Mohamed Alabbar, the Emirati developer behind Dubai’s Burj Khalifa, the world’s tallest building, is releasing a memoir.

The 68-year-old founder of Emaar Properties said on Instagram that he wrote “For the Love of the Craft” to share his reflections as a family man and proud citizen of the UAE.

The book’s cover is pictured in the Instagram post but no publishing date is given.

Alabbar, a longtime advisor to the UAE leadership, established Emaar in 1997. The company built the Dubai Mall – then the world’s biggest mall by total area – in 2009 and opened the adjacent 162-story Burj Khalifa the following year.

Alabbar is also Chairman of international property developer Eagle Hills and e-commerce platform Noon.

Saudi Arabia is considering significant cuts to the workforce at NEOM and could relocate more than 1,000 jobs to Riyadh, according to a media report.

Neom, the Public Investment Fund’s umbrella company for a host of megaprojects in northwestern Saudi Arabia, is trying to get a grip on ballooning costs and improve oversight of the vast development.

Staff relocated from the construction site would lose remote location benefits, including housing and meals, Semafor reports.

NEOM employs around 5,000 full-time staff, most of whom are located on site, where they are provided with cabins, round-the-clock canteens, gyms and schools.

Last week it emerged that the PIF had asked consulting firms to review NEOM’s banner construction project, The Line. 

UAE President Sheikh Mohamed bin Zayed traveled through Eastern Europe and Turkey this week, visiting Hungary where he strolled through Parliament with Prime Minister Viktor Orbán.

The stop in Budapest on Thursday followed visits to Serbia and Albania, where Sheikh Mohamed led a delegation of cabinet ministers and senior UAE executives who explored business opportunities in the region.

Also traveling with the UAE President were Sheikh Hamdan bin Mohamed, Deputy Chairman of the Presidential Court for Special Affairs; Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, and CEO of ADNOC; Dr. Thani Al Zeyoudi, Minister of Foreign Trade; and Khaldoon Al Mubarak, Chairman of the Executive Affairs Authority and CEO of Mubadala.

Prominent in the entourage in Serbia was Mohamed Alabbar, chief of Dubai-based Emaar and Eagle Hills Properties, who has been active for years in the capital of Belgrade and other Eastern European cities.

Most recently, Alabbar has teamed up with Jared Kushner, founder of Miami-based Affinity Partners and son-in-law of U.S. President Donald Trump, to build a Trump Tower hotel in Belgrade on the site of the former Yugoslav Ministry of Defense.

In Hungary, government officials from the two countries signed 14 draft agreements in fields ranging from energy, agriculture, food production, defense and telecommunications. Budapest-based 4iG Space and Defense Technologies also signed three preliminary deals with Abu Dhabi’s defense conglomerate EDGE Group.

The Hungarian company also agreed to explore joint investment opportunities with Abu Dhabi sovereign wealth fund Mubadala and work with UAE telecom e& on submarine cables and data centers, Hungary Today reports.

U.S. asset manager BlackRock and its partners are close to reaching a deal to invest $10 billion in infrastructure tied to Saudi Aramco’s massive $100 billion Jafurah shale gas project.

This comes as Aramco looks to monetize assets amid falling oil prices while still pushing ahead with major investments, Reuters reports.

The deal would likely mirror past “lease and lease-back” arrangements, which raised nearly $28 billion and let Aramco retain control while paying usage tariffs.

Jafurah is key to Aramco’s goal of boosting gas output by 60% by 2030, enabling the the kingdom to play a greater role in the global gas trade.

Saudi Arabia has “a lot of patient capital” when it comes to developing its games industry, according to Prince Faisal bin Bandar Al Saud, the Chairman of the Saudi Esports Federation.

“A lot of people tell me we notice a lot of the investment you’re doing in esports, but we don’t see a lot of the investments you’re making in gaming,” Prince Faisal told Arabian Business Gulf Insights.

“It’s because to build a games industry takes five to 10 years.”

The kingdom, which is currently hosting the Esports World Cup in Riyadh with a record-breaking $71.5 million prize pool, has earmarked $38 billion from the Public Investment Fund for building out the industry via its homegrown Savvy Games Group. 

If there were any doubts about Bahrain’s commitment to pouring $17 billion into the U.S. economy, Crown Prince Salman bin Hamad Al Khalifa insisted at the White House that “these aren’t fake deals.”

Meeting with President Donald Trump in the Oval Office on Wednesday before joining him for a private lunch, Prince Salman, who serves as Bahrain’s Prime Minister, hailed the relationship between the two countries, which includes Bahrain hosting the U.S. Naval Forces Central Command and the U.S. Fifth Fleet.

In response, Trump said he appreciated the investment and admired Bahrain’s ability to pay for it. “You don’t have to borrow the money,” he said.

Nevertheless, the President recalled his swing through the Middle East in May when he was showered with investment pledges from Saudi Arabia, Qatar and the UAE that dwarfed what Bahrain plans to spend.

All told, Trump said he came out of the trip with $5.1 trillion in deals, more than twice what was previously announced.

