UAE artificial intelligence major G42 and Saudi Arabia’s Diriyah have been named among the world’s 100 most influential companies for 2025 by Time magazine.
It is the first time a UAE company has made it on to the prestigious list.
Alibaba, global asset management company BlackRock, Japanese video game company Nintendo, China's ByteDance, EV company BYD, DeepSeek, SoftBank, Hyundai and LinkedIn were also included on the list.
To select its 100 most influential companies, the magazine requested suggestions and applications from across sectors, surveyed its contributors and correspondents from around the world, and also sought advice from outside experts. Factors it considered included the impact made by companies as well as metrics related to innovation and success.
G42
G42 is a privately owned company with investments from the Mubadala Investment Company, Silverlake, Microsoft and The Dalio Family Office. It has been rapidly expanding its operations across the globe since its inception in 2018.
Last year, G42 received a $1.5 billion investment from Microsoft to boost its international expansion plans and strengthen the UAE's position as a global technology hub.
The expanded partnership also included the creation of a $1 billion fund to support developers aimed at enhancing the Middle East's technology talent pool.
The deal marked an early signal of the AI push from the region and globally.
Last month, it announced a partnership with technology giants OpenAI, Oracle and Nvidia to create a major AI hub in the UAE.
As part of the agreement, the companies will set up Stargate UAE, expected to be the largest AI infrastructure outside the US.
It will be a one-gigawatt computing cluster that operates in the newly established 5GW UAE–US AI Campus, Abu Dhabi Media office reported last month. Cisco and Japan’s SoftBank will also be part of the new project.
Earlier this month, the company announced that it has set up a new unit, named G42 Europe and UK to serve those markets as part of its expansion plans.
Other deals unveiled by the company recently include a partnership with France's Mistral AI to develop advanced AI platforms and infrastructure, as well as a collaboration with Italian start-up iGenius to develop a major AI supercomputer.
“With plans for Europe’s first giga-scale AI supercomputer and other projects under way in Kenya and the US, G42’s footprint is now global,” Time magazine wrote.
Last year, G42 said it would jointly invest $1 billion in Kenya's digital ecosystem to develop the East African nation's technology sector.
This week, G42 celebrated its seventh anniversary with an event that featured virtual appearances by Microsoft president Brad Smith and OpenAI chief executive Sam Altman.
Diriyah
Diriyah Company, part of the kingdom’s Public Investment Fund portfolio, is the second Saudi company to be recognised by Time, after Saudi Aramco in 2024.
It is developing Diriyah, a $63.2 billion mixed-use development covering 14 square kilometres, near the Saudi capital, Riyadh.
The development is expected to eventually host more than 100,000 residents, workers, students and visitors, with a range of cultural, entertainment, retail, hospitality, educational and residential spaces.
“Being recognised as one of the Time100 Most Influential Companies is a powerful affirmation of Diriyah’s mission to lead with purpose: by honouring our heritage, uplifting our community, and embracing world-class sustainability and hospitality standards,” Diriyah Company Group chief executive Jerry Inzerillo said in a statement on Thursday.
“From carbon-free construction, energy efficiency and water conservation, to cultural preservation and human-centric development, every aspect of Diriyah’s development reflects a commitment to minimising our environmental footprint while maximising quality of life for nearly 100,000 future residents.”
History
Time’s 100 most influential people list has, over the years, named:
Sheikh Tahnoon bin Zayed (2024)
Sheikh Tahnoon bin Zayed, Deputy Ruler of Abu Dhabi and National Security Adviser, was named one of the 100 most influential people in artificial intelligence in 2024.
Sheikh Tahnoon is also the chairman of G42 and of the International Holding Company.
Faisal Al Bannai (2024)
Faisal Al Bannai, an adviser for strategic research and advanced technology affairs to the President of the UAE, was featured on the Time list.
