OpenAI and Apollo deepen Abu Dhabi ties with deals and credit platform

· Economy · United Arab Emirates

OpenAI signed four Abu Dhabi agreements spanning energy, government and investment as CEO Sam Altman met the emirate's crown prince, deepening the company's foothold in the Gulf. Separately, Apollo launched a 10 billion euro European private credit platform backed by major global investors, including Abu Dhabi backing, expanding its lending business. The moves show Abu Dhabi's growing role as a capital hub for AI and private credit, and how Gulf sovereign wealth is shaping global technology and finance.

Why it matters：Gulf capital and governments are becoming central backers of AI infrastructure and private credit, shifting where global tech money flows.

Key points

  • OpenAI signed four Abu Dhabi agreements covering energy, government and investment.
  • Sam Altman met the emirate's crown prince.
  • Apollo launched a 10 billion euro European private credit platform with global backing.

Sources (original reporting)

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