Abu Dhabi-based Chimera Capital partners with Alpha Wave to lead $10bn tech fund

Abu Dhabi-headquartered investment firm Chimera Capital has joined global alternative asset manager Alpha Wave in leading a $10 billion tech fund, Arab News reports citing Bloomberg. The fund, Bloomberg notes, will have a global remit but with a concentration on Read more

UAE: Government reshuffle creates ministry of artificial intelligence

The United Arab Emirates Vice-President and Prime minister Thursday announced a cabinet reshuffle with few changes, but including the creation of a ministry of artificial intelligence to be headed by a 27-year old man. Sheikh Mohammed bin Rashid Al Maktoum Read more