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Posted on 03/07/2026

Abu Dhabi’s $49 Billion AI Fund And Its Sovereign Rivals

Abu Dhabi’s MGX just closed the biggest dedicated AI fund ever, at $49 billion. Three rival sovereign funds are betting on AI in entirely different ways.

Posted on 03/07/2026

UAE authority foils sophisticated cyberattacks on entities in financial sector

The Cyber Security Council called on all entities to strengthen preventive security measures and regularly update their systems …

Posted on 03/07/2026

Gulf oil exports jump in June on record UAE flows

By Ahmad Ghaddar, Jonathan Saul and Nerijus Adomaitis LONDON, July 3 (Reuters) – Gulf oil exports in June jumped more than 3 million barrels from May to exceed 10 million barrels per day as the U.S.

Posted on 03/07/2026

Etihad Rail changes life for UAE resident who used to drive 3 hours to catch plane for work

From more than a three-hour drive to a comfortable 1-hour, 40-minute ride, the Emirati Kalba resident now uses the train everyday to go to work in Abu Dhabi …

Posted on 03/07/2026

Sharjah announces traffic diversions near University City for Etihad rail works; motorists face delays until August

Sharjah motorists face temporary traffic diversions near University City until August due to construction for the Etihad Rail Station Access Roads Project. Authorities urge drivers to follow new signs …

Posted on 03/07/2026

Abu Dhabi partners with MIT to accelerate scientific discovery, innovation in cancer care

Abu Dhabi has announced two strategic collaborations with the Massachusetts Institute of Technology (MIT) to advance next-generation cancer research and accelerate the journey from scientific …

Posted on 03/07/2026

Sharjah traffic diversions announced as Etihad Rail station project takes shape

Traffic measures in place from this Saturday between University City and Ard Al Maahid …

Posted on 03/07/2026

Sharjah announces major traffic diversions for Etihad Rail works

Sharjah motorists will face temporary traffic diversions between University City and Ard Al Maahid from Saturday, July 4, as construction continues on access roads linked to the Etihad Rail station …

Posted on 03/07/2026

Sharjah and Belgium to boost trade, investment cooperation

The Sharjah Chamber of Commerce and Industry (SCCI) discussed ways to enhance trade and investment cooperation with the Kingdom of Belgium. The talks …

Posted on 03/07/2026

Sharjah announces temporary traffic diversion for Etihad Rail works until August

Motorists in Sharjah should prepare for a temporary traffic diversion from July 4 to August 23 due to Etihad Rail construction …

Posted on 03/07/2026

Abu Dhabi’s BlueFive Capital co-leads near $3bln funding round for Chinese video generator KlingAI

BlueFive Capital, the Abu Dhabi-based investment platform, has co-led a near $3 billion funding round for Chinese artificial intelligence video generation firm Kling AI, valuing the company at $18 …

Posted on 03/07/2026

Why Bank of Baroda paid ₹5,700 crore to settle NMC Health dispute in Abu Dhabi: Explained

Bank of Baroda paid ₹5,700 crore to settle a major legal dispute related to the collapse of NMC Health in Abu Dhabi.

Posted on 03/07/2026

The Abu Dhabi investor that’s funding AI while trying to save TikTok — with help from Trump

Abu Dhabi’s MGX, launched last year, has emerged as one of the key players funding the AI boom and is now part owner of TikTok’s U.S. business.

Posted on 03/07/2026

IIT Delhi – Abu Dhabi launches Al-Ibtikar with the UAE Innovation and AI Bootcamp 2026

Through hands-on learning, mentorship and real-world challenges, IIT Delhi – Abu Dhabi is building an early innovation pathway for UAE school students in AI, sustainability and emerging technologies …

Posted on 03/07/2026

UAE asks private sector to spend $5.5bn on aid projects

The UAE has called on private sector firms to share in corporate social responsibility projects worth more than AED20 billion ($5.5 billion) over the next five years.

Posted on 03/07/2026

Game, set, invest: Sharjah courts Brazilian and Portuguese businesses through padel

Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations and the Higher Committee for Economic Integration in Sharjah, says overall social connection is an important facet of life …

Posted on 03/07/2026

Talabat delivery rider honoured by Abu Dhabi Police for following traffic rules

The authority praised the rider’s commitment, saying such examples encourage a stronger culture of road safety and inspire others to adopt responsible driving habits …

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