OIA Leads Plan for $500 Million Regional Fund
The proposed vehicle targets Central Asia and the Caucasus, with formal establishment expected in early November.
Category: Middle East News
Alpha Dhabi Commits $1 Billion to Alpha Wave III
The agreement provides indirect exposure to AI businesses, with capital to be deployed over time and applicable approvals still required.
NBB Reports Sustainable Murabaha Above $50 Million
NBB and BisB combined their capabilities in a collateralised transaction linked to the group's ESG asset portfolio.
Salalah AI Plan Separates Infrastructure From Chips
Mubbadrah says the proposed $3 billion covers core infrastructure, while financing, power arrangements and first-phase capacity remain undisclosed.
Etihad Adds Nonstop Abu Dhabi-Calgary Link
The airline announces four weekly Boeing 787 services, adding a second Canadian destination alongside Toronto.
Dubai AI Campus Sets Higher 2030 Targets
The campus aims to attract more than 1,000 AI companies and create over 5,000 jobs, according to Dubai Media Office.
IMF Outlook Puts UAE 2027 Growth at 7.7%
The October outlook also discusses AI potential, with gains dependent on readiness and effective deployment.
Emirates NBD Plans UAE-Based OpenAI Inference
The bank says its enterprise collaboration will bring GPT models into customer, risk, compliance and internal workflows.
Saudi Outlook Separates Oil Disruption From Non-Oil Resilience
Asharq Al Awsat reports an IMF forecast of contraction in 2026 followed by a rebound in 2027, subject to recovery conditions.
Saudi Arabia Approves 19 Hospitality Projects
The first programme batch is expected to attract SR6.7 billion and add more than 3,000 rooms, according to Arab News reporting of the official…