Saudi real estate giant Dar Global plans $4.2B project in Muscat
The project will include luxury residential units and hotels, shops, business parks, a marina, and cultural venues, targeting high-net worth individuals.
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Abu Dhabi's Mubadala says needs more compute to power AI push
The Abu Dhabi sovereign wealth fund increasingly relies on AI to screen deals, make investment decisions, monitor assets, and sell its own tech products.
Qatar launches $20B AI push to compete with Saudi, UAE
The new homegrown AI firm has a mandate to build the platforms and systems needed to speed up AI adoption across Qatar, its CEO said.
Private equity outstrips public markets, Carlyle execs say
US mom-and-pop investors will be able to access private equity funds “in the next year or two,” Carlyle's chairman said at Abu Dhabi Finance Week.
SpaceX eyes $1 trillion IPO: Report
The Elon Musk-led company was the first to successfully re-use rockets, bringing the cost of space travel down by around 90%.
France’s unpopular pension reform delayed until 2027
The battle over French pensions has forced three prime ministerial resignations this year.
IMF revises China growth forecast
China’s consumer inflation rose more than expected in November, hitting its highest level in 21 months and easing deflationary worries.
Leadership shake-up looms over the Fed
Analysts are concerned that if the central bank falls under the political sway of the White House, it could ease monetary policy unnecessarily.
EU seeks to unlock $250B in frozen Russian assets
European Council President António Costa said the EU was very close to agreeing a deal that would finance Ukraine for two years.
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The drawer problem: Why so many of us can’t let go of our old electronics, and what we can do about it
Before SpaceX IPO, Investors in China Secretly Acquired Stakes
From Cell to Cell, Jailed Minnesota Unionists Sang of Freedom
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