets","tag-dubai-land-department","tag-dubizzle","tag-emirates-nbd","tag-enterpriseam-uae","tag-financial-services-regulatory-authority","tag-g42","tag-investment","tag-ma","tag-oil-and-gas","tag-opec","tag-opec-2","tag-uae-china-relations","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"360f8e6e-24e0-44c7-aa55-eda3a0b64859","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/4\/1083.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL","related_issue":[108470],"teaser":"Plus: IEA expects supply glut in 2026","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.104ee530-6de0-40dc-8541-2721f4dd6413.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL\" \/>\n<meta property=\"og:description\" content=\"Plus: IEA expects supply glut in 2026\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-15T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"12 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL\",\"datePublished\":\"2025-10-15T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/\"},\"wordCount\":2389,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ADGM\",\"artificial intelligence\",\"Customs\",\"digital assets\",\"Dubai Land Department\",\"Dubizzle\",\"Emirates NBD\",\"EnterpriseAM UAE\",\"Financial Services Regulatory Authority\",\"G42\",\"investment\",\"M&amp;A\",\"oil and gas\",\"OPEC\",\"OPEC+\",\"UAE-China relations\",\"WHAT WE\u2019RE TRACKING TODAY\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/\",\"name\":\"THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-10-15T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/","og_locale":"en_US","og_type":"article","og_title":"THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL","og_description":"Plus: IEA expects supply glut in 2026","og_url":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/","og_site_name":"UAE","article_published_time":"2025-10-15T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"12 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL","datePublished":"2025-10-15T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/"},"wordCount":2389,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?fit=%2C&ssl=1","keywords":["ADGM","artificial intelligence","Customs","digital assets","Dubai Land Department","Dubizzle","Emirates NBD","EnterpriseAM UAE","Financial Services Regulatory Authority","G42","investment","M&amp;A","oil and gas","OPEC","OPEC+","UAE-China relations","WHAT WE\u2019RE TRACKING TODAY"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/","url":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/","name":"THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?fit=%2C&ssl=1","datePublished":"2025-10-15T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2025\/10\/15\/this-morning-g42-to-launch-sovereign-ai-cloud-in-france-soon-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1083.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/108472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=108472"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/108472\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/108470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/108473"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=108472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=108472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=108472"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=108472"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=108472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}