UAE Launches $10 Billion AI Fund to Become World’s Leading AI Economy
The UAE government has unveiled a landmark $10 billion artificial intelligence investment fund, committing the Emirates to becoming the world's leading AI-powered economy by 2031.
Gulf Region Set to Host 40% of World’s New Renewable Energy Capacity by 2030
A landmark IEA report projects the Gulf region will host 40% of all new global renewable energy capacity added between now and 2030, driven by Saudi, UAE and Oman megaprojects.
GCC Unified Digital Currency: Six Nations Agree to Launch ‘Gulf Digital Dinar’ by 2027
All six GCC member states have reached a historic agreement to launch a unified digital currency — the Gulf Digital Dinar — by 2027, in what would be the world's first multinational central bank digital currency.
Middle East AI Startup Ecosystem Raises Record $8 Billion in 12 Months — Rivalling Silicon Valley
Middle East AI startups raised a record $8 billion in venture capital over the past 12 months, with Dubai and Riyadh emerging as the two dominant hubs in a region increasingly rivalling Silicon Valley for early-stage AI investment.
Saudi Crown Prince Unveils New Economic Vision: $3 Trillion Economy by 2040
Saudi Arabia has announced an ambitious expansion of Vision 2030, targeting a $3 trillion economy by 2040 with new pillars in green energy, advanced manufacturing, and digital infrastructure.
