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.
Sellafield Ltd has selected its preferred partners for the Project and Asset Care Execution (PACE) framework, a £3.6 billion initiative to deliver site-wide asset maintenance and construction. The initial nine-year framework covers process handling, decommissioning, and nuclear infrastructure. It focuses on off-site construction, local employment, apprenticeship investment, and small-business supply chain opportunities across West Cumbria through 2041.
Global investment firm KKR has agreed to sell Japan's Central Tank Terminal Co., Ltd. and Korea's Central Terminal Korea Co., Ltd. to institutional investors. Having acquired CTT in 2021 and CTK in 2023, KKR expanded both bulk storage platforms across Asia. The infrastructure transactions remain subject to customary closing conditions, with financial details unrevealed.
A new joint venture between Innovo Build and REDCON Construction has secured a contract exceeding 12 billion Egyptian pounds for Modon Developments' flagship project in Egypt. The alliance will deliver infrastructure and contracting works for the "DP03 East" package at "Wadi Yam" in Ras El Hekma. Spanning 323,000 square metres, the 21-month project includes over 660 residential units, a commercial mall, scenic lakes, landscaping, and road paving.
Grova Developments, the real estate arm of Hassan Allam Holding, has appointed Hassan Allam Construction to build Grova Westfields in West Cairo under a USD 1 billion contract. Spanning 303 acres in Sheikh Zayed, the development features a five-star hotel, branded residences, luxury villas, and apartments. Delivered with Egyptian Kuwaiti Company for Real Estate Development, it follows the company's recent expansions in Cairo and Riyadh.
Samsung Electronics and five group affiliates have committed USD 1 billion to Helix Digital Infrastructure, an AI platform created by KKR. Samsung Electronics contributes USD 500 million, alongside funds from Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance and Samsung Fire & Marine Insurance. Helix builds hyperscale data centres, power generation and fibre networks alongside founding backers KKR, KIA, NVIDIA and Vistra.
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