This week's top stories —1-7 June
Kuwait joins MGX in AI fund; Malaysia signs Presight; New Algerian startup move
A slightly slower news cycle this week ahead of the region’s Eid Al Adha holidays. The UAE taking the biggest share of news volume, but with significant news from Algeria, Egypt and Kuwait.
In its first well publicised move into the AI infrastructure space, Kuwait Investment Authority announced plans to invest in the MGX-backed AI Infrastructure Partners. Egypt opened up AI university places to technical college graduates, in an attempt to grow its AI talent pipeline; and Algeria announced is biggest single startup initiative to-date aiming to create 1,000 tech startups!
Here are this weeks biggest AI news stories!
Monday, June 2nd
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🔥 New venture studio to create Algerian 1,000 startups
National partnership with DeepMinds to mobilise capital across all 58 provinces
🔥 MBZUAI releases Nile-Chat: Egyptian Arabic LLM
Nile-Chat 4B & Nile-Chat 12B designed for Egyptian Arabic communication
🔥 Malaysia signs strategic AI agreement with Presight
Presight's first major SEA deal announced at ASEAN-GCC Economic Forum 2025
◼ UAE launches Chief AI Officers training programme
UAE extends AI leadership programme with Birmingham University
Tuesday, June 3rd
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🔥 Saudi, UAE manufacturers lead GenAI adoption
Middle East's 98% regional AI adoption rate outpaces all markets
Wednesday, June 4th
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🔥 Egypt opens AI university courses to tech school grads
Graduates of technical and applied technology schools now admissible
🔥 Kuwait joins $100 billion AI infrastructure partnership
Thursday, June 5th
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🔥 GlobalFoundries commits $16B to support AI chip production
Major GlobalFoundries expansion targets AI and defence applications
Friday, June 6th
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🔥 MBZUAI to open AI lab at UAE climate ministry
New lab to focus on climatetech, agriculture and food security