Prime Highlights:
- Arabian Gulf Investment (AGI) and China’s Green Harbor Investment (GHI) signed an MoU to create a $500 million fund supporting advanced technology, AI, and robotics.
- The partnership aims to explore global and local IPO projects, with a focus on pre-IPO opportunities in high-growth tech sectors.
Key Facts:
- The fund will target AI computing infrastructure, AI products, and robotics systems, including humanoid, collaborative, and service robots.
- The agreement was signed at the Mandarin Emirates Palace Hotel in Abu Dhabi by AGI Chairman Dr. Khalifa Saif Al Muhairbi and GHI Chairwoman Zhi Di Liu.
Background
Arabian Gulf Investment (AGI), based in Abu Dhabi, has signed a Memorandum of Understanding (MoU) with China’s Green Harbor Investment (GHI) to start a $500 million investment fund. The fund will support advanced technology, artificial intelligence, and robotics. They signed the agreement at the Mandarin Emirates Palace Hotel, taking an important step to strengthen investment cooperation between the two countries.
The MoU was signed by Dr. Khalifa Saif Al Muhairbi, Chairman of Arabian Gulf Investment Group, and Zhi Di Liu, Chairwoman of Green Harbor Investment, in the presence of senior representatives from both sides. The companies said the new fund will focus on local and global IPO projects, with a strong emphasis on pre-IPO opportunities and high-growth tech sectors.
Dr. Al Muhairbi said the partnership with GHI will create new opportunities in important areas, especially technology and AI, and help both sides keep up with fast global changes. He also thanked the UAE’s leadership for supporting private companies and enabling them to contribute to economic growth.
He added that the fund will explore top opportunities in advanced technology and artificial intelligence, with announcements on global investments expected in the coming period. AGI aims to expand and diversify its portfolio by targeting emerging markets in artificial intelligence and next-generation technologies.
The fund’s focus includes AI computing infrastructure, such as AI chips, high-speed networks, and AI-optimised data centres. It will also fund AI products that people use directly, such as AI helpers, customer service robots, workflow automation tools, smart home devices, wearables, and platforms that create AI content.
In addition, the fund will target robotics systems; from humanoid and collaborative robots to service robots used in healthcare, logistics and facility management. It also plans to develop key robotics technologies, including motion-control software and AI-based perception systems.
The partnership shows that the region is working to become stronger in global AI and robotics innovation.