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Yuno, a global payment orchestration platform, has established its regional headquarters in Qatar, partnering with Invest Qatar to support its expansion in the Middle East. This move aligns with Qatar’s economic diversification strategy and aims to enhance local talent through knowledge exchange. Yuno's platform offers over 1,000 payment methods and integrates advanced security features, positioning it strategically in the growing digital payments sector.
The Qatar Financial Centre (QFC) launched the QFC Metaverse at Web Summit Qatar 2025, a structured digital platform aimed at enhancing business engagement and collaboration in the financial sector. This initiative aligns with Qatar National Vision 2030, integrating Web3 technologies to support fintech growth, education, and international partnerships. Key features include virtual exhibition halls, event auditoriums, and customizable avatars, all designed to foster innovation and networking in a controlled environment.
Media City Qatar and Huawei have forged a strategic partnership to enhance digital transformation in Qatar's media sector, signing a Memorandum of Understanding at Web Summit Qatar 2025. This collaboration will establish a smart media campus featuring advanced AI, cloud technologies, and integrated systems, aiming to elevate customer experiences and support Qatar National Vision 2030.CEO Engineer Jassim Mohamed al-Khori emphasized the partnership's role in redefining the media landscape, while Huawei's Rico Lin highlighted its potential to transform media creation and delivery. The initiative positions Qatar as a global media innovation leader, attracting international enterprises and fostering a vibrant media ecosystem.
Media City Qatar has partnered with Huawei to enhance digital transformation in Qatar's media sector, announced at Web Summit Qatar 2025. This collaboration will establish a smart media campus featuring advanced AI, cloud technologies, and intelligent systems, aiming to elevate customer experiences and position Qatar as a global media hub.Eng. Jassim Mohamed Al Khori, CEO of Media City Qatar, emphasized the partnership's role in boosting operational efficiency and fostering creative growth, while Huawei's Rico Lin highlighted the transformative impact on media creation and delivery.
Elon Musk's xAI is set to launch its Grok 3 chatbot, touted as the "smartest AI on Earth," on Monday at 8:00 pm Pacific time. Trained on synthetic data, Grok 3 can analyze its errors for logical consistency, aiming to compete in a crowded AI market dominated by products like OpenAI's ChatGPT. Despite concerns about AI risks, Musk is aggressively pursuing investment in the sector, with xAI recently raising $6 billion, positioning it as one of the world's most valuable startups.
King Charles and Prime Minister Keir Starmer hosted Qatar's emir, Sheikh Tamim bin Hamad Al Thani, for a state visit to Britain on Tuesday. The visit aims to strengthen the Gulf state's investment in the UK, highlighting the importance of international relations and economic collaboration.
Ipsos is preparing a binding offer to acquire Kantar's TV audience data business. Qatar's sovereign wealth fund has purchased a significant minority stake in Audi's Formula 1 team, while Aster DM Healthcare will merge with Quality Care India. Other notable deals include TI Fluid's £1.04 billion takeover by ABC Technologies and Fortress Investment Group's acquisition of Loungers for £350.5 million.
The Middle Eastern sovereign wealth fund landscape is undergoing significant changes, with Qatar appointing a new CEO for its $510 billion fund and Kuwait replacing the head of its $1 trillion state-backed investor. Meanwhile, the Abu Dhabi Investment Authority is navigating a strategic shift.
UBS co-hosted the "Finance Summit 2024" in Doha, Qatar, alongside Invest Qatar, attracting institutional investors and major entrepreneurs. The event highlighted Qatar's growth as a financial hub and discussed investment strategies amid market volatility, featuring notable speakers like Qatar's Finance Minister and the ex-CEO of Unilever. This summit reinforces UBS's long-term partnership with Qatar, where it has established a wealth management office and a centralized solutions platform.
UBS co-hosted the "Finance Summit 2024" in Doha, Qatar, alongside Invest Qatar, attracting institutional investors and notable speakers, including Qatar's Finance Minister and the ex-CEO of Unilever. The two-day event focused on Qatar's growth as a financial hub, investment strategies, and sustainable technologies. This summit reinforces UBS's long-term partnership with Qatar, highlighting its commitment to the region's economic development.
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