Mubadala-backed Fortress targets 2x AUM in 5 years, while PIF names new investment strategy chief
Here’s a look at today's biggest tech stories in the MENA+:
- G42's Core42, Qualcomm launch Compass 2.0 AI platform
- Future IPOs see strong investor interest
- Mubadala-backed Fortress targets 2x AUM in 5 years
- ADIA eyes over $11B investment in Nestle JV
- Abu Dhabi plans 3 tech R&D ventures this year
- PIF names new investment strategy chief
- Over $100B investments planned to boost shale gas production
- Oversight and Anti-Corruption Authority Law approved
- EVs gain momentum amid Kingdom’s green push
- SAMI boosts cooperation with Lockheed Martin, Airbus Helicopters
- $5B in Indian investments sought by 2027
- FRA sets carbon market trading rules
- BRICS members to establish joint geological platform
- UAE eyes more investment projects
- Jebal, ADNIC partner partner to expand real estate business
- More than 150K retailers added as new taxpayers
- PBC flags concerns over new $60B export target
- US announces $101M investment to bolster democracy
- Tajir Dost tax scheme expanded to 42 cities
- Finance Ministry moves to renegotiate $15B in Chinese loans
Other MENA+ Developments
- SWFs prioritize emerging markets amid geopolitical tensions
- Saudi-Kuwait railway link project to begin in 2026
- GCC banks eyes acquisitions for global expansion
- Kuwait to establish govt bond market for additional financing
- Jordan raises commitment for startups, SMEs investment fund
Southeast Asia Developments
- Alibaba's Taobao ramps up regional push with free shipping
- Thailand announces plan for $14B digital wallet handout
- Indonesia's last-mile delivery players struggle amid price war
- Ant’s Singapore digital bank Anext in red despite 7x revenue surge
- Singapore’s GIC sees slowest investment return in 4 years
