A generational shift at UAE family offices is reshaping how much they pay staff, but compensation still lags the richest global finance hubs.

The French firm already trains 10,000 electricians a year globally and is looking to boost that figure, an executive told Semafor.

The UAE is pouring billions into becoming a global AI leader and has already signed digital infrastructure agreements with several African countries.

Some 35,000 of Nvidia’s latest chips will be used to deliver the first phase of a massive data center campus under construction in Abu Dhabi.

Saudi Arabia’s economic transformation intersects with the business interests of the first billionaire US president.

The UAE capital approved the Middle East’s first driverless ride-hailing services, following two pilot programs by Chinese rivals.

XRG was launched last year as the investment arm of Abu Dhabi’s state energy company, ADNOC.

The UK firm is 18 months into a five-year, $1.5 billion spending plan that will see $750 million poured into recruiting relationship managers and wealth specialists.

Other hyperscalers are likely to follow, Vice Chair and President Brad Smith said in an interview.

ADNOC’s global investment arm has not closed the door on a deal after recent management changes at Santos.

The joint venture, Aither, aims to help Dubai hit its target of generating 100 billion dirhams ($27 billion) annually through digital transformation initiatives.

The tech giant is exporting advanced Nvidia chips to the Emirates, building data centers, and training one million people in technical know-how.