IT & Telecommunications

IT & Telecommunications

Mubadala takes $200m stake in Greenlink JV

Tue, 16 Jun 2026

Mubadala Investment Company, an Abu Dhabi sovereign investor, has acquired $200 million worth of Equitix’s stake in Greenlink, a joint venture between Equitix and Baltic Cable which operates a 504 MW subsea electricity interconnector linking Great Britain with Ireland.

IT & Telecommunications

UAE to set up new data, artificial intelligence authority

Sun, 14 Jun 2026

The UAE has announced plans to set up a national body responsible for data, artificial intelligence and digital government in the country. The move is aimed at improving the quality of life, thereby strengthening the nation's competitiveness and global leadership in the digital economy.

IT & Telecommunications

Kuwait fund joins NVIDIA, KKR and Vistra to launch $10bn AI infrastructure firm

Sun, 14 Jun 2026

The Kuwait Investment Authority (KIA) has joined forces with artificial intelligence (AI) ⁠chip giant NVIDIA, private equity firm KKR and US integrated power generation firm Vistra to launch a new AI infrastructure company - Helix Digital Infrastructure - at a total investment of over $10 billion in long-duration capital commitments.

IT & Telecommunications

Ajman Transport Authority signs agreement with e& to advance AI applications in transport

Thu, 11 Jun 2026

Ajman Transport Authority has signed a memorandum of understanding (MoU) with e&, on the sidelines of the 3rd Annual Government Cybersecurity Summit 2026, to strengthen collaboration in digital innovation and artificial intelligence, supporting the continued development of the transport ecosystem and corporate services.

IT & Telecommunications

Samsung tops global chipmakers with $59.2 billion investment

Wed, 10 Jun 2026

South Korean tech giant Samsung Electronics Company spent nearly 90 trillion won ($59.2 billion) on capital expenditures and research and development (R&D) in 2025, making it the biggest investor among the world's top 10 semiconductor companies, industry data showed.

IT & Telecommunications

HUMAIN, NVIDIA bring Robotaxi-ready platform to Middle East

Wed, 10 Jun 2026

HUMAIN, a Public Investment Fund (PIF) company, has announced that it will lead the entry of NVIDIA's DRIVE Hyperion robotaxi-ready platform ecosystem into the Middle East.

IT & Telecommunications

Hub71 startups raise $2.7bn as Abu Dhabi bolsters tech hub status

Tue, 09 Jun 2026

Abu Dhabi's ambition to become a global technology powerhouse gained further momentum as startups within the Hub71 ecosystem surpassed $2.7 billion (AED9.9 billion) in cumulative funding and generated more than $1.5 billion in revenue by the end of 2025, according to the ecosystem's latest impact report.

IT & Telecommunications

stc Bahrain opens applications for 2026 inspireU programme

Mon, 08 Jun 2026

stc Bahrain, a digital enabler, has launched the 13th intake of the inspireU programme, continuing its efforts to empower Bahraini entrepreneurs and support the growth of innovative start-ups contributing to the Kingdom’s evolving digital economy.

IT & Telecommunications

Bahrain's iGA migrates Islamiyat app services to MyGov

Sun, 07 Jun 2026

Bahrain's Information & eGovernment Authority (iGA) has announced the complete migration of all services available on the Islamiyat app to the unified 'MyGov' app as part of the government mobile applications merger plan. MyGov now offers 111 features and services provided by 15 government entities.

IT & Telecommunications

Largest AI campus outside of US to open in Abu Dhabi this year

Fri, 05 Jun 2026

The first phase of the UAE-US AI Campus in Abu Dhabi is expected to become operational before the end of this year, marking a significant milestone in the UAE's drive to establish itself as a global hub for artificial intelligence infrastructure and advanced computing.