UAE wealth funds bet big on fintech amid global tech shifts

DUBAI: The quiet capital that once operated behind the scenes is no longer just writing the big checks; they are rewriting the rules. Leading state-owned sovereign wealth funds, such as ADQ, Mubadala, the Abu Dhabi Investment Authority and newer heavyweight Lunate, are expanding their reach beyond capital deployment. Their investments now include infrastructure development, regulatory engagement, and broader ecosystem support.

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