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Space42 mulls funding round for satellite coverage in Africa

While the financing is in early talks, the Mubadala-backed firm is setting a course that could put it in competition with Elon Musk’s Starlink service

NEOM ski resort faces challenge in meeting Asian games deadline

Among the difficulties are creating sufficient artificial snow, pumping water up a mountain for a planned lake and construction at high altitudes

‘Mega forces’ cushion Gulf’s growing sovereign wealth funds

The Saudi Public Investment Fund, Qatar Investment Authority, Mubadala and other sovereigns keep building influence despite regional mayhem

China’s Aramco orders taper off as Russia competes for oil sales

The global oil market may be reordering after the U.S. and European Union increased pressure against India over its imports of Russian crude

MBZ, Putin agree on economic pact, noting investment disparity

Putin points to cooperation between Russian and UAE sovereign wealth funds, saying, 'We keep a close eye on this sector'

Quick Hits

Up, Up and Away

Space42 mulls funding round for satellite coverage in Africa

NO SNOW

Asian Winter Games looks for alternative to NEOM’s Trojena

The Daily Circuit: Space42 navigates to Africa + ACWA solar powers up

SOCCER SALE

Saudi Arabia puts two more league soccer teams up for sale

The Daily Circuit: Riyadh’s Esports finale looms + FAB finances Adani

DIGGING DEEP

Egypt to launch mining survey in bid for international investors

shifting gears

Masdar finds AI data centers greener than hydrogen energy

The Daily Circuit: Masdar swaps hydrogen for AI + Warburg Pincus in Dubai

DESERT SLOPE

NEOM ski resort faces challenge in meeting Asian games deadline

ARABIAN HQ

China’s Lenovo sets up regional headquarters in Saudi Arabia

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