While Prince Salman didn’t spell out Bahrain’s shopping list in defense deals or corporate transactions, Bahraini financial institutions and corporate firms announced plans to invest $10.7 billion in the U.S. That included a $2 billion agreement between Bahrain’s sovereign wealth fund, Mumtalakat, and a consortium of American companies in aluminum-related industries.

In addition, Bahrain’s flag carrier Gulf Air is reportedly weighing an order for up to 20 additional Boeing aircraft to modernize its fleet, according to Bloomberg.

Along with the Bahrain visit, Trump hosted a private dinner on Wednesday with Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani, which focused on the Gulf state’s effort to mediate hostage negotiations between Israel and Hamas.

The prime ministers of Bahrain and Qatar were set to visit the White House on Wednesday as the two countries roll out billions of dollars in investments with the U.S. government and American firms.

Bahrain’s Premier, Crown Prince Salman bin Hamad Al Khalifa, was scheduled for an Oval Office chat with President Donald Trump in the late morning, followed by lunch. Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani meets Trump for dinner at 7 p.m.

After arriving in Washington on Tuesday, Prince Salman held meetings with Trump administration officials and announced a series of business agreements at a ceremony organized by the U.S. Chamber of Commerce.

Among the deals was a $2 billion agreement between Bahrain’s sovereign wealth fund, Mumtalakat, and a consortium of American companies in aluminum-related industries. Cisco signed a deal to provide digital solutions for Bahrain’s government telecommunications network.

Citing a free-trade agreement between the two countries, Prince Salman said Bahrain serves “as a gateway for American companies to access lucrative regional markets.”

The Prince said New Jersey-based SubCom won a contract to build an 800-kilometer (500-mile) multi-fiber submarine cable linking Bahrain to Saudi Arabia, Kuwait, and Iraq. He also announced that direct commercial flights would soon begin between Bahrain and New York City.

Qatar, which is acting as a mediator in Gaza talks with Israel, Hamas and the U.S., caused a stir during Trump’s Mideast visit in May, when the Gulf state offered the President a $400 million plane to replace the aging Air Force One.

Khaldoon Al Mubarak, Chief Executive Officer of Abu Dhabi’s Mubadala Investment Co., said the sovereign wealth fund is integrating artificial intelligence at every level of its decision-making process, describing AI as a transformative tool that is rapidly strengthening the fund’s capabilities.

Speaking Tuesday at the Pennsylvania Energy and Innovation Summit at Carnegie Mellon University, organized by Republican Sen. Dave McCormick, Al Mubarak said Mubadala makes about 40% of its investments in the U.S. and wants to play a pioneering role in the global use of AI.

“What we’re doing a lot of right now is not just investing, but also enabling the technology,” he said while participating in a panel discussion. “When it comes to the enablement of AI, we’re probably, surprisingly, one of the leaders in the world.”

President Donald Trump headlined the summit with an address in which he hailed more than $92 billion in new investments made in Pennsylvania by such firms as Blackstone, CoreWeave and Meta Platforms focused on artificial intelligence and energy infrastructure.

Mubadala is an investor in G42, an Abu Dhabi-based tech firm that raised $1.5 billion from Microsoft last year to work together on AI and build data centers. The fund is also a shareholder in MGX, an investment firm participating alongside OpenAI, Softbank and Oracle in the $100 billion venture announced by Trump in January to fund artificial intelligence infrastructure in the U.S.

At the one-day conference, Blackstone President Jon Gray outlined some $25 billion the firm plans to invest in data centers. He was joined in Pittsburgh by BlackRock’s Larry Fink, Bridgewater’s Nir Bar Dea and a roster of other top corporate executives and cabinet members.

Al Mubarak said Mubadala’s Investment Committee now includes an “AI copilot” that interacts with both committee members and external teams pitching investment proposals. The fund, which manages approximately $300 billion in assets, has increasingly positioned itself as a technology-focused investor, backing AI firms alongside deploying the tools internally. 

“In Mubadala, our AI copilot sits with us in the Investment Committee,” he said. “All the board members, all the Investment Committee members obviously interact directly with the agent and obviously the teams (that are) coming in (and) pitching us.”

The panel in which Al Mubarak participated was moderated by Dina Powell McCormick, the senator’s wife who was Deputy National Security Advisor to Trump in his first term and is now Vice Chairman and President of Global Client Services at BDT & MSD Partners, a merchant bank based in Chicago and New York.

He described the AI copilot as a powerful analytical tool used to challenge investment propositions and support human judgment.

“What I found now after almost one year of implementation is a huge learning curve, and really that capability is strengthening in a way that is phenomenal,” Al Mubarak said. 

Among corporate leaders at the event were ExxonMobil CEO Darren Woods, Chevron’s Mike Wirth, Alphabet/Google’s Ruth Porat, Palentir’s Alex Karp and Anthropic’s Dario Amodei.

From Trump’s cabinet, Treasury Secretary Scott Bessent, Interior Secretary Doug Burgum, Commerce Secretary Howard Lutnick and Energy Secretary Chris Wright attended the forum.