Latest news with #UAE-US


Mid East Info
8 hours ago
- Business
- Mid East Info
G42, First UAE Firm Recognized Among TIME's 100 Most Influential Companies - Middle East Business News and Information
Abu Dhabi, UAE – July, 2025: G42 has been named to TIME's 2025 list of the 100 Most Influential Companies, marking the first time a UAE-headquartered company has been featured. The recognition highlights G42's growing global impact in advancing AI responsibly and at scale. From the company's pivotal role in the launch of Stargate UAE and the 5GW UAE-US AI Campus to its expansion into Europe and the UK , G42 is building the 'Intelligence Grid,' its vision of AI as a universal utility that is secure, scalable, and accessible. 'We are thrilled to be featured by TIME. This recognition affirms our mission to bring AI to everyone, not just a privileged few,' said Faheem Ahamed, Group Chief Marketing and Communications Officer at G42. 'It validates the role we're playing in shaping a more inclusive and connected AI future.' With a portfolio spanning Space42 , Core42 , Khazna , M42 , Presight , CPX , and Inception , G42 operates across the full AI value chain, driving transformation across healthcare, energy, finance, mobility, and space.


Al Etihad
9 hours ago
- Business
- Al Etihad
Abu Dhabi, Dubai among top emerging data centre markets
2 July 2025 17:51 REDDY (ABU DHABI)Abu Dhabi and Dubai are among the top two emerging data centre markets globally, according to Cushman & Wakefield's newly released '2025 Global Data Center Market Comparison' report. The UAE's two largest cities are also the highest-ranked emerging markets in the Europe, Middle East, and Africa (EMEA) region. The global study evaluated 97 data centre markets, classifying them as either established or emerging across four regions: Americas, EMEA, and Asia Pacific (APAC). The rankings were based on 20 criteria including power availability, fibre connectivity, development pipeline, land pricing and policy to the report, Abu Dhabi ranked fourth and Dubai sixth globally among all emerging data centre markets. Austin/San Antonio led the global emerging market rankings, followed by Iowa, Pennsylvania, Abu Dhabi, Reno, and Dubai. Other notable markets included Berlin, Helsinki, and Virginia retained its position as the top established data centre market with 5.9 GW of operational capacity, followed by other established hubs such as Phoenix, Dallas, Atlanta, Oregon, Columbus, Beijing, Salt Lake City, Chicago, and Shanghai.'There's a clear link between long-term infrastructure planning and current market performance,' said Edward Macura, Country Head at Cushman & Wakefield Core.'Abu Dhabi and Dubai have created the conditions for scale, and global operators are responding. Access to power, land, and fast-track approvals are converging with demand from AI and cloud platforms – this combination is driving investment decisions.'The UAE currently has more than 250 MW of live data centre capacity, with an additional 500 MW under active development. Among the flagship projects is 5GW UAE-US AI Campus spanning over 10 square miles in Abu Dhabi. The Stargate AI project, backed by OpenAI, Oracle, and Nvidia, was recently unveiled with a planned 1GW capacity as part of the grand plan. Khazna Data Centres remains the dominant operator in the country, accounting for more than 59% of the market share, while cloud expansions by global giants such as AWS, Alibaba, and Equinix continue across both emirates. Notably, Emirates Group is shifting operations to a solar-powered data centre at the Mohammed bin Rashid Solar Park in line with sustainability UAE's data centre market, valued at $1.26 billion in 2024, is projected to grow to $3.33 billion by 2030. This growth is being driven by large-scale capital deployment from both domestic and international investors. ADQ and Energy Capital Partners are investing $25 billion into power infrastructure to support data centre development. In a separate initiative, MGX, Microsoft, and BlackRock are jointly backing a $30 billion AI-related investment programme.'We're seeing investment decisions being made on the strength of delivery performance, not just potential,' Macura added. 'Developers are meeting deadlines, occupiers are pre-leasing, and supporting infrastructure is being delivered in parallel. That consistency is being noticed by institutional capital.'Stargate UAE's first 1 GW of capacity is scheduled to go live by 2026, an accelerated timeline by global standards. Meanwhile, Khazna's 100 MW AI-focused facility in Ajman is also progressing towards phased delivery within 24 months. As AI workloads intensify and power availability becomes a key global constraint, the UAE is positioning itself as a scalable hub for next-generation computing. 'The level of interest we're seeing isn't temporary,' said Macura. 'The UAE has reached the point where it offers both operational reliability and future capacity – those are the markets that will outperform over time.'


