As the nation ups its digital strategy Oman Investment Authority (OIA), the sovereign wealth fund of the Arabian Gulf country, has taken an undisclosed stake in Elon Musk’s artificial intelligence (AI) company, xAI. This is the latest in a series of high-profile partnerships with the American
Elon Musk
Dubai entity invests in high-growth sectors Damac Capital, the investment arm of Dubai-based Damac Group, has reported a strong return on investment (ROI) from its strategic stake in trendsetting space tech and exploration company SpaceX. The Dubai entity is positioning its investment portfolio in high-growth sectors with substantial ROI potential and has been expanding