Abu Dhabi Crown Prince Sheikh Khaled's $300 billion wealth fund is a key player in the UAE's “Zero Hormuz” strategy — spending heavily on ports and infrastructure to redraw trade routes in the Gulf. Read more: bloom.bg/4yqwQOE 📷: Haruna Furuhashi/Pool/Getty Images

Today’s @business Big Take looks at how The Crown Prince of Abu Dhabi is emerging as a key player in the UAE’s push to bypass the Strait of Hormuz. bloomberg.com/news/features/…

Abu Dhabi’s newest sovereign wealth fund is laying the groundwork to raise money from outside investors for one of its units, the latest sign the emirate is looking to attract capital rather than just deploy its own cash bloomberg.com/news/articles/…

The Abu Dhabi crown prince’s $300 billion wealth fund is a key player in the UAE's “Zero Hormuz” strategy, spending heavily on ports and infrastructure to redraw trade routes in the Gulf bloomberg.com/news/features/…

Qatar is setting up a dedicated platform to manage and grow its wealth fund’s domestic portfolio worth hundreds of billions of dollars, marking a radical reshaping of its sovereign investing landscape. bloomberg.com/news/articles/…

Mergermarket owner slashes jobs as pressure mounts on Andrea Pignataro’s empire ft.trib.al/3i4OxSs

Abu Dhabi’s L’imad Holding is among firms circling an Apollo aviation business as the emirate deepens its logistics footprint and seeks alternatives to the Strait of Hormuz bloomberg.com/news/articles/…

A six-member bloc of Gulf states are considering meeting with Iranian officials next week to discuss the future of the Strait of Hormuz bloomberg.com/news/articles/…

NEW: The United Arab Emirates said it plans to invest €40 billion ($46 billion) in Germany, as the Gulf country pushes to deepen strategic partnerships across Europe. bloomberg.com/news/articles/…

Executives at Abu Dhabi-based AI firm G42 have held exploratory talks over potentially selling a majority stake to American companies, sources say, as it races to guarantee access to high-tech chips beyond next year bloomberg.com/news/articles/…

Saudi Arabia is in early talks to raise at least $8 billion in a new loan as the Iran war strains finances bloomberg.com/news/articles/…

NEW: World Mostly Shrugs Off Bessent’s ‘D-Day’ Iran Sanctions Threat bloomberg.com/news/articles/…

Manchester City's legal saga is casting a shadow over the UK's improving relationship with the UAE bloomberg.com/news/articles/…

President Trump backed away from his plan to impose a 20% charge on cargo shipments through the Strait of Hormuz after US allies in the Gulf urged him to drop it bloom.bg/3RdyClG

President Trump backed off a plan to levy a 20% fee on shipments through the Strait of Hormuz after US allies in the Gulf urged him to abandon the idea. bloomberg.com/news/articles/… w/ @josh_wingrove & @alexdooler

A growing rift between the UAE and Saudi Arabia is splitting the Middle East's deepest pockets — and Wall Street is terrified of being caught in the crossfire. Read more: bloom.bg/4w3WhV4 📷: UAE Presidential Court/Handout/Anadolu/Getty Images

A growing rift between the UAE and Saudi Arabia is splitting the Middle East's deepest pockets — and Wall Street is terrified of being caught in the crossfire. Read the Big Take bloomberg.com/news/features/…

NEW: Cantor is building up its presence in the Middle East and other international locations, hiring 16 people to expand its fixed-income business outside of the US. The majority of the team will be based in Abu Dhabi, where Cantor opened an office in December, while others will be in London and Singapore, according to a person familiar with the matter who asked not to be identified. bloomberg.com/news/articles/…

NEW: Abu Dhabi Revamps New $300 Billion Fund to Aid Dealmaking Push Abu Dhabi’s newest wealth fund is overhauling its executive ranks and reorganizing parts of its portfolio as the $300 billion investor overseen by an influential royal prepares for a more central role in the emirate’s dealmaking ambitions. L’imad Holding has been working with Boston Consulting Group to recruit senior professionals, according to people familiar with the matter. The fund is also reviewing certain existing roles and has asked some executives who transferred from ADQ following an acquisition earlier this year to reapply for their positions, the people said. bloomberg.com/news/articles/…

Dubai Holding is exploring an investment in private equity-backed data center builder Hscale, people familiar with the matter said, as it seeks to grow its European portfolio. bloomberg.com/news/articles/…