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.
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.
Saudi Arabia's RUA AlHaram AlMakki and Rua Al Madinah Holding have signed two strategic collaboration agreements with Brunei's TAIB in Bandar Seri Begawan. The partnership opens investment channels for real estate developments in Makkah and Madinah, including a joint venture within Makkah's King Salman Gate destination with an estimated gross development value of SAR 9.7 billion.
The Dot Group has promoted Jim Sholders to Chief Executive Officer of Yugo USA, completing the integration of Campus Advantage 12 months after its acquisition. Sholders previously served as President from 2025 and brings over 30 years of student housing experience. In his new role, he will drive North American expansion as Yugo targets tripling its US holdings and joins The Dot Group’s global Executive Leadership Team.
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