Jonathan Ferziger

Khaldoon Al Mubarak, Chairman of Manchester City F.C. and Group CEO of Abu Dhabi’s Mubadala sovereign wealth fund, hailed the development of women’s soccer in the U.K. on Wednesday at the launch of a £10 million ($13.5 million) training center for Manchester City’s women’s team. “This new facility marks the next logical step in our... Read More

In today’s Daily Circuit, we’re reporting on Gulf-backed Cerebras’s $5.5 billion Nasdaq debut, UAE defense contractor EDGE buying control of Italy’s CMD, and Dubai Taxi’s $395 million acquisition of rival National Taxi. Plus, Mubadala chief Khaldoon Al Mubarak, Chairman of Manchester City F.C., visiting its women’s team to open a new $10 million training center.... Read More

Dr. Sultan Al Jaber, the UAE’s Minister of Industry and Advanced Technology, told a Washington audience that his country will continue to invest in the U.S. despite disruptions from the Iran war and volatility in global oil markets. “We invest in America because we believe in America,” Al Jaber, who is also Group CEO of... Read More

Abu Dhabi bottling and logistics facility reflects Gulf push toward localized manufacturing amid tensions from the Iran war and growing regional demand from consumers

Abu Dhabi-based Core42 said it will expand artificial intelligence operations in New York, adding new computing capacity to help meet the growing demand for AI services in the U.S. The expansion will bring Core42’s total capacity at its Lake Mariner campus in upstate New York to more than 100 megawatts, making it one of the... Read More

Badri, CEO of the Dubai Economic Development Corp., spoke on a panel at the UBS Asian Investment Conference Wealth Forum in Hong Kong

The deal pairs G42's experience in artificial intelligence with Santander's global customer base, banking expertise and regulatory know-how

Uber is looking to bring autonomous vehicles, air taxis and drones to the Gulf, betting that governments there will move faster than many Western markets to approve the technology. “So the Middle East, especially if you look at Abu Dhabi, Dubai, Saudi Arabia, they are on it.” Uber CEO Dara Khosrowshahi said in an interview... Read More

Zoom has opened a new data center in Saudi Arabia as part of a $75 million effort to improve its video platform in the kingdom and expand its presence in the Middle East. The new facility targets business customers and government agencies, providing faster and more connections by keeping the operation within Saudi Arabia, Mohannad... Read More

The UAE company, backed in part by Investcorp, is positioning itself as a bridge between digital banking and the strict rules of Islamic finance