The Emirates Intelligencer · Tuesday, July 7, 2026

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An Independent Daily Bulletin on Artificial-Intelligence Investment in the United Arab Emirates. Published by otonomi.co

Vol. I., No. 12 Tuesday, July 7, 2026 From the Archive

Foreign Aid & Development

One Billion Dollars Pledged for AI Across Africa

Announced at the G20 by the Crown Prince of Abu Dhabi, the “AI for Development” programme will finance education, agriculture and infrastructure works in emerging economies.

By The Otonomi Investment Desk

The UAE has launched a $1 billion initiative to support and finance artificial-intelligence projects across African nations. The AI for Development programme, announced at the G20 summit by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, will carry advanced technologies into education, agriculture and infrastructure.

Implementation falls to the Abu Dhabi Exports Office of the Fund for Development, in partnership with the UAE Foreign Aid Agency, offering financing and technical support to governments integrating AI into their operations.

Arab News

Sovereign Wealth

MGX Consortium Closes $40 Billion Data-Centre Acquisition

A consortium led by MGX, Abu Dhabi's dedicated AI investment vehicle, has closed the largest data-centre acquisition in history: $40 billion for Aligned Data Centers, commanding more than five gigawatts across fifty facilities in the Americas, alongside BlackRock's GIP, Microsoft and NVIDIA.

Forbes

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