AI & Tech
Mgx and Aip Lead $40 Billion Acquisition of Aligned Data Centers to Boost AI Infrastructure
By EI Editorial Desk • 4 min read
• 24 Jul 2026
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UAE and Gulf Business News: Markets, Startups, AI and Policy from Dubai and Abu Dhabi
AI Hiring Tools may Develop Biases Beyond Human Data
Global AI Talent War Intensifies as Top Researchers Like Zhilin Yang Shape Industry
Ufc Open Workouts at Yas Mall Drive Economic Engagement in Abu Dhabi
AI Autonomy Incident Prompts New Focus on Secure Development and Governance
Gulf Energy Market Volatility Rekindles Inflation Concerns
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UAE Embraces a Future of Human-AI Collaboration, Not Replacement
The UAE is strategically positioning itself at the forefront of the global movement towards human-AI collaboration, recognizing that the future of work lies in augmenting human capabilities rather than replacing them entirely.
Ufc Open Workouts at Yas Mall Drive Economic Engagement in Abu Dhabi
AI Autonomy Incident Prompts New Focus on Secure Development and Governance
Dubai Golden Visa for AI Experts and Entrepreneurs: How to Apply, Eligibility, and Benefits
Advancing Heritage: New Discoveries Highlight Economic Value of Ancient Sites
The Business of Care: How UAE Leaders and Startups Address Aging Populations
As the UAE's population matures, business leaders and entrepreneurs face new challenges and opportunities in intergenerational care. This shift is driving innovation in elder care services and reshaping workplace policies across the Emirates.
Abu Dhabi Property Market Sees Rising Investor Interest
UAE Energy Deal with Egypt Marks New Phase for Global South
UAE Creators Turn Folklore into Horror Hit with ‘Creatures’ Series
UAE Collectors Drive Surge in Record Auction Prices
Mgx and Aip Lead $40 Billion Acquisition of Aligned Data Centers to Boost AI Infrastructure
A landmark $40 billion acquisition of Aligned Data Centers by UAE-based MGX and AIP, alongside BlackRock's GIP, signals a major strategic move to bolster AI infrastructure. This investment underscores the UAE's ambition to lead in the global digital economy.
Argentina's Offshore Oil Ambitions Drive Economic Growth
Argentina is strategically advancing its offshore oil and gas exploration, aiming to unlock vast energy reserves in the South Atlantic. This significant push is poised to reshape the nation's economic landscape, attracting substantial investment and promising long-term growth for its.
Global AI Talent War Intensifies as Top Researchers Like Zhilin Yang Shape Industry
Gulf Energy Market Volatility Rekindles Inflation Concerns
Saudi Arabia Qualifies 27 Firms for Second Battery Storage Tender
Emirates Named Best Airline Worldwide at Business Traveller Middle East Awards 2026
Texas Floods Highlight Economic Vulnerability to Extreme Weather
A recent flash flood emergency in Texas underscores the growing economic challenges businesses face from intensifying extreme weather events. This incident highlights the critical need for robust infrastructure and adaptive strategies to mitigate financial impact and ensure operational continuity.
China's Record Consumer Defaults Challenge Economic Stimulus
Spain and Portugal Tighten Oversight of Hot Property Markets
AI Revamps Consumer Goods from Shampoo to Cookies
Uber Pauses Europe Food Delivery Expansion as it Pursues Delivery Hero Deal
Crypto and Forex
UAE FinTech Landscape Embraces AI for Prop Trading as Market Dynamics Shift
Crypto and Forex
Bitcoin Suisse Secures Key Approval to Expand Digital Asset Services in the UAE
Crypto and Forex
Forex Expo Dubai 2026 Adds Trader and IB Programs as Sponsor Lineup Grows
Crypto and Forex
UAE Crypto Tax Holiday Ends as 0% Window Closes January 2027
Eco-Impact
Abu Dhabi's Cultural Foundation Unveils 'skin of Dreams,' Exploring Sustainability and Future Materials
Abu Dhabi's Cultural Foundation is hosting Shezad Dawood's 'Skin of Dreams' exhibition, a significant cultural event exploring themes of sustainability, future materials, and ecological awareness. It highlights the intersection of art, technology, and environmental discourse.
Eco-Impact
Abu Dhabi's Doh and Mit-Koch Institute Partner on AI for Cancer Research
Abu Dhabi's Department of Health is collaborating with the MIT-Koch Institute to leverage AI in advanced cancer research. This strategic partnership underscores the UAE's commitment to pioneering healthcare innovation and establishing a global hub for life sciences.
Eco-Impact
Abu Dhabi Sets New Cooling Load Standards to Boost Sustainable Construction
Abu Dhabi has rolled out mandatory cooling‑load benchmarks for new buildings, aiming to cut energy consumption and align construction practices with the emirate’s net‑zero targets. The move is expected to reshape design, procurement and financing across the UAE market.
Eco-Impact
UAE Power Grid Gains Resilience from Siemens Energy’s 2.6GW Taweelah C Plant
Siemens Energy’s new 2.6GW Taweelah C combined‑cycle plant is set to reinforce the Emirates’ electricity supply, offering faster ramp‑up capability, lower emissions and greater flexibility for renewable integration across the UAE network.
