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The Emirates Intelligencer

An Independent Daily Bulletin on Artificial-Intelligence Investment, Adoption and Deployment. Published by otonomi.co

Vol. I., No. 20 Wednesday, July 15, 2026 From the Archive
Sovereign Capital

MGX Raises $49 Billion for Abu Dhabi AI Fund

The Abu Dhabi investment platform has exceeded its original fundraising target as sovereign-linked capital continues to move across the global AI stack.

By The Otonomi Investment Desk

Abu Dhabi-based MGX has raised $49 billion for Fund I, exceeding its initial $45 billion target after drawing institutional and private investors from the Gulf, North America, Asia and Europe.

The firm said the fund was launched to give investors exposure to opportunities across semiconductors, AI infrastructure and AI-enabled technologies. Since inception, MGX has invested in 14 companies, including businesses across semiconductors, infrastructure and platforms.

Zawya reported that MGX, backed by Mubadala Investment Company and G42, is targeting more than $100 billion in assets across the AI technology stack and has invested in global AI companies including xAI, OpenAI and Anthropic.

Zawya

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Financial Centre

DIFC Plans AI-Native Shift With $3.5 Billion Economic Target

Dubai International Financial Centre said it will become the world's first AI-native financial centre, embedding artificial intelligence into legal frameworks, business operations, talent development, ecosystem infrastructure and the district's physical environment.

DIFC said the programme is expected to generate $3.5 billion in economic benefits and create 25,000 jobs, while giving financial firms access to advanced AI tools and building a full-stack AI Campus that combines regulation, training, compute and physical AI.

DIFC
Private Sector AI

Dubai Sets Two-Year Agentic AI Programme for 295,000 Companies

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum reviewed Dubai's roadmap for Agentic AI transformation in the private sector, with the programme aiming to empower more than 295,000 companies over two years.

The plan calls for 100 specialised Agentic AI solutions, support for the establishment of 50 Agentic AI companies and a wider push to attract talent, companies and high-value investment. Related Dubai digital economy projects include the Dubai AI Campus, which hosts more than 400 specialised companies and has trained more than 1,500 participants through its AI Academy.

Economy Middle East
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Further Dispatches
Government Talent

MBZUAI Partnership Will Train 80,000 Federal Employees in Agentic AI

The UAE Government has launched a strategic knowledge partnership with Mohamed bin Zayed University of Artificial Intelligence to build Agentic AI expertise across the federal government workforce.

The partnership supports the national programme approved by the UAE Cabinet to train 80,000 federal employees as Agentic AI experts across all occupational categories, with training focused on responsible adoption, implementation and practical government applications.

MBZUAI
Startup Ecosystem

Hub71 Startup BioTwin Partners With Abu Dhabi Biobank on Precision Health AI

Hub71 startup BioTwin has announced a strategic partnership with Abu Dhabi Biobank to advance precision health research in the UAE through its Human Virtual Twin technology, initially focused on multi-cancer screening.

The collaboration will combine BioTwin's AI-enabled platform with Abu Dhabi Biobank's biological, genomic and clinical data capabilities, giving the Abu Dhabi life sciences ecosystem another applied AI partnership between a startup, research infrastructure and healthcare organisations.

Hub71
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