Via Reuters, an article on a new collaboration between ADQ around minerals: Abu Dhabi sovereign wealth fund ADQ has teamed up with Orion Resource Partners to form a joint venture that will invest in metals and mining, ADQ said on Thursday, as the wealth fund expands its critical minerals portfolio. Under the 50-50 JV, which […]
Read more »Via Reuters, a report on Kenya’s decision to approach UAE for railway funding after China cut financing: Both sides to carry out feasibility study, Ruto says Kenya also finalising loan with UAE for budget support UAE says Kenya a gateway to East Africa Kenya has started discussions with the United Arab Emirates to secure financing […]
Read more »Via The Economist, a report on the Gulf states’ efforts to become tech superpowers: Few middle powers have the towering technological ambitions of the rich Gulf states. As they seek to shift their economies away from fossil fuels, the Emiratis want to lead the world in artificial intelligence (AI) and the Saudis want the kingdom to […]
Read more »Via NoahOpinion, bullish commentary on the Middle East: If you looked at Europe in the mid-1600s, you would probably think something along the lines of “Wow, these guys are not going to make it.” Even though the region was already seeing economic growth from colonialism and the expansion of global trade, much of it had […]
Read more »Via The National, a report on a project that will see clean energy produced in Albania exported to Italy across the Adriatic as part of the three-nation agreement: The UAE, Italy and Albania are teaming up to build a subsea interconnector for exporting renewable energy across the Adriatic. As part of the deal, green power produced in Albania […]
Read more »Via Wired, an article on Tahnoun bin Zayed al Nahyan—the UAE’s chess-obsessed, jiujitsu-loving intelligence chief—controls vast sums of sovereign wealth. America’s AI giants are scrambling for a piece of it. For a while in the mid-2000s, a refrigerator-sized box in Abu Dhabi was considered the greatest chess player in the world. Its name was Hydra, and it was a […]
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