Neil Halligan

Ireland

Journalist at AGBI

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Articles

Microsoft urges rule change on US exports of AI chips to Gulf

1 month ago | agbi.com | Neil Halligan

Artificial Intelligence Microsoft wants wider AI chip salesGulf states are ‘tier two’May look to China insteadMicrosoft has asked President Trump’s administration to ease export restrictions on artificial intelligence chips for a group of US allies, including the UAE and Saudi Arabia.
Barloworld rejects Zahid’s $1.25bn takeover bid

1 month ago | agbi.com | Neil Halligan

Construction Shareholders at South African construction equipment company Barloworld have voted against a takeover offer by Saudi company Zahid Group. The Jeddah-based conglomerate offered to buy shares of the South African listed company at 120 rand ($6.50) apiece, valuing it at around $1.25 billion. The deal failed to secure the majority required, Barloworld said in a statement.
Why Gulf demand for satellites is taking off

1 month ago | agbi.com | Neil Halligan

Space Gulf satellite spend to hit $75bnFinland’s Iceye working with Abu Dhabi‘Earth observation’ a growing fieldMan has gone there before, but for the Gulf Arab states the space race is only just picking up. Led primarily by the UAE and Saudi Arabia, Middle Eastern countries have spent $25 billion on satellites and other space projects and equipment over the past decade.
Burjeel wins Abu Dhabi healthcare contract

1 month ago | agbi.com | Neil Halligan

Health Robert Oswald Alfiler/Alamy The UAE hospital operator Burjeel Holdings has won a contract from Abu Dhabi worth AED225 million ($61 million) to manage and develop healthcare facilities in the emirate and in Africa.
UAE’s Ambrosia pays $500m to Allied Gold for Mali mine

1 month ago | agbi.com | Neil Halligan

Mining Ambrosia buys 50% stakeIncludes share of parent companySadiola mine currently expandingUAE fund Ambrosia Investment Holding has bought a 50 percent stake in a mine in the African state of Mali from Toronto-listed Allied Gold.
G42's Presight agrees Albania 'smart city' deal

1 month ago | agbi.com | Neil Halligan

Artificial Intelligence Unsplash/Dario Daniel Silva Data analytics company Presight, a unit of Abu Dhabi technology group G42, has agreed to work with Albania’s ministry of interior to implement an artificial intelligence-powered “smart city” project in the Balkan state.
DHL buys stake in Saudi logistics company Ajex

1 month ago | agbi.com | Neil Halligan

Logistics The US logistics company DHL has bought a minority stake in the Saudi parcel logistics company Ajex to tap into growth in the largest Arab economy. DHL eCommerce bought the stake in Riyadh-based Ajex Logistics Services, the DHL unit said, without disclosing the sum.
UAE’s Aqua Bridge to build aquaculture farm in India

2 months ago | farmlandgrab.org | Neil Halligan

AGBI | 21 February 2025UAE’s Aqua Bridge to build aquaculture farm in IndiaBy Neil HalliganThe project in the Uttar Pradesh town of Unnao includes the development of a 1 million tonne aquafeed plant to supply India's growing aquaculture sector Aqua Bridge GroupA UAE aquaculture company linked to the ruling Al-Maktoum family of Dubai has agreed to develop an aquaculture farm and research centre in the Indian state of Uttar Pradesh at an initial cost of $461 million.
Abu Dhabi’s Aqua Bridge to build aquaculture farm in India

2 months ago | agbi.com | Neil Halligan

Agriculture $461m fish farming facility1 million tonne aquafeed plant100,000 farmers to be trainedA UAE aquaculture company linked to the ruling Al-Maktoum family of Dubai has agreed to develop an aquaculture farm and research centre in the Indian state of Uttar Pradesh at an initial cost of $461 million.
Dubai company launches halal-brewed Arabian Ale

2 months ago | agbi.com | Neil Halligan

Food & Drink World’s first halal-brewed aleAlcohol-free and not haramCertified by UAE authoritiesA Dubai company has launched what it says is the world’s first halal-brewed ale beverage. Majlis Premium Arabian Ale, which is alcohol free, has been developed by a company called Midtown Factory, using many ingredients found in regular beer.