Tag: Technology
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Abu Dhabi Bets $100 Billion on AI: How MGX, Mubadala and ADIA Are Reshaping Global Tech Investment
Abu Dhabi's AI investment push — led by MGX, Mubadala, and ADIA — has committed more than $100 billion toward artificial intelligence infrastructure, with co-led investments in Anthropic, OpenAI, xAI, and Binance making the emirate one of the most consequential AI investors on the planet.
US AI Startup Positron Opens DIFC Office in First International Move, Targeting Gulf’s GenAI Surge
Positron AI, a US-based artificial intelligence inference startup, has established its first presence outside the United States at Dubai's DIFC, positioning itself to serve the Gulf's accelerating demand for next-generation AI infrastructure across healthcare, finance, and media.
Dubai Land Department Launches Blockchain Property Title Pilot, Opening Door to Fractional Ownership
The Dubai Land Department has launched a pilot to integrate blockchain-based property titles into the official land registry, enabling fractional ownership to be recorded and transferred on-chain and opening Dubai's real estate market to a new class of investor.
GCC Fintech Enters New Era as Saudi Arabia Issues First Open Banking Licences and Blockchain Payments Go Live
Saudi Arabia's SAMA has issued its first live open banking licences, transitioning from sandbox to full commercial operations, while Riyad Bank and Bahrain have completed live blockchain payment pilots — marking a turning point for GCC financial services innovation.
du Ventures Launches $50 Million Fund to Back UAE Fintech, AI and Cybersecurity Startups
UAE telecommunications company du has announced the launch of du Ventures, a US$50 million corporate venture fund that will invest in early and growth-stage...