Al Etihad
23-06-2025
- Politics
- Al Etihad
Emirati women take leading role in shaping global diplomacy
24 June 2025 00:15 Khaled Al Khawaldeh (Abu Dhabi) When Alia Al Suwaidi sat at the negotiating table during a major UAE-US bilateral meeting early in her diplomatic career, one fact stood out — she was the only woman at the table, on either side.'That moment resonated with me,' recalled Al Suwaidi, now Deputy Chief of Mission at the UAE Embassy in Washington DC in an embassy blog post. 'It fuelled my career growth and commitment to champion the inclusion and advancement of all women in public service.' Her experience reflects the importance of the International Day of Women in Diplomacy, celebrated annually on June 24. The day recognises the vital contributions of women to diplomacy and international peace and highlights the need to accelerate gender equality in foreign affairs, a goal to which the UAE has long been UAE played a leading role in the adoption of the UN General Assembly resolution that established the day in 2022, helping ensure that women's leadership in diplomacy is recognised each year by the global Al Suwaidi helps shape UAE-US relations, oversees embassy operations, and mentors aspiring diplomats. Her career trajectory illustrates how women are no longer solitary voices at diplomatic tables but are emerging as central figures shaping international the trailblazing Emirati women on the global stage is Lana Zaki Nusseibeh, Assistant Minister for Political Affairs and Permanent Representative to the UN. Nusseibeh has emerged as a champion of multilateralism and gender equality, having served as President of the UN Women Executive Board and Vice President of the UN General Assembly. She also played a key role in securing the resolution that created the International Day of Women in Diplomacy.'Each and every day, women lead and make vital contributions to diplomatic efforts across the globe,' Lana Nusseibeh said in 2022 marking the inauguration of the day. Other prominent Emirati women diplomats include Hend Manea Saeed Al Otaiba, who was the UAE's Ambassador to France, and played a key role in strengthening bilateral relations between the UAE and France, and Hafsa Al Olama, the UAE's former Ambassador to Germany, known for her advocacy for education and the advancement of women in public life. Their work is not just about representing the UAE's interests abroad, but about demonstrating how inclusive diplomacy strengthens international cooperation and peacebuilding. Al Suwaidi notes that time and again, women have proven that diplomacy benefits from their participation. The UAE's progress in this area is reflected in the numbers. As of 2022, women made up 43% of the Ministry of Foreign Affairs and International Cooperation workforce, and gender parity had been achieved at the UAE's Permanent Mission to the UN. Yet globally, challenges persist. UN figures show that women represent just 21% of ambassadors worldwide, and their participation in peace negotiations and mediation remains disproportionately low. Between 1992 and 2019, women accounted for only 13% of negotiators and 6% of mediators in formal peace the UAE, the International Day of Women in Diplomacy offers a chance not only to celebrate progress but to call for further global action. 'Looking ahead to future, I expect to see more women engaged worldwide,' Al Suwaidi said. 'This powerful trend signifies a broader cultural shift toward gender equality in our societies. It also sends a powerful message to young women and girls that they too can aspire to roles in international leadership.' As the world observes this important day, Emirati women diplomats stand as powerful examples of how inclusive diplomacy can deliver more just and sustainable outcomes and why the future of diplomacy must be shaped by voices from all segments of society.


Hi Dubai
18-06-2025
- Business
- Hi Dubai
DMCC Reports 7% Surge in US Companies as UAE-US Trade Ties Strengthen
DMCC has reported a 7% increase in American companies joining its international business district over the past year, underscoring Dubai's growing appeal as a launchpad for US firms expanding into global markets. Now hosting nearly half of the estimated 1,500 American businesses operating in the UAE, DMCC has cemented its role as the preferred hub for US enterprises seeking to tap into the region's economic growth. The rise in US business interest follows President Donald Trump's visit to the UAE in May—his first official overseas trip in his second term—where strategic agreements worth $200 billion were signed across AI, energy, defence, and aviation sectors. These deals have marked a renewed phase in UAE-US economic collaboration, spurring investment opportunities and trade activity. In response, DMCC concluded its 'Made For Trade Live' roadshow across New York City, Brooklyn, and Miami, engaging 150 business leaders from key sectors including finance, tech, commodities, and manufacturing. Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, highlighted the momentum: 'With bilateral trade hitting $34.4 billion in 2024, there is growing appetite among American businesses to establish a presence in Dubai and access global markets.' With nearly 26,000 companies operating in its ecosystem—over 700 of them American—DMCC continues to attract international investment and reinforce Dubai's position as a strategic gateway for global trade. News Source: Emirates News Agency


Dubai Eye
14-06-2025
- Business
- Dubai Eye
H.H. Sheikh Abdullah concludes visit to US to bolster bilateral cooperation
His Highness Sheikh Abdullah bin Zayed Al Nahyan, the UAE's Deputy Prime Minister and Minister of Foreign Affairs, concluded a visit to the US aimed at strengthening cooperation in economic development, trade, AI, and regional security. During the visit, Sheikh Abdullah held talks with US Secretary of State Marco Rubio, as well as senior officials from the White House, members of Congress, and other key government figures, to advance the UAE-US strategic partnership. He also met with Steve Witkoff, US Special Envoy to the Middle East, and Stephen Miller, Deputy Chief of Staff for Policy and Homeland Security Adviser, to discuss regional developments and shared efforts toward peace and stability. Talks with US Secretary of Commerce Howard Lutnick centred on economic and trade collaboration. In engagements with several members of Congress, Sheikh Abdullah reaffirmed the UAE's commitment to deepening ties with the US, emphasising shared goals of peace, prosperity, and international cooperation.