Kelsey Warner

1 week ago | yahoo.com | Kelsey Warner

The NewsAbu Dhabi: Home to some epic wealth, and increasingly, some epic divorce settlements. An American woman, ending her UK marriage in Abu Dhabi Civil Family Court this month, was awarded more than 100 million dirhams ($27.2 million) in one of the largest such payments ever made to a female expat in the Gulf, The National reported. Recent changes to the UAE’s courts are bringing in the exes.

1 week ago | semafor.com | Kelsey Warner

The GCC is looking east and west for free trade agreements and foreign investments to drive non-oil revenue.

1 week ago | semafor.com | Kelsey Warner

Ronaldo’s two-and-a-half-year, $227 million contract made the prolific goal-scorer an unlikely ambassador for the changing kingdom. Since signing with the Public Investment Fund-owned team in 2022, he has drawn fans to Riyadh who may have never otherwise visited, and pulled in TV viewers and sponsorships. He rocked a thobe and bisht on Saudi National Day and has popped up on Instagram to promote new tourism locales on the Red Sea.

1 week ago | semafor.com | Kelsey Warner

SolarWinds is eyeing double-digit revenue growth in the Gulf as the Texas-based IT software company rebuilds following a cyberattack in 2020. More than 80% of government entities in Saudi Arabia, the UAE, and Qatar already use its software, and the now privately held company aims to accelerate the rollout of new tools for the artificial intelligence age, SolarWinds’ chief technology officer told Semafor.

2 weeks ago | semafor.com | Kelsey Warner

Abu Dhabi’s technology investment fund MGX and US chipmaker Nvidia are partnering with French firms to build Europe’s largest artificial intelligence data center, near Paris. The deal for the 1.4 gigawatt-capacity campus, with France-backed investment firm Bpifrance and the country’s generative AI champion Mistral AI, was made at the Choose France summit in Versailles and builds on an earlier UAE commitment to invest up to €50 billion ($56.4 billion) in French data centers.