Dr Sultan Al Jaber (2023)
Dr Sultan Al Jaber is the UAE’s Minister of Industry and Advanced Technology as well as Adnoc's managing director and group chief executive. Dr Al Jaber was also the President of the Cop28 climate summit held in Dubai in 2023. He was featured for his business climate leadership and efforts to boost energy transition.
Omar Al Olama (2023)
Omar Al Olama has been at the forefront of the UAE's drive to unlock the potential of artificial intelligence since being appointed the world's first AI minister in 2017.
Sheikh Mohamed (2019)
UAE President Sheikh Mohamed, then Crown Prince of Abu Dhabi, was named in 2019 for his leadership and vision.
Loujain al‑Hathloul (2019)
Loujain al-Hathloul is a Saudi women's rights activist who championed the cause of women driving in the kingdom.
Rami Malek (2019)
The American actor, who has Egyptian roots, won the Oscar for best actor in 2019 for his role as rock star Freddie Mercury in Bohemian Rhapsody.
Wael Ghonim (2011)
The Egyptian internet activist and former Google executive rose to prominence during the Arab Spring protests in Egypt in 2011.
Prince Alwaleed bin Talal (2007)
Prince Alwaleed bin Talal is the chairman of Saudi-listed Kingdom Holding, which has interests in sectors including aviation, banking and financial services, e-commerce, education, hotel management, health care and real estate.
It has stakes in companies including Flynas, Nasjet, Bank Saudi Fransi, hotel groups Four Seasons and Accor and ride-sharing companies Uber, Careem and Lyft.
Company name: Play:Date
Launched: March 2017 on UAE Mother’s Day
Founder: Shamim Kassibawi
Based: Dubai with operations in the UAE and US
Sector: Tech
Size: 20 employees
Stage of funding: Seed
Investors: Three founders (two silent co-founders) and one venture capital fund
How to vote
Canadians living in the UAE can register to vote online and be added to the International Register of Electors.
They'll then be sent a special ballot voting kit by mail either to their address, the Consulate General of Canada to the UAE in Dubai or The Embassy of Canada in Abu Dhabi
Registered voters mark the ballot with their choice and must send it back by 6pm Eastern time on October 21 (2am next Friday)
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
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War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
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More on animal trafficking
The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
Mohammed bin Zayed Majlis
UAE currency: the story behind the money in your pockets
If you go
The flights
There are direct flights from Dubai to Sofia with FlyDubai (www.flydubai.com) and Wizz Air (www.wizzair.com), from Dh1,164 and Dh822 return including taxes, respectively.
The trip
Plovdiv is 150km from Sofia, with an hourly bus service taking around 2 hours and costing $16 (Dh58). The Rhodopes can be reached from Sofia in between 2-4hours.
The trip was organised by Bulguides (www.bulguides.com), which organises guided trips throughout Bulgaria. Guiding, accommodation, food and transfers from Plovdiv to the mountains and back costs around 170 USD for a four-day, three-night trip.
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
UAE currency: the story behind the money in your pockets
THE LOWDOWN
Romeo Akbar Walter
Rating: 2/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Robby Grewal
Cast: John Abraham, Mouni Roy, Jackie Shroff and Sikandar Kher
Oppenheimer
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Killing of Qassem Suleimani
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Killing of Qassem Suleimani
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
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PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
The 12 Syrian entities delisted by UK
Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV
FORSPOKEN
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UAE currency: the story behind the money in your pockets
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From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
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Killing of Qassem Suleimani
HEADLINE HERE
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More from Neighbourhood Watch:
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UAE currency: the story behind the money in your pockets
The five pillars of Islam
Tips for newlyweds to better manage finances
All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.
Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.
Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.
Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.
Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.
Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
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What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
COMPANY PROFILE
Name: Xpanceo
Started: 2018
Founders: Roman Axelrod, Valentyn Volkov
Based: Dubai, UAE
Industry: Smart contact lenses, augmented/virtual reality
Funding: $40 million
Investor: Opportunity Venture (Asia)
