Hut 8 (NASDAQ:HUT) an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, has registered to open an office in Dubai UAE. The company also disclosed it had raised $220 million to purchase Bitcoin and mining infrastructure and has announced that by March 2025 it has approximately 10.8 GW of development capacity.

The announcement was published in an article in Bloomberg. CEO of Hut 8, Asher Genoot noted that the new Dubai office would enhance the precision and efficiency of Hut 8’s capital strategy.

Hut 8 confirmed to Bloomberg that the Dubai office would house a new team focused on trading and digital asset strategies. The company already operates facilities in Texas, New York, and Alberta, Canada.

Hut 8 joins UAE based Phoenix Group, as well as Marathon Digital Holding who also have operations in the UAE. The UAE has been building its data center capacities as it seeks to lead in both AI and digital asset infrastructure.

In March 2025, Hut 8 announced the launch of American Bitcoin Corp. (“American Bitcoin”), a majority-owned subsidiary of Hut 8 focused exclusively on industrial-scale Bitcoin mining and strategic Bitcoin reserve development. The launch of American Bitcoin follows the strategic contribution of substantially all of Hut 8’s ASIC miners to and in exchange for a majority interest in American Data Centers, Inc., a company formed by a group of investors including Eric Trump and Donald Trump Jr. In connection with the transaction, American Data Centers, Inc. was subsequently renamed and relaunched as American Bitcoin.

However a Hut 8 spokesperson told Bloomberg that the Dubai office is not related to its relationship with American Bitcoin.

Other countries such as Oman have also invested heavily in powering datacenters for Bitcoin mining and other applications.

Egypto based Aria Ventures, a specialized venture studio focused on building startups, launches a $1 million (50 million EGP) investment to support promising companies in the Deep-Technology sector between 2025 and 2026, which it then aims to grow to a $4 million ( 200 million EGP).

As per the press release, the initiative aims to bridge the gap between pioneering research and market applications, enabling deep technological innovations to grow and flourish. The sectors include industry, agriculture, healthcare, Artificial Intelligence (AI) and machine learning, Biotechnology, industrial digitalization, Internet of Things (IoT), Nanotechnology, robotics, and other fields that rely on profound scientific and technical innovation. 

Dr Amr Al-Awamry, CEO of Aria Ventures, stated, “We work on building startups from the ground up by validating ideas, assembling teams, providing technical and commercial infrastructure, and supporting projects through early growth stages.”  He added, “The company’s model combines strategic capital deployment with direct involvement to bridge the gap between pioneering research and market-ready startups.” 

In line with its commitment to fostering innovation, Aria Ventures recently launched the DeepTecher competition.  This competition aims to discover and nurture technological research and transform it into promising Deep-Technology projects.  The competition provides a platform for innovators to showcase their technologies and receive the necessary support to turn them into successful startups.  It includes several evaluation and mentoring stages and offers valuable prizes and funding opportunities for winning projects through Aria Ventures. 

Al-Awamry added that this step underscores Aria Ventures’ commitment to supporting deep technological innovation in the region, contributing to a knowledge-based economy driven by advanced technologies, and enhancing the position of Egyptian startups in the global Deep-Technology landscape. 

Earlier The Hashgraph Association also launched the Africa Hedera Hackathon with prizes over $1 million, as well as a deeptech studio in Saudi Arabia in 2024.

United Kingdom and Saudi Arabian Equivator, a premier alternative investment firm, has made a strategic investment of $8 million in UAE headquartered Related, where the funds will be used to launch AI and Blockchain solutions and expand into the United Kingdom.

As per the press release, the investment underscores Equivator’s commitment to nurturing groundbreaking ventures within high-growth sectors. It is aimed at accelerating Related’s expansion in the Kingdom, boosting innovation, and fast-tracking the launch of transformative solutions in AI, blockchain, and customer experience.

It also strengthens Related’s position as the company of choice for loyalty and rewards in Saudi Arabia and the broader Middle East and North Africa (MENA) region. The alliance aligns with Saudi Arabia’s wider economic diversification goals and its rapid digital transformation under Vision 2030.

Related currently services more than 30 million users across the GCC and Levant, powering loyalty programs for leading institutions in telecommunications, banking, retail, utilities, and entertainment.

