The Arab Energy Fund And Stonepeak Enter $1 Billion Strategic Partnership To Advance Energy Infrastructure Across The Middle East

The Arab Energy Fund (formerly APICORP), a leading multilateral impact financial institution focused on the MENA energy sector, and Stonepeak, the world’s largest independent infrastructure firm and leading US infrastructure investor, today announced that they have entered into a strategic partnership to invest in energy infrastructure across the Middle East. The partnership will primarily focus

BlackRock And PIF Continue Strategic Collaboration To Further Develop And Accelerate Growth Of Capital Markets In Saudi Arabia

BlackRock Saudi Arabia and PIF today signed a non-binding letter of intent at the Saudi-U.S. Investment Forum to formalize their strategic collaboration through potential new allocations to the BlackRock Riyadh Investment Management (BRIM) platform. Established in April 2024 with an initial investment mandate from PIF, BRIM is now operational and actively managed by BlackRock’s Riyadh-based

Qualcomm And HUMAIN To Develop State-Of-The-Art AI Data Centers To Deliver Cloud-To-Edge Hybrid AI Services

Qualcomm Technologies, Inc.,a technology leader enabling connected intelligent computing, and HUMAIN,a national artificial intelligence (AI) champion advancing Saudi Arabia’s goals for AI, today signed a Memorandum of Understanding (MOU) with the intent to enter a strategic collaborationfor the development of next-generation AI data centers, infrastructure and cloud-to-edgeservices to meet the rapidly growing demand for AI

Kilow Secures $2.5M In Seed Funding Led By Sanabil Venture Studio

Kilow, a leading digital health and weight management solution, has successfully closed its $2.5 million seed funding round led by Sanabil Venture Studio (a subsidiary of Sanabil Investments) in partnership with Stryber. This investment comes at a time of rapid growth for Kilow, as the company continues to revolutionize the weight loss experience through AI-powered,

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