VinFast Gets $1 Billion Lifeline From Emirati Company VinFast is getting a huge cash infusion from an investment group led by Emirates Driving Co., a UAE-based driver education company, to the tune of at least $1 billion. The company is also set to provide VinFast with its expertise in driver training, road safety and the development of an electric vehicle ecosystem,… Read more…

McLaren Is An Emirati Car Company Now The Abu Dhabi-based investment firm CYVN Holdings has agreed to purchase 100 percent of McLaren Automotive from its current owners, Mumtalakat Holding, reports Reuters. Mumtalakat Holding is the sovereign wealth fund of Bahrain, which assisted McLaren through a “capital reorganization” earlier this year, taking full… Read more…

Microsoft Makes High-Stakes Play in Tech Cold War With Emirati A.I. Deal Microsoft plans to invest $1.5 billion in G42, an Emirati company with ties to China, as Washington and Beijing maneuver to secure tech influence in the Gulf.

Can Israeli-Emirati business ties survive the Gaza war? The commercial logic of the rapprochement is sound. The politics is trickier