MGX Anthropic funding has become a major focus in the global tech world after Abu Dhabi-based investment firm MGX confirmed its role in Anthropic’s massive new funding round. The UAE-backed company said on Friday that it took part in Anthropic’s $65 billion Series H funding. The deal highlights how strongly Middle Eastern investors are moving into artificial intelligence. It also shows how fast the global AI race is growing. MGX said the investment supports Anthropic’s long-term plans. These include stronger AI safety work, better system design, and more computing power for its Claude assistant. Claude is Anthropic’s main AI tool…
Author: Andrew Rogers
Andrew Rogers
Andrew Rogers is a freelance journalist based in the USA, with over 10 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He earned his degree in Journalism from the University of Florida. Throughout his career, he has contributed to outlets such as The New York Times, CNN, and Reuters. Known for his clear reporting and in-depth analysis, Andrew delivers accurate and timely news that keeps readers informed on both national and international developments.
Abu Dhabi has awarded a major $1.7 billion construction contract to UAE-based ALEC Engineering and Contracting to build a new global entertainment landmark known as Sphere Abu Dhabi. The project is part of the emirate’s wider push to expand its tourism and cultural infrastructure. The contract was issued by the Department of Culture and Tourism Abu Dhabi Department of Culture and Tourism Abu Dhabi and confirms ALEC as the main contractor responsible for delivering the full project. ALEC Engineering and Contracting ALEC Engineering and Contracting will handle design, procurement, and construction of the large-scale immersive venue. The company said the…
Abu Dhabi is getting ready for a big rise in beach visitors during Eid Al Adha. Public beaches across the capital will see large crowds. Families and tourists are expected to gather in high numbers. To manage this, the Abu Dhabi City Municipality has increased readiness at all major beach sites in Abu Dhabi. The municipality has created a full plan for the holiday period. Teams have already completed deep cleaning across all public beaches. Maintenance work is also finished. Facilities are now in top condition. Safety teams are active day and night. Emergency staff will stay on standby at…
During Eid Al Adha holidays in the UAE, authorities have announced free public parking across several emirates. The move is designed to make travel easier and reduce road congestion during the busy holiday period. The exemption applies in Dubai, Abu Dhabi, Sharjah, and Ajman. However, multi-storey parking buildings will still charge normal fees in most locations. Officials also said that transport services, including metro, tram, and buses, will operate on revised schedules. Some toll systems will also be adjusted in certain areas. Residents are advised to check local rules before travelling, as parking times and conditions may vary slightly across…
Imagine Dragons will headline the after-race concert during the Formula 1 Etihad Airways Abu Dhabi Grand Prix in December 2026, giving fans another major entertainment moment during the Formula 1 season finale in the UAE. The popular band, known for global hits such as “Radioactive,” “Believer,” “Demons,” and “Thunder,” will perform on Saturday, 5 December, at Etihad Park on Yas Island. The concert is part of the Yasalam entertainment programme, which has become one of the biggest attractions during the Abu Dhabi Grand Prix weekend. Over the years, the event has combined Formula 1 racing with large-scale music performances featuring…
Economy Middle East Summit 2026 opened on Thursday in Abu Dhabi, bringing together top government officials, business executives, policymakers, and financial leaders from around the world. The summit is taking place in partnership with Abu Dhabi Global Market, also known as ADGM. The event is being held at the Rosewood Abu Dhabi under the theme “The Economy of Tomorrow: The UAE Emerges Stronger.” This year marks the third edition of the major business event. Organizers said the summit has attracted more than 1,500 participants, including regional and international media representatives. More than 30 senior officials, industry experts, and business leaders…
New York University Abu Dhabi marked a major achievement as it hosted its 13th commencement ceremony at Etihad Arena for the first time. The event celebrated the university’s largest graduating class since it opened in 2010. Nearly 600 undergraduate and graduate students received degrees during the ceremony. The class included students from more than 80 countries, showing the university’s strong global reach and diverse academic community. The ceremony welcomed several senior university leaders and guests. Among them were Evan R. Chesler, Linda Mills, and Rima Al Mokarrab. The event also featured a keynote speech from Mo Gawdat, a bestselling author…
Abu Dhabi Ship Building has signed a major defence contract worth €320 million (about Dh1.3 billion) with Italy’s Leonardo. The deal will provide advanced naval combat systems for Kuwait’s new missile boat programme. It marks another step in growing defence ties between the UAE and Europe. The agreement is between Leonardo and Abu Dhabi Ship Building, a key unit of the UAE defence group Edge. The systems will be used in the Falaj 3 configuration for Kuwait’s Al Dorra missile boat programme. The project comes at a time of rising tensions in the Gulf region and wider Middle East. Leonardo…
UFC is set to return to Abu Dhabi with a new Fight Night event. The move is part of a wider global growth plan led by TKO Group Holdings. The company is expanding its live event strategy across key international and U.S. markets. This includes new partnerships that support repeat events and long-term venue deals. The Abu Dhabi Fight Night comes after a recent agreement in Arizona. Both deals show a clear direction for TKO. The company is building a network of stable event hubs instead of relying only on one-time shows. This approach helps create steady income from live…
The United Arab Emirates is continuing to strengthen its position as one of the world’s leading destinations for company formation, startups, and entrepreneurship. The country is attracting growing interest from global investors due to its strong economic policies, modern infrastructure, and flexible business environment. Experts and business leaders say the UAE has built a system that supports fast company creation and long-term growth. This system combines clear regulations, advanced digital services, and strong logistics networks that help businesses operate efficiently. The country’s location also plays a major role in its success. Sitting between Europe, Asia, and Africa, the UAE gives…
