Browsing: technology investments

Abu Dhabi’s sovereign wealth fund, Mubadala, has issued US$1 billion worth of 10-year Islamic bonds, or sukuk, denominated in US dollars. This marks its first debt offering of the year, according to fixed income news provider IFR.

In 2024, the Gulf region became a leading force in global mergers and acquisitions, with sovereign wealth funds from Saudi Arabia and the UAE driving a surge in mega-deals within energy, technology, and manufacturing sectors.

Abu Dhabi’s state investor Mubadala has invested in Yondr Group, a London-based data centre developer, marking its latest move into a sector expected to benefit from rising demand for cloud services and artificial intelligence (AI).

In the realm of financial services, IDC has organized the Financial Services Summit. The Summit…