“We are thrilled to welcome Equivator as a strategic partner on our journey to redefine loyalty and engagement in the region,” said Rabih Farhat, CEO of Related. “This partnership is more than a transaction; it’s a transformation, a joint mission to reshape the future of fintech-powered loyalty solutions in line with the Kingdom’s innovation agenda.”

The investment builds upon Equivator’s earlier involvement in the loyalty-focused B2C space through its prior investment in Uplines. In a decisive move, Related has acquired Uplines in full, integrating it into its broader strategic framework and setting the stage for a bold relaunch. As part of the development strategy, Related will introduce a range of new products and offerings, from Advanced AI tools to blockchain-enabled rewards platforms, gamification features and payments. These will enhance B2B and B2C experiences while unlocking value for brands and consumers alike.

“This is more than an investment. it’s a strategic deal to build a regional champion in loyalty and digital payments,” stated Enes Şehzade, CEO at Equivator. “Together, we aim to power a new era of data-driven customer engagement and reward invention.”

Equivator will support Related’s market entry into Europe and beyond while helping establish initiatives such as the “Related Loyalty & Fintech Authority”, a new regional knowledge and policy forum further solidifying Related’s leadership.

The Hashgraph Association a Swiss non-profit organization driving global adoption of Hedera-powered solutions by funding innovation, training, certification, and venture building programs, in collaboration with Exponential Science Foundation, a not-for-profit foundation accelerating responsible tech adoption, via research, education, and innovation activities, has launched the Hedera Africa Hackathon 2025 to enable the next generation of Web developers and empower economic inclusion in Africa with a digital future for all.

As per the press release, the Hackathon will be the biggest Web3 Hackathon initiative combines online participation with onsite events in over 20 African cities, with a goal of attracting over 10,000 participants across more than 15 countries on the African continent. Developers, students, and entrepreneurs are invited to collaborate to build decentralized solutions on Hedera across industries such as Finance, Healthcare, Telecoms, Sustainability, Agriculture, and Manufacturing, while leveraging the convergence of other deep technologies such as AI, IoT, Robotics, and Quantum Computing, with a prize pool of more than $1 million on offer for the winning teams and projects.

With global participation officially open from August 1 to September 30, 2025, the hackathon tasks applicants to develop blockchain/distributed ledger technology (DLT)-based, scalable solutions tailored to the continent’s most urgent challenges and needs. All solutions will be built on the Hedera network an energy-efficient and cost-effective DLT, which offers cost predictability, the highest levels of security, and the ability to support reliable, scalable, and enterprise-grade applications.

Already having secured the backing and participation of more than 50 global and regional partners to be announced over the next few weeks, as well as over 100 universities and tech hubs, the hackathon is designed to be the largest of its kind on the African continent. The event will offer extensive technical education, certification, and hands-on support from Hedera-Certified engineers, with hacking stations to be established in cities such as Lagos, Cairo, Nairobi, Kinshasa, Cape Town, Casablanca, and Tunis for in-person collaboration, alongside a fully virtual Hackathon track accessible worldwide.

“Africa is home to one of the youngest, most enthusiastic and dynamic tech communities in the world; its future will depend on digitization,” said Kamal Youssefi, President of The Hashgraph Association. “By equipping developers and entrepreneurs with Web3 skills and next generation toolkits, we’re not just solving today’s problems, we’re shaping the future of decentralized innovation in one of the world’s most significant growth markets, fostering a digital future for all through financial, identity, and communication inclusion.”

The hackathon aims to catalyze continuous innovation across four key tracks: On-Chain Finance and Real-World Asset (RWA) Tokenisation; ESG Sustainability and Traceability; Self-Sovereign Identity (SSI) and AI; and Gaming, Metaverse, & NFTs.

Developers of all skill levels and backgrounds are encouraged to participate — no prior blockchain experience is required. Extensive training resources will be provided through the Hedera Academy, with access to a thriving developer community.

The Hashgraph Association and the Exponential Science Foundation will be carrying out awareness and training campaigns to prepare participants for the hackathon before the official start date on August 1st 2025.

