Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Presight, Shorooq launch $100m global fund
Gulf Today
|September 24, 2025
ABU DHABI: Presight, a leading global Al and big data analytics company, and Shorooq, a leading Abu Dhabi-headquartered investment firm regulated by the FSRA as Fund Manager, today announced the launch of a global Al innovation fund (Presight-Shorooq Fund I) that aims to invest $IOO million in the next generation of Al breakthroughs.
-
Mansoor Al Mansoori, Vice Chairman of Presight, witnessed the signing ceremony of the Presight-Shorooq Fund I. He said, "Abu Dhabi stands at the forefront of global Al innovation, and the world increasingly looks to the UAE as a trusted leader in Al development and deployment. The Presight-Shorooq Fund is a strategic extension of this vision. With it, we are ushering in a new era where the most promising Al startups from around the world will not only se
This story is from the September 24, 2025 edition of Gulf Today.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Gulf Today
Gulf Today
Alonso says leaving F1 will be easier if Aston are competitive
Formula One's oldest driver Fernando Alonso says he is more likely to retire next year if his Aston Martin team have a competitive season.
1 mins
September 26, 2025
Gulf Today
GMU celebrates major academic milestone
WHITE COAT CEREMONY 2025
2 mins
September 26, 2025
Gulf Today
UAE-based AVZ develops solar bus system
To accelerate the UAE's sustainability agenda and to support the green mobility future in the country, AVZ, a UAE-based sustainability innovation company, recently unveiled its Green Trans solar bus system, that converts the heavy vehicles into energy harvesting platforms. By harnessing rooftop space, it generates renewable power that they use for onboard air conditioning. It reduces carbon emissions and improves fuel economy, and reinforces UAE's leadership in sustainable transport and green innovation.
1 min
September 26, 2025
Gulf Today
HC raps Kerala for failure to tackle human, tuskers' conflicts
The Kerala High Court has expressed strong discontent with the state government's apparent inaction regarding the escalating human-elephant conflicts, despite having issued explicit directives for prompt intervention.
1 mins
September 26, 2025
Gulf Today
S.Korea allows tattooists to work without a medical licence
Tattoo artists in South Korea will no longer need to worry about being punished for doing their jobs, as the country’s parliament on Thursday approved a landmark bill to end a requirement that anyone who gives a tattoo must have a medical licence.
1 mins
September 26, 2025
Gulf Today
Alcaraz sweats on ankle injury after opening win in Japan; Sinner downs Cilic to launch China Open title bid
World number one Carlos Alcaraz is sweating on his fitness at the Japan Open after injuring his ankle in a 6-4, 6-2 opening win over Argentina's Sebastian Baez on Thursday.
3 mins
September 26, 2025
Gulf Today
Expo to strengthen economic ties between countries on digital trade
The fourth Global Digital Trade Expo opened on Thursday in Hangzhou, Zhejiang Province, with the UAE taking part as an official Guest of Honour alongside Indonesia.
2 mins
September 26, 2025
Gulf Today
Abu Dhabi concludes Social Care Forum
The Department of Community Development in Abu Dhabi (DCD) has concluded the Social Care Forum 2025, held under the theme \"Future Ready Social Care: People, Practice and Policy.
1 mins
September 26, 2025
Gulf Today
Pakistan beat Bangladesh to set up title showdown with India
Defending an under-par total of 135, Shaheen- led bowling attack wrapped up Bangladesh's innings for 124/9 to set up a mouth-watering clash with the mighty India
3 mins
September 26, 2025
Gulf Today
Islamic T-Sukuk attracts bids worth Dhs5.1b for September
The Ministry of Finance (MoF), in its capacity as issuer and in collaboration with the Central Bank of the UAE (CBUAE) as issuing and payment agent, announced the successful completion of the September 2025 auction of UAE dirham-denominated Islamic Treasury Sukuk (T-Sukuk), with a total issuance of Dhs1.1 billion.
1 min
September 26, 2025
Listen
Translate
Change font size