Saudi Arabia's National Infrastructure Fund and Humain, the kingdom's artificial intelligence company, announced a financing agreement of up to $1.2 billion on Wednesday to support the expansion of AI and digital infrastructure in the country.

The UAE is participating in the World Economic Forum, taking place in Davos, Switzerland, with a delegation led by Sheikha Latifa bint Mohammed bin Rashid, Chairperson of Dubai Culture and Arts Authority.

Sheikh Tahnoun bin Zayed Al Nahyan serves as chairman of G42, an Abu Dhabi-based artificial intelligence and cloud computing company founded in 2018, a position he has held since 2021. Under his leadership, G42 has expanded from a regional entity into a global leader in AI infrastructure, including supercomputing capabilities and machine learning research, with over 25,000 employees by 2024.

UAE President Sheikh Mohamed bin Zayed Al Nahyan met on Sunday 21st December, 2025 with Elon Musk for talks focused on artificial intelligence, advanced technology and international cooperation in emerging sectors. According to WAM, the two discussed ongoing developments in AI and next-generation technologies, and how such tools could be deployed to improve quality of life, accelerate global innovation and support long-term economic development. Both sides stressed the impor