 Initiatives such as the Hedera Africa Hackathon encourage the next generation of tech builders, researchers, and entrepreneurs. As well as driving blockchain education and innovation within a continent that is showing incredible growth potential. We encourage anyone with an interest in blockchain technology to sign up and start developing the next wave of practical solutions across multiple industries to gain valuable experience and a chance to claim the prize pool. Our hope is that participants will go on to launch their own ventures and share their learnings,” said Paolo Tasca, Co-Founder & Executive Chairman of Exponential Science Foundation.

The Hedera Africa Hackathon 2025 is operated and supported by a strong network of partners, under the experienced leadership of DAR Blockchain, a Tunisian-based Web3 Hub that has been operating in the Web3 industry since 2017. DAR Blockchain plays a significant role in magnifying the impact of this hackathon initiative across the continent and builds on THA’s previous efforts to support blockchain innovation in Africa.

UAE regulated Changer,a digital asset custodian and Bitgrit, a global startup working to democratize AI who recently registered their DLT Foundation at ADGM, have partnered to advance the Distributed Ledger Technology (DLT) Foundation ecosystem in Abu Dhabi Global Market (ADGM), to unlock new frontiers for “AI-on-chain” technology.

Changer, known for its ultra-secure custody platform for managing digital money and assets, will join forces with Bitgrit, which leverages its global network of over 40,000 AI developers to enable companies to crowdsource and license innovative AI solutions. Together, they aim to power a decentralized AI economy where developers, enterprises, and institutions can securely build, monetize, and trade AI models on the blockchain, right here in Abu Dhabi.

Wang Hao, CEO of Changer, stated, “This is a pivotal moment. Changer is dedicated to supporting ADGM’s DLT Foundation – the world’s first comprehensive framework for blockchain foundations, DAOs, and Web3 entities. We provide secure, regulated digital asset custody and a seamless infrastructure for tokenized ecosystems. With Bitgrit, we are forging new standards for transparency, efficiency, and global cooperation in the digital age.”

The partnership will initially see Changer provide custody services for Bitgrit’s native BGR tokens. It will then expand to secure AI models and datasets tokenized on Bitgrit’s BGR Network. This capability is crucial for creating smooth and secure interactions between traditional finance, cryptocurrency, and the burgeoning AI economy, boosting security, transparency, and worldwide appeal.

Kazuya Saginawa, CEO of Bitgrit, underscored the partnership’s strategic vision, “Teaming up with Changer is a game-changer for Bitgrit. Their trusted custody solutions allow us to confidently scale our decentralized AI ecosystem and position Bitgrit as a pioneer in the AI-on-chain revolution. This alliance solidifies our mission to securely bring advanced AI onto the blockchain, which will create immense value for developers, businesses, and investors across the globe.”

The event also served as an official announcement for the launch of the BGR Network by Bitgrit’s COO Saksham Kukreja. The BGR Network is a purpose-built blockchain ecosystem for AI applications. It allows AI models and datasets to be securely tokenized, owned, and traded on-chain, offering unprecedented transparency, ownership, and monetization avenues for AI creators and enterprises. Its ability to connect with other established blockchain systems makes it a pioneering infrastructure for the next wave of AI development.

Saksham Kukreja COO of Bitgrit added, “Our collaboration with Changer is fundamental to establishing a trusted, secure, and regulatory-compliant AI economy on the blockchain. This is not only a major achievement for Bitgrit but also a compelling example for the global Web3 community of how regulated partnerships in progressive jurisdictions like ADGM can catalyze sustainable and truly impactful innovation.”

The cooperation between these two regulated firms within ADGM underscores how supportive regulatory environments can powerfully drive innovation, further cementing Abu Dhabi’s position as a global leader in the advancement of blockchain and artificial intelligence.

Binance the leading global crypto exchange, which holds a license both in the UAE and Bahrain within the MENA region, and which recently received a $2 billion investment from MGX an Abu Dhabi technology investment company, has announced the listing of World Liberty Financial USD (USD1) on May 22nd 2025. Binance listed World Liberty Financial USD (USD1) and opened trading for the following spot trading pair USD1/USDT. Users can now start depositing USD1 in preparation for trading.

One day prior Donald Trump’s crypto venture World Liberty Financial launched its stablecoin on Kucoin which was recently banned from the United States after admitting to violating anti-money laundering laws and agreeing to pay a $300 million fine.

