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The region's five largest spenders deployed capital at a faster rate than in the prior five years while the Strait of Hormuz remained closed. A peace deal has now been signed.
SemaforThe private credit firm managing $315 billion joins ADGM alongside Bain Capital, BlackRock and others. The move comes amid rising defaults in the sector.
SemaforKuwait’s sovereign wealth fund joins KKR, Nvidia, and Vistra in a new company to build data centers and power infrastructure for AI. The venture is led by former AWS chief Adam Selipsky.