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Semafor World Economy

Kelsey Warner

Kelsey Warner

Reporter

Email Kelsey

Sign up for Semafor Gulf: Navigating the region’s capital, influence, and power.

AI energy firm born out of ADNOC and G42 eyes US

AIQ has nearly 300 use cases for the oil and gas industry and is now looking to export from Abu Dhabi.
AIQ CEO Dennis Jol at Semafor Gulf Live. Semafor.

Dubai free zone looks to expand with focus on food security

Dubai Multi Commodities Centre has developed new hubs for traders in cacao, meat and protein, honey, and saffron, in a push beyond its historical dominance in gold and diamonds.
Women prepare cocoa beans next to a warehouse in Soubre.Luc Gnago/Reuters

Dubai wants residents to live longer

Dubai launched a new longevity authority, a body tasked with rolling out regulations covering R&D through to patient care.
Sheikh Hamdan bin Mohammed Al Maktoum. Amr Alfiky/Reuters.

Sam Altman calls off Abu Dhabi visit

As an investor and customer, the UAE has deep ties to OpenAI.
CEO of OpenAI Sam Altman on Capitol Hill.Kylie Cooper/Reuters

Blue Owl opens office in Abu Dhabi

Wall Street firms are still betting on the UAE capital despite uncertainty over the Iran war.
Abu Dhabi’s ADGM. Courtesy of ADGM.

Abu Dhabi continues to attract startup founders despite war

Organizers feared a subdued annual gathering for Abu Dhabi’s seven-year-old entrepreneurial center Hub71; the vibe at the event this week was anything but.
Abu Dhabi Department of Economic Development and Hub71 Chairman Ahmed Jesim Al Zaabi speaks at the Hub71 event in Abu Dhabi on June 9, 2026.Courtesy of Hub71

UAE employers plan to cut staff, pushed by uncertainty

A survey of 546 firms from US recruiting firm ManpowerGroup offers a rare forward-looking read on sentiment.

Abu Dhabi’s money man pledges accelerated US investment

Khaldoon Al Mubarak visited Washington, where he met with a number of Trump administration officials.

Abu Dhabi doubles down on French AI with fresh deals

A joint venture of MGX, state-owned investment bank Bpifrance, chipmaker Nvidia, and France’s AI champion Mistral announced a Campus AI expansion and total investment close to $9 billion.

UAE telecom giant e& gives up plan to build a ‘super app’

The company agreed to sell 12.5% of Careem Technologies back to Uber for $100 million, reducing its majority holding.

UAE ups pre-IPO stake in Anthropic

Sovereign wealth fund MGX backed the AI startup’s $65 billion fundraise, further strengthening its position in the Claude developer.

The US relied on a spurned friend during the Iran war: Canada

The US embassy in the UAE had to improvise to help Americans without passports after its facilities came under fire.

Operating rooms get AI-equipped in the UAE

Abu Dhabi is licensing technology from Johnson & Johnson to gather more data on medical procedures and outcomes.

Qatar Airways expands Africa network

The Doha-based carrier will resume flights to the Seychelles and Kigali, add a daily service to Marrakesh, and launch a new route to Port Sudan.

Emirates Airways to build new mega-hangar

The $5.1 billion hangar — slated to be the Gulf’s largest steel building — is capable of servicing 28 planes at a time.

Abu Dhabi to build Sphere as part of tourism push

Like its sister site in Las Vegas, the Sphere Abu Dhabi will seat up to 20,000, and is part of the city’s efforts to show that its hospitality industry remains unbowed.

Mubadala-backed M42 pitches genomics capabilities to the world

The healthcare firm has gathered a large database of the UAE’s gene pool, which it is using for personalized care.

UAE AI development faces bottlenecks, executives say

While access to chips has been a focus for Gulf states, other factors are also delaying progress.
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