USD1 Listing Fee: 0 BNB. The crypto exchange also noted it added World Liberty Financial USD ( USD1) to Binance Simple Earn, “Buy Crypto”, Binance Convert, and Binance Margin at the respective dates and timings listed below. USD1 Flexible Products will be listed on Binance Simple Earn at 2025-05-22 12:00 (UTC) and will be available for subscription.

Users can buy USD1 with VISA, MasterCard, Google Pay, Apple Pay, Revolut or buy and sell USD1 with their account balances on the “Buy Crypto” page, available within one hour of USD1being listed on Binance Spot.

Users will also be able to start trading USD1 against BTC, USDT, and any other tokens on Binance Convert at zero fees within one hour of USD1 being listed on Binance Spot. Binance Margin will add USD1 as a new borrowable asset on Cross and Isolated Margin, as well as the USD1/USDT pair on Cross and Isolated Margin at 2025-05-22 12:20 (UTC).

This comes weeks after Eric Trump announced that the stablecoin used for the investment into Binance by UAE sovereign AI fund MGX, was World Liberty Financial USD.

Richard Teng talks to CNN about MGX Investment into Binance but not the name of stablecoin

Yet even in his most recent interview with CNN, Richard Teng still did not disclose the stablecoin that was used in MGX investment into Binance, while he did talk about what this means for the future of AI and crypto.

In a new series, entitled Intelligent Future which focuses on how technology is revolutionizing our world, CNN’s Becky Anderson sat down with Binance’s CEO, Richard Teng.

He noted that crypto is the future. It is a technology that is traceable, trustless, and decentralized. It allows you to build financial infrastructure, any infrastructure, tokenization, supply chains and so many other uses cases.

He adds that in the current financial structure, it takes two days to send money at high costs, crypto and stablecoins resolve this.

When asked about MGX investment into Binance with $2 billion. Teng stated, ” Abu Dhabi and UAE are always at the forefront of thinking and development of the future world. If you look at MGX it is AI, datacenter investment advance technology power house, so we are glad that this is our first institutional investment, This is the first strategic minority investment into Binance, the largest in the crypto industry and the largest paid in stablecoins.”

He says it also shows the future role is one of convergence between traditional finance, blockchain, crypto, AI, so he believes it will be very interesting.

As for the final question on how important that the USA is now getting onboard the crypto program. Teng says, that this is very important because the USA is the largest capital markets in the world. It accounts for over 15% of global capital markets. So when they say I am going to go long on crypto, the rest of governments and capital markets cannot chose to ignore that.”

Once regulators around the world come into play, they will benchmark themselves according to what the USA has notes Teng.

As for the next five years, Teng believes, children will grow up in the blockchain and AI world. Fees paid for financial transactions will go down substantially with settlement periods shorter. There will be more choices for investments, and use cases

UAE Klickl, a regulated Web3 financial services provider, WeBank, China’s digital bank and Goldford Group have collaborated to create a cross regional fintech innovation alliance spanning across China, Hong Kong and the Middle East, which will include the development of a blockchain and AI incubation program.

The signing took place as part of a broader economic dialogue catalyzed by the official visit of a high-level delegation from Hong Kong and Mainland China to Qatar, led by Hong Kong Chief Executive John Lee.

At the ceremony, Klickl UAE CEO Dermot Mayes, Goldford Group representative and Legislative Council member Dr. Duncan Chiu, and senior executives from WeBank formally sealed the agreement—positioning the three parties to co-develop financial infrastructure across blockchain, AI, and quantum technologies.

The partnership represents the first structured initiative of its kind to link fintech ecosystems across the Greater Bay Area and the Middle East. Klickl brings its compliance-first Web3 financial capabilities and deep understanding of the Gulf regulatory landscape; WeBank contributes leading financial technology from Mainland China; and Goldford Group offers integration strength across Hong Kong’s tech innovation ecosystem.

The alliance will jointly pursue six core areas of cooperation, Blockchain & AI Incubation Platform, startup acceleration Across Asia–MENA, next-Gen Financial Services for Cross-Border Use Cases, digital Transformation for Legacy Financial Institutions, localized Fintech Deployment for Gulf Markets, quantum Technology Exploration in Financial Applications and Klickl’s Institutional Role which will be to bridge Regulation, Markets, and Innovation.

