Mubadala Investment Company has partnered with San Francisco-based Together AI to explore artificial intelligence infrastructure opportunities across the UAE. As part of the strategic agreement, Together AI will establish a physical office in Abu Dhabi, delivering its inference models and open-source cloud computing capabilities closer to regional developers. The deal follows Mubadala's $100m investment in Together AI's Series C funding round in July 2026.
The Green Economy Financing Facility, supported by the EBRD and the European Union, has reached 25,000 households across the Western Balkans. Marking the milestone with a family in Vrčin near Belgrade, the initiative provides loans and grants to improve residential energy efficiency, cut electricity costs, and install clean energy technologies such as solar panels and heat pumps across the region.
TARAF, the real estate arm of Yas Holding, has signed a Memorandum of Understanding with sovereign investor Mubadala to explore developing a major mixed-use waterfront destination on Abu Dhabi's Al Reem Island. The proposed project covers 10 plots spanning 655,000 square feet of land and roughly 5.4 million square feet of gross floor area, integrating residential, commercial, retail and dining spaces.
Minor Hotels has launched its Oaks Hotels, Resorts & Suites brand in Japan with the dual opening of Oaks Vacation Club Kyoto Gojo and Oaks Vacation Club Kyoto Shijo. Located in central Kyoto, the two properties add a combined 47 rooms featuring kitchenette facilities, positioning the Australian-founded brand in its second Asian country alongside nearby historic landmarks and transport networks.
Petrovietnam has signed major energy agreements with American firms during General Secretary and President To Lam's working visit to the United States. Deals inked with Chevron, ExxonMobil Asia Pacific and Murphy Oil aim to secure crude supplies, advance offshore developments and attract funding. The state-owned energy group outlined a US$29.2 billion investment plan for 2026 to 2030 to join the Fortune Global 500 list.
Abu Dhabi developer Aldar and Sharjah-based Arada have entered into a landmark strategic partnership worth approximately AED 15 billion. Marking Arada's entry into the Abu Dhabi property market, the agreement involves co-developing a 1.5 million square metre mixed-use masterplan at Seih Sdeirah and acquiring three residential plots on Yas Island to deliver premium lifestyle communities.
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