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Related Special Reports
...Microsoft has agreed to invest $1.5bn in Abu Dhabi artificial intelligence group G42, its latest big bet on the technology that underscores deepening collaboration between the US and United Arab Emirates...
...The state has “been talking about AI since before it was cool”, said Altman at an event in Abu Dhabi last year....
...People close to the company said RedBird was also open to bringing in investors to replace all or part of the money provided by Abu Dhabi’s IMI....
...The Barclay family has pledged its remaining primary UK businesses as security to loans provided by IMI, the Abu Dhabi investment fund, as part of a deal to buy the Telegraph, according to filings....
...The Abu Dhabi Investment Authority is seeking to capitalise on western investors’ retreat from China by offering to buy at a discount their stakes in funds managed by Hong Kong-based PAG....
...Abu Dhabi artificial intelligence group G42 has sold its stakes in Chinese companies including TikTok owner ByteDance, as the group seeks to reassure US partners by cutting ties with China. 42XFund, the...
...The joint venture is about three-quarters funded by Abu Dhabi money....
...People close to Synthesia and Stability said the UAE has also offered generous tax rebates, as well as through the creation of its Hub71 tech hub in Abu Dhabi, backed by Mubadala Ventures, which is intended...
...Dhabi....
...Taqa, a majority state-owned Abu Dhabi energy group, is in talks to acquire a stake in Spanish giant Naturgy in a move that would mark another Gulf incursion into the European power sector....
...Patrick M Dransfield Abu Dhabi, United Arab Emirates...
...Abu Dhabi energy group Taqa is in talks that could lead to a multibillion euro takeover bid for Spanish utility Naturgy and extend a Gulf push into European industry....
...Payment services company Magnati was spun out of First Abu Dhabi Bank and is now majority owned by Canadian private equity giant Brookfield....
...It will be listed on the Abu Dhabi Securities Exchange on January 26. It will be managed by Lunate, with BNY Mellon serving as its global custodian....
...Abu Dhabi has agreed to invest $35bn in a large development site on Egypt’s northwestern Mediterranean coast in a move that could ease a financial crisis in the country of around 110mn people....
...BP and the Abu Dhabi National Oil Company have suspended talks on a $2bn deal to buy a 50 per cent stake in Tel Aviv-listed NewMed Energy, as Israel’s war with Hamas enters its sixth month....
...The UK government has ruled out any direct foreign state ownership of a British newspaper in a strongly worded amendment to a law that would in effect block Abu Dhabi-backed RedBird IMI’s takeover of Telegraph...
...A planned £600mn takeover by the Abu Dhabi-backed fund RedBird IMI hardly stood a chance....
...MGX, a new state-funded Abu Dhabi investment company, is in talks to back OpenAI’s ambitious chip venture, in the latest effort by the United Arab Emirates to become a global powerbroker in artificial intelligence...
...This is also the week of the WTO Ministerial Conference in Abu Dhabi....
...The biennial ministerial conference of the World Trade Organization begins in Abu Dhabi today amid increasing frictions as China accelerates efforts to develop an alternative trade architecture insulated...
...years, was backed by almost all governments and businesses.Negotiators from more than 160 countries are continuing discussions on whether to limit subsidies for overfishing and continue talks to address state...
...Mexico has cut ties and called for Ecuador to be expelled from the United Nations while Nicaragua has broken off diplomatic relations with Ecuador....
...The UK is to probe Abu Dhabi-backed RedBird IMI’s offer to take over the Telegraph Media Group, a decision fuelling further uncertainty over the ownership of the right-leaning national newspaper in the run-up...
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