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Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.

Most Gulf central banks follow US Fed in cutting key interest rates

Economy

19 December, 2024

Most Gulf central banks follow US Fed in cutting key interest rates

Most central banks of the Gulf Cooperation Council cut key interest rates on Wednesday, following the Federal Reserve&#......

Digital bank Tyme gets $150 mn from Brazil's Nubank, enters unicorn club

TMT

18 December, 2024

Digital bank Tyme gets $150 mn from Brazil's Nubank, enters unicorn club

Brazilian digital bank Nubank said on Monday it has invested $150 million in Tyme Group, a Singapore-based digital......

Saudi wealth fund PIF buys stake in Heathrow Airport

Infrastructure

16 December, 2024

Saudi wealth fund PIF buys stake in Heathrow Airport

Spanish construction giant Ferrovial said on Thursday it closed the sale of a 19.75% stake in Heathrow Airport Holdings ......

BP, ADNOC's XRG agree Egypt gas JV Arcius Energy

Consumer

16 December, 2024

BP, ADNOC's XRG agree Egypt gas JV Arcius Energy

BP and Abu Dhabi National Oil Company's international investments arm XRG said on Monday they have closed a deal for......

UAE president names Blackstone's Gray, others to board of ADNOC investment arm XRG

Finance

12 December, 2024

UAE president names Blackstone's Gray, others to board of ADNOC investment arm XRG

United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan approved a board of directors for XRG, state oil giant......

Carlyle's AlpInvest, Mubadala team up to provide debt financing to PE firms

Finance

12 December, 2024

Carlyle's AlpInvest, Mubadala team up to provide debt financing to PE firms

AlpInvest Partners, the secondary investments unit of buyout firm Carlyle Group, and Abu Dhabi's Mubadala Investment......

UAE to impose 15% minimum top-up tax on large multinationals

Finance

10 December, 2024

UAE to impose 15% minimum top-up tax on large multinationals

The United Arab Emirates will impose a minimum top-up tax (DMTT) of 15% on large multinational companies operating in ......

Private credit firm Golub Capital to set up base in Abu Dhabi

Finance

10 December, 2024

Private credit firm Golub Capital to set up base in Abu Dhabi

US-listed direct lender and private credit manager Golub Capital is opening an office in the UAE's capital Abu Dhabi......

Asset manager Polen Capital to open office in Abu Dhabi

Finance

09 December, 2024

Asset manager Polen Capital to open office in Abu Dhabi

US investment management firm Polen Capital said on Monday it has received preliminary approval for a license to ......

Mubadala says under-invested in Asia, to increase focus on the region

Finance

06 December, 2024

Mubadala says under-invested in Asia, to increase focus on the region

Abu Dhabi's Mubadala Investment Company is under-invested in Asia and the geography will be a focus area for the ......