The chairman of MGX is the son of the first president of the UAE and the younger brother of the current president.

according to the MGX official website, MGX Chairman Tahnoon bin Zayed is the Vice President of the United Arab Emirates and the National Security Advisor of the United Arab Emirates. He is the son of the first President of the United Arab Emirates, Sheikh Zayed Bin Sultan Al-Nahayan, and the brother of the current President of the United Arab Emirates, Mohamed Bin Zayed Al-Nahyan. The 56-year-old Tahnoon bin Zayed controls two sovereign wealth funds with assets totaling up to $1.4 trillion.

MGX Fund Management Limited is a United Arab Emirates state-owned artificial intelligence technology investment company. MGX was established by the Abu Dhabi government in 2024 with the aim of becoming a tool for AI-driven investments, with the goal of managing $100 billion in assets. It focuses on accelerating the development and adoption of artificial intelligence and advanced technology through establishing leading partnerships in the United Arab Emirates and globally.