“This partnership is more than symbolic—it is strategic,” said Michael Zhao, Founder and CEO of Klickl. “As the only homegrown Web3 financial services provider in the region, we are proud to help bridge capital, compliance, and technology across three economic hubs. This alliance reflects not only our infrastructure readiness, but also the trust we’ve built with institutions across Asia and the Middle East.”

Klickl’s institutional credibility is backed by its status as a policy-aligned fintech entity, having participated in recent sovereign economic missions to Malaysia, Poland, and Japan. Its regulatory licensing through ADGM (FSP) and VASP registration in the European Union positions Klickl to operate across key financial jurisdictions, providing end-to-end Web3-native solutions including digital wallets (Klickl4U), institutional accounts (KlicklONE), payment rails (KlicklPay), stablecoin services, asset custody, and trading infrastructure.

Sharjah Maritime Academy (SMA)has launched a blockchain-based Micro-Credentials through its partnership with EduChain and it has developed an AI-powered smart campus.

SMA has automated 85% of its processes, using AI to create a smart, sustainable, and student-first academic environment. This isn’t a cosmetic shift – it’s systemic. From personalized learning to real-time analytics, SMA is building the digital infrastructure students need to thrive in tomorrow’s world.

SMA is the first maritime institution in the UAE to issue blockchain-based micro-credentials, through a partnership with Educhain. Every certificate, badge, and transcript is now tamper-proof, instantly verifiable, and globally shareable – making SMA students skills-first professionals ready for a tech-driven future.

“This is bigger than maritime,” said chancellor Dr Hashim Al Zaabi. “It’s about redefining education in a world where technology, automation, and sustainability shape every industry. We’re not catching up; we’re setting the pace.”

With digital-first systems, strategic partnerships, and graduates built for what’s next, SMA isn’t waiting for the future of education – it’s delivering it.

H.H Tahnoon Bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security advisor, as well as the son of Zayed bin Sultan Al Nahyan, the founder of the United Arab Emirates has been continuously busy meeting with top governmental officials as well as technology CEOs as he ramps up the Artificial Intelligence future of the UAE. Most of his meetings usually culminate in high level investments or announcements, so his recent meeting with the chairman of AMD and White House senior advisor for AI and crypto could mean something big is coming soon.

In less than three months, H.H. Al Nahyan has met three times with David Sacks, the White House Senior Advisor for AI and Crypto. In his third meeting on May 11th, the pair discussed strengthening bilateral cooperation in AI Innovation. H.H. Al Nahyan noted, ” Our discussion reflects the ongoing momentum in UAE-USA economic relations, where collaboration in advances technologies serves as a cornerstone for building smart sustainable digital future.”

Prior to that during his second meeting in the USA coincided with his official visit to Washington, where he met with US President Donald Trump, along with several senior officials and global business leaders including The visit included meetings with US Secretary of Commerce Howard Lutnick, Secretary of the Treasury Scott Bessent, National Security Advisor Michael Waltz, CIA Director John Ratcliffe, and Special Advisor on Artificial Intelligence and Digital Currencies David Sacks.

At the time, the meeting explored ways to strengthen bilateral relations and the longstanding strategic partnership between the two countries. Discussions also covered prospects for investment in key sectors, including Artificial Intelligence, advanced technology, infrastructure, industry, energy, and healthcare.

During meetings with CEOs and leaders of global companies, opportunities for joint investment were reviewed, with a focus on harnessing the potential of advanced technologies, AI, and innovation to drive inclusive development, increase growth, and improve quality of life.

At the end of that visit, several announcements and agreements. Notably, Nvidia and xAI joined the “AI Infrastructure Partnership”, an initiative aimed at advancing and accelerating the development of artificial intelligence and emerging technologies. ADQ and Energy Capital Partners (ECP), the largest private owner of power generation and renewables in the USA, announced a 50:50 joint venture based in the United States. The partnership aims to invest US$25 billion in new energy projects.

In addition, the Abu Dhabi Department of Government Enablement signed an agreement on behalf of the Government of Abu Dhabi with Microsoft and Core42, a subsidiary of G42 specialised in sovereign cloud, AI, and digital services. The agreement involves the implementation of a joint sovereign cloud system to enhance government service efficiency and develop new digital solutions.

