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Dubai Holding awards record Dh5bn contract for headquarters and residences
Dubai Holding awarded its largest construction contract, worth Dh5bn, to CSCEC Middle East. It covers a new headquarters due in 2029 and 754 branded residences due in 2030.
News
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UAE & Abu Dhabi
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September 9, 2026
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Google commits €13bn to Finnish AI infrastructure and nuclear power
Google will invest at least €13bn in Finnish AI infrastructure over two years and buy up to 50% of one nuclear plant’s output for 22 years. It is Google’s largest AI investment in Europe.
News
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AI & Technology
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September 9, 2026
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Gulf markets fall as Brent reaches $100.69, while Abu Dhabi gains 0.9%
Most Gulf markets closed lower as regional conflict weighed on sentiment and Brent reached $100.69. Dubai fell 0.3%, while Abu Dhabi rose 0.9%, showing uneven exposure to escalating energy risks.
Market Update
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Global Markets & Investing
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September 9, 2026
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ADGM assets under management rise 54% as workforce nears 50,000
Assets under management at ADGM rose 54% year on year in H1 2026, while its workforce reached 49,027. The growth underscores Abu Dhabi’s expanding role as a base for global asset managers.
News
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UAE & Abu Dhabi
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September 9, 2026
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IHC to acquire 80% of Marlan Holding in space-sector push
IHC is acquiring 80% of Marlan Holding through International Tech Group, subject to approvals. The deal adds Abu Dhabi satellite maker Orbitworks and AI-enabled Earth-observation assets to its portfolio.
News
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UAE & Abu Dhabi
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September 9, 2026
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UAE and Germany to sign multibillion-dollar investment, AI and energy deals
The UAE and Germany will sign investment, AI and energy deals worth several billion dollars on Thursday. The package opens a new phase in ties, building on $15.5bn in annual non-oil trade.
News
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UAE & Abu Dhabi
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September 9, 2026
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Our Impact in Action
News
Xi’s first India visit in seven years tests fragile business thaw
Xi Jinping is expected in New Delhi for the BRICS summit, his first India visit in seven years. Investment scrutiny, visa delays and equipment restrictions continue to constrain business ties.
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News
Apple unveils $1,999 iPhone Duo with 7.6-inch foldable display
Apple unveiled the $1,999 iPhone Duo, its first foldable phone, with a 7.6-inch display and A20 chip. The launch opens a premium category as the iPhone supplies over half of Apple’s revenue.
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News
Amazon raises £4.25bn in first sterling bond sale
Amazon raised £4.25bn in its first sterling bond sale after receiving orders above £10.65bn. Hyperscalers have issued over $200bn of debt this year as they finance AI investment.
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News
Silver Lake combines Cegid and Silae in €10bn software merger
Silver Lake-backed Cegid and Silae plan to merge into a European software group valued above €10bn. Silver Lake will retain control, with completion expected in the first half of 2027.
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News
DP World advances 222-hectare Mombasa industrial park
DP World and GulfCap Africa agreed to develop a 222-hectare special economic zone in Mombasa, starting with 40 hectares. More than 60 companies have shown interest, with over 20,000 jobs expected.
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News
DIFC sets inaugural finance week with 850 speakers and 85 events
DIFC’s inaugural Dubai Future Finance Week will run on 2–6 November with more than 850 speakers and 85 events. It spans fintech, private capital, family wealth and tokenisation.
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News
Dubai Holding awards record Dh5bn contract for headquarters and residences
Dubai Holding awarded its largest construction contract, worth Dh5bn, to CSCEC Middle East. It covers a new headquarters due in 2029 and 754 branded residences due in 2030.
Read blog
News
Google commits €13bn to Finnish AI infrastructure and nuclear power
Google will invest at least €13bn in Finnish AI infrastructure over two years and buy up to 50% of one nuclear plant’s output for 22 years. It is Google’s largest AI investment in Europe.
Read blog
News
ADGM assets under management rise 54% as workforce nears 50,000
Assets under management at ADGM rose 54% year on year in H1 2026, while its workforce reached 49,027. The growth underscores Abu Dhabi’s expanding role as a base for global asset managers.
Read blog
News
IHC to acquire 80% of Marlan Holding in space-sector push
IHC is acquiring 80% of Marlan Holding through International Tech Group, subject to approvals. The deal adds Abu Dhabi satellite maker Orbitworks and AI-enabled Earth-observation assets to its portfolio.
Read blog
News
UAE and Germany to sign multibillion-dollar investment, AI and energy deals
The UAE and Germany will sign investment, AI and energy deals worth several billion dollars on Thursday. The package opens a new phase in ties, building on $15.5bn in annual non-oil trade.
Read blog