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Kuwait Investment Authority (KIA) has joined the quartet led by US asset manager KKR to launch a new company to provide infrastructure for artificial intelligence (AI) hyperscalers.
The other partners in the $10 billion venture, called Helix Digital Infrastructure, are chip ma...
Middle East or North African football fans who dream of World Cup glory would need to spend tens of thousands of dollars if their team reached the final, new analysis shows.
The cost of following a team from the group stage through to next month’s final in ...
Abu Dhabi Investment Council (ADIC), a sovereign wealth fund, has reportedly invested in a $2 billion fundraising round by US hedge fund ExodusPoint Capital.
The new capital has increased the hedge fund’s total assets to $14.5 billion,
Malaysian low-cost airline AirAsia has pushed back the launch of its Middle East base in Bahrain because of the US-Israeli war with Iran.
Operations are now likely to start in August or September, subject to market conditions, the airline said in a statement.<...
Surging oil prices earned Libya bumper revenues in May, making the north African country a beneficiary of the Strait of Hormuz crisis caused by the