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  • Abu-Dhabi, Intelligence, MGX, Saudi Arabia, Venture Watch

MGX Confirms Final Close of Fund I at $49 Billion, Above $45 Billion Target

Abu Dhabi-based MGX locks in $49 billion for investments across semiconductors, AI infrastructure, and AI-enabling technologies from Gulf, North American, Asian, and European institutions. MGX announced on 1 July 2026 the final close of MGX Fund I at $49 billion…

  • Narracomm
  • July 1, 2026
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