His first meeting with Sacks on March 11th 2025, was an exploration one, where they discussed the transformative effects of AI across various sectors and the expanding role of digital currencies in reshaping financial systems, and the investment opportunities emerging at their convergence. Four days after his comment about the investment opportunities emerging at the convergence of AI and crypto, MGX chaired by H.H. made a $2 billion investment in Binance, bridging the investments being made in AI by MGX with crypto.

Now, in his most recent X post, he discussed his meeting with Lisa Su, the Chairman and CEO of AMD, the global chipmaker. In his X post he noted that with the accelerating trends in the field of AI and the pivotal role of compute infrastructure in shaping the future of technology, the meeting ” explored opportunities for collaboration.” He added that strategic partnerships with leading tech companies remain a cornerstone in advancing progress of regional and global development.

This comes as U.S. President Donald Trump will be visiting UAE in the next few days. As reported on CNN, “The UAE sees a once-in-a-lifetime opportunity to become a significant contributor in AI and advanced technology,” Anwar Gargash, diplomatic adviser to the UAE president, told CNN. “The commitment to invest $1.4 trillion… aligns with the UAE’s goal to diversify its economy away from its over reliance on hydrocarbons to ensure prosperity for the country in the future.” But it won’t be easy for Abu Dhabi to achieve its stated goal of becoming a global leader in AI by 2031 without advanced American microchips.

So will the meeting with AMD Chairman preceded by a third meeting with Sacks, culminate in a huge micro-chip deal that will propel the UAE into the AI future?

UAE based IHC, a global investment company focused on building dynamic value networks, plans to establish a new AI-driven reinsurance platform headquartered in the Abu Dhabi Global Market (ADGM) with BlackRock. At the core of the company’s operations will be an AI-native approach, unencumbered by legacy technology, to enhance data analytics, pricing strategies, and company operations. This technology will bolster underwriting capabilities by improving the quality and speed of risk assessments, thereby optimizing capital efficiency.

As per the press release, the new platform, yet to be named, will provide critical underwriting capabilities, underpinned by cutting-edge AI technologies, to help accelerate the rapid growth in the Gulf region and support the continued evolution of regional capital markets.

BlackRock will partner with the platform to provide leading insurance asset management, advisory, and its Aladdin technology capabilities to the initiative. Lunate will also be a partner in the new platform, leveraging its deep expertise in private and public markets and its global, multi-asset investment experience in supporting the platform.

The platform will offer tailored solutions covering Property and Casualty (P&C), Life, and specialized insurance products. With its base in ADGM, it will operate across key international jurisdictions, creating a local platform capable of adapting to the diverse demands of the global market, while maintaining a strategic focus on the Middle East and Asia.

The platform will implement a buy-and-build strategy, targeting initial liabilities exceeding $10 billion. Initial equity commitments are expected to surpass $1 billion, which will be bolstered by additional hybrid and debt financing. After the signing of definitive documentation, BlackRock will provide a minority investment commitment to the venture.

IHC also announced that the company will be chaired by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, GCEO and MD of ADNOC, and led by seasoned industry expert Mark Wilson, former CEO of Aviva Plc and AIA Group Limited, who brings a wealth of experience to this initiative.

“We are excited to bridge global capital with regional opportunities in this fast-growing market to launch a value accretive business with solid financial returns while shaping the future of insurance with cutting edge technology. Supported by exceptional global partners in IHC, BlackRock and Lunate, the new company will bring deep expertise, a strong capital base, and AI-driven underwriting to enhance efficiency and precision. Furthermore, establishing the company in ADGM gives us access to a robust regulatory framework, a rapidly growing insurance market, and dynamic financial hub,” said Dr. Sultan Ahmed Al Jaber UAE Minister of Industry and Advanced Technology


Syed Basa Shueb CEO of IHC noted, “This venture embodies IHC’s commitment to innovation and strategic growth. By leveraging our diversified portfolio and deep regional insights, we aim to redefine the insurance landscape, delivering sustainable value to our stakeholders and contributing to the economic prosperity of the region.”

Larry Fink, Chairman and CEO of Black Rock added, “We are proud to collaborate with IHC and Lunate in this transformative endeavor to help accelerate the development of a more dynamic insurance, capital markets and financial ecosystem in Abu Dhabi and the broader region. We look forward to applying our asset management, advisory and technology capabilities to support its growth.”