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MBZ awards Martin Edelman with UAE’s Order of the Union

Known as the UAE’s 'Man in Manhattan,' Edelman has spent decades helping connect Gulf investors with major projects in the U.S. and abroad

JPMorgan invests $20B in Gulf, betting on reconstruction boom

The bank sees rebuilding demand centering on energy infrastructure, logistics networks, data centers and AI projects damaged in the Iran conflict

Abu Dhabi Global Market counted 1,825 firms on its roster at the end of 2023. (Photo: ADGM)

Blue Owl opens regional office in Abu Dhabi Global Market

The $315 billion New York money manager has developed strong ties in Abu Dhabi, including a partnership with Lunate to provide growth capital

Zoom opens new Saudi data center in $75 million expansion 

The new facility targets business customers and government agencies, providing faster, more secure connections by keep data within the country

Riyadh Air takes delivery of first Boeing Dreamliner planes

The jets are the first in a fleet of up to 72 Boeing 787-9 Dreamliners and will be used on the airline’s Riyadh-London Heathrow route starting July 1

Quick Hits

The Daily Circuit: 2PointZero’s Almheiri pushes AI energy + KIA funds Helix

power broker

MBZ awards Martin Edelman with UAE’s Order of the Union

powering AI

2PointZero’s Mariam Almheiri says countries should be racing to build AI energy infrastructure

BACK TO BUSINESS

JPMorgan invests $20B in Gulf, betting on reconstruction boom

The Daily Circuit: JP Morgan pours $20B into Gulf + SpaceX gets sovereign billions

leadership transition

FII names Princess Maha bint Mishari as CEO, alongside Attias

islamic fintech

Fasset among World Economic Forum’s 100 tech pioneers

Abu Dhabi Global Market counted 1,825 firms on its roster at the end of 2023. (Photo: ADGM)

investor hub

Blue Owl opens regional office in Abu Dhabi Global Market

The Daily Circuit: Blue Owl lands in Abu Dhabi + Mubadala eyes European fast food

open skies

Emirates’ Tim Clark warns European Airlines on Mideast comeback

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