HHD Real Estate AI Brief

Facility is senior secured; proceeds fund technology development, platform deployment, and international expansion.

Ruya Partners is an Abu Dhabi Global Market (ADGM)-based private credit firm focused on Gulf Cooperation Council (GCC) and MENA.

Transaction marks Ruya's seventh fund investment and its first in the sovereign intelligence sector.

Agreement signed at Global AI Show 2026 in Riyadh by Magna AI CEO Dr. Moataz BinAli and Saudi Xerox GM Mehmet Sezer.

Saudi Arabia's AI data centre market forecast to grow from $0.63bn in 2025 to $1.74bn by 2030, per Mordor Intelligence.

Magna AI will lead AI factory architecture and governance; Saudi Xerox handles local integration and compliance execution.

Delegation covered San Francisco, San Diego, and Los Angeles, with 40-plus senior representatives from 16 organizations.

Pharma partnerships signed with Boehringer Ingelheim, Novartis, and Eli Lilly on genomics and AI-enabled disease research.

M42 and BioTwin announced a Virtual Human Twin expansion; Masdar City, M42, and Attentive Science launched Biosphere Labs.