Elite Group Holding Invests Dhs100m in Dubai Auto Hub
by Elite Group Holding, a diversified UAE-based conglomerate, has announced plans to develop a one million square foot integrated facility in Dubai Industrial City, with an …
Tag: Invests
Oman Investment Authority Invests in Elon Musk’s xAI
Arabian Post Staff -Dubai The Oman Investment Authority (OIA) has acquired a stake in xAI, the artificial intelligence company founded by entrepreneur Elon Musk. This …
Amazon Invests $4 Billion in Anthropic, Deepening Its A.I. Ties
Since last September, the tech giant has pumped $8 billion into the artificial intelligence start-up, a sign of intense competition in developing tools that are …
Mubadala Invests $200 Million in Tubacex Unit Stake
Mubadala Investment Company, a prominent state-owned investment arm based in Abu Dhabi, has acquired a 49% stake in the Spanish industrial firm Tubacex’s subsidiary, Tubacex …
NMC Health Invests Millions to Expand UAE Health Services
NMC Health, one of the leading healthcare providers in the United Arab Emirates, is set to invest millions of dollars in a significant expansion of …
VanEck Ventures invests $30m in fintech and AI startups
VanEck, a leading global asset management firm, has introduced a $30 million early-stage fund, VanEck Ventures, marking a significant move into the realms of fintech, …
Vanguard Group Invests Rs 998 Crore in Seven Firms
A significant investment has emerged from the Vanguard Group, a leading US-based financial services company, which has acquired shares in seven Indian companies for a …
ST Telemedia Global Data Centres Reinforces Commitment to Digital India, Invests US$3.2 billion to add 550MW Data Centre Capacity
SINGAPORE – Media OutReach Newswire – 6 September 2024 – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest-growing data centre colocation …
Abu Dhabi’s Mubadala Invests in UK Data Centre Developer Yondr Group
Mubadala Investment Company, the sovereign wealth fund of Abu Dhabi, has made a strategic investment in Yondr Group, a prominent UK-based data centre developer. This …
UAE Sovereign Wealth Fund ADIA Invests $295 Million in Tech Firm Flyr
Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund of the United Arab Emirates, has significantly bolstered the technology sector by committing $295 million to …