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Tuesday, Jul 07, 2026
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Abu Dhabi Investment Firm MGX Raises AED 180 Billion From Global Investors

Artificial intelligence investment firm MGX, based in Abu Dhabi, has secured AED 180 billion in funding from institutional investors as Gulf sovereign wealth funds continue expanding commitments to technology-focused investments.
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Related Articles

UAE Leaders Send Independence Day Messages to Comoros and Malawi

President Sheikh Mohamed bin Zayed Al Nahyan sent official congratulations to the leaders of Comoros and Malawi on their independence anniversaries, reflecting the UAE’s broader...

UAE Receives New Qatari Ambassador as Gulf Relations Continue to Strengthen

UAE Ambassador to Qatar Saeed Abdullah Al Qamzi presented his credentials to Qatar’s Amir Sheikh Tamim bin Hamad Al Thani, marking continued diplomatic engagement between the tw...

UAE Highlights Security Cooperation During United Nations Counter-Terrorism Week

The UAE concluded its participation in United Nations Counter-Terrorism Week, emphasizing its role in international efforts against terrorism and extremism.

UAE Reaffirms Global Humanitarian Support After Floods in Ghana and Côte d’Ivoire

The UAE has expressed solidarity with flood victims in Ghana and Côte d’Ivoire, reaffirming its ongoing support for international disaster relief efforts.

UAE Announces Royal Amnesty for 111 Nepali Nationals During Eid Al-Adha

The UAE granted a royal pardon to 111 Nepali prisoners following a request from Nepal’s embassy, highlighting continued diplomatic ties between the two countries.

Sharjah and Ajman Road Projects Improve Regional Connectivity

New bridge and road upgrades in Ajman and along Sheikh Mohamed bin Zayed Road and Sheikh Zayed Road are improving traffic flow and connections between Sharjah and Ajman.

Umm Al Quwain Completes First Phase of 30-Kilometre Internal Road Network Upgrade

Umm Al Quwain Municipality has completed the first stage of its internal road network project as part of wider efforts to improve mobility and support urban development.

Dubai Awards Second Phase of Hessa Street Development Project

Dubai has awarded the second phase of the Hessa Street project, including new bridges and a tunnel along a three-kilometre stretch expected to ease congestion for more than 650,...

Dubai Transport Authority Completes Major Bus and Marine Infrastructure Upgrades

Dubai’s Roads and Transport Authority has installed more than 700 modern bus shelters and upgraded marine transport waiting areas to improve safety and convenience for public tr...

Ajman Opens Masfout Gate Project to Improve Mountain Region Connectivity

Ajman has inaugurated the Masfout Gate project, featuring improved infrastructure and walking trails aimed at supporting tourism and quality of life in the emirate’s mountainous...

Ras Al Khaimah Economic Zone Begins Construction of New Logistics Storage Facility

The Ras Al Khaimah Economic Zone has started work on a nearly 6,000-square-metre storage facility designed to improve logistics capacity for businesses in the northern emirate.

Khalifa Economic Zones Abu Dhabi Secures $40 Million in New Industrial and Logistics Projects

Five new industrial and logistics investments worth 147 million dirhams have been secured in Abu Dhabi, expected to create 500 jobs and expand the emirate’s industrial base.
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Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
Anthropic Reaches $900 Billion Valuation in Historic AI Funding Round
Washington Imposes Crippling Sanctions on Iranian Maritime Authority
Japan and the Philippines Initiate Strategic Intelligence-Sharing Pact
Microsoft Deploys Autonomous Computer-Using AI Agents to Global Markets
Anthropic Secures $45 Billion Compute Infrastructure Agreement With SpaceX
U.S. Director of National Intelligence Resigns Amid Administration Shakeup
Micron Technology Crosses Trillion-Dollar Valuation Amid Unprecedented Hardware Demand
Canada and Germany Finalize Historic Long-Term LNG Export Agreement
China Expands International Travel Restrictions on Domestic AI Researchers
Japan Approves Sweeping Overhaul of National Intelligence Apparatus
Global Airlines Scramble Logistics as Middle East Airspace Remains Fractured
Japan's Naphtha Imports Plunge 47 Percent Amid Strait of Hormuz Closure
Global Crude Prices Retreat Below $96 as Gulf Tensions Momentarily Ease
Generative AI Outperforms Human Baselines in Landmark Global Creativity Study
NASA Partners With Private Aerospace to Unveil Permanent Lunar Base Architecture
South Korean Equity Markets Surge on Next-Generation Memory Chip Frenzy
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