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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. 36 Tuesday, August 4, 2026 From the Archive
Cloud Capital

Microsoft Sets $15.2 Billion UAE Investment Plan for AI and Cloud Growth

The investment places Abu Dhabi at the centre of a trust-based technology corridor linking Microsoft, G42 and the UAE's sovereign AI agenda.

By The Otonomi Investment Desk

Microsoft shared plans to invest $15.2 billion in the United Arab Emirates between the start of the initiative in 2023 and the end of 2029, Abu Dhabi Media Office said. His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan reviewed the plan with Brad Smith, Microsoft's Vice Chair and President, including expansion of AI and digital infrastructure, local talent upskilling, training programmes and research and development initiatives.

The investment builds on Microsoft's partnership with G42 and is intended to advance AI and cloud infrastructure, digital talent development and trust-based technology collaboration between the UAE and the United States. Sheikh Khaled said the investment reflected global confidence in the UAE's long-term economic vision, while Khaldoon Khalifa Al Mubarak, Secretary General of the Artificial Intelligence and Advanced Technology Council, said Abu Dhabi and the UAE are embedding technology across government, society and the economy.

Smith said the spending is money Microsoft is deploying in the UAE, not money raised in the country, and that the company is focused on technology, talent and trust. G42 Group Chief Executive Peng Xiao said the Microsoft partnership is focused on execution and impact through digital infrastructure, AI deployment across industries and cross-border collaboration.

Abu Dhabi Media Office Read original source

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Sovereign Capital

MGX Closes $49 Billion Fund for AI Exposure Across the Technology Stack

Abu Dhabi-based technology investment company MGX closed Fund I at $49 billion, above its initial $45 billion target, The National reported. The fund drew institutional and private investors from the Gulf, North America, Asia and Europe and is designed to provide exposure to semiconductors, AI infrastructure and AI-enabling technologies and platforms.

MGX has invested in 14 companies since inception and has participated in large AI infrastructure moves, including a consortium acquisition of Aligned Data Centres in a $40 billion transaction. The firm is backed by Mubadala Investment Company and G42 as partners and is chaired by Sheikh Tahnoon bin Zayed Al Nahyan.

The National Read original source
Startup Finance

Dubai Founders HQ and Mastercard Add Finance Tools for Startups

Dubai Founders HQ partnered with Mastercard, supported by Pemo, to launch a founder finance solution for startups and small and medium-sized enterprises, Dubai Government Media Office said. Eligible businesses can access more than 10,000 UAE dirhams in first-year value, including up to 2 percent cashback on eligible foreign exchange and advertising spend, complimentary access to Pemo's spend management platform, Mastercard-powered corporate cards and business offers.

The initiative combines corporate cards, automated expense management, real-time spend tracking and accounting integrations with QuickBooks, Xero and Zoho. Dubai officials said the partnership supports the Dubai Economic Agenda D33 and expands the operational support available through Dubai Founders HQ for companies scaling from the emirate.

Dubai Government Media Office Read original source
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Further Dispatches
Federal Procurement

BHM Capital Opens AI Enablement Unit With UAE Procurement Access

BHM Capital established a Consulting and AI-Enablement Department to support government, institutional and corporate clients with artificial intelligence advisory and technology-enabled solutions, Zawya reported. The Dubai Financial Market-listed firm said the unit will focus on AI adoption, productivity, decision-making and digital transformation.

The company has also been approved and registered as a supplier under the Consulting and Advisory Services category on the UAE Digital Procurement Platform. BHM Capital said the registration allows it to participate in consulting and advisory opportunities across UAE federal government entities, with the new department acting as the dedicated link to procurement platforms.

Zawya Read original source
Talent Pipeline

Khalifa Fund and 42 Abu Dhabi Train Students on Agentic AI

Khalifa Fund for Enterprise Development participated in the AgenticVerse Agentic AI and Multi-Agent Intelligence Summer Programme with 42 Abu Dhabi to give secondary school students practical training in artificial intelligence, innovation and entrepreneurship, Zawya reported. The five-day programme had participants design, build and present AI-powered solutions including career coaches, study planners, games and video story creators.

The Khalifa Fund Innovation Challenge asked students in Grades 9 to 12 to apply Agentic AI to entrepreneurial challenges by developing an AI-powered advisor for aspiring founders. AgenticVerse is being delivered across accredited cohorts in July and August 2026 in Abu Dhabi and Al Ain, with successful participants receiving a Level 4 National Qualifications Centre micro-credential.

Zawya Read original source
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