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Reuters

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

Abu Dhabi sets out measures to help business get away from oil

General

05 December, 2024

Abu Dhabi sets out measures to help business get away from oil

Abu Dhabi, the capital of the United Arab Emirates (UAE), set out measures on Wednesday to simplify processes for ......

Middle Eastern food delivery company Talabat set to raise $2 bn via IPO

TMT

29 November, 2024

Middle Eastern food delivery company Talabat set to raise $2 bn via IPO

Talabat Holding, one of the biggest food ordering businesses in the Middle East, is set to raise about $2 billion ......

ADNOC sets up international investment arm XRG

Manufacturing

28 November, 2024

ADNOC sets up international investment arm XRG

United Arab Emirates state oil group ADNOC on Wednesday announced the launch of XRG, an investment company focusing on ......

Amanat Holdings hires bank to list education business in Riyadh

Consumer

28 November, 2024

Amanat Holdings hires bank to list education business in Riyadh

Dubai-listed Amanat Holdings plans to float a 30% stake in its education business in Riyadh next year and has hired ......

Vedanta, China's Zijin Group part of $9-bn metals deals in Saudi Arabia

Infrastructure

26 November, 2024

Vedanta, China's Zijin Group part of $9-bn metals deals in Saudi Arabia

Saudi Arabia on Tuesday agreed nine investment deals in metals and mining worth more than 35 billion riyals ($9.32 ......

Mubadala to take Canada's CI Financial private, stock skyrockets 30%

Finance

26 November, 2024

Mubadala to take Canada's CI Financial private, stock skyrockets 30%

Abu Dhabi's Mubadala Capital will take CI Financial private in a C$12.1 billion ($8.66 billion) all-cash deal, ......

Saudi wealth fund PIF raises $1 bn from STC stake sale

TMT

14 November, 2024

Saudi wealth fund PIF raises $1 bn from STC stake sale

Saudi Arabia's sovereign wealth fund PIF has raised 3.86 billion riyals ($1.03 billion) from selling a 2% stake in ......

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects

People

13 November, 2024

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects

Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's ......

Qatar's emir appoints Mohammed Al Sowaidi as new CEO of wealth fund QIA

People

12 November, 2024

Qatar's emir appoints Mohammed Al Sowaidi as new CEO of wealth fund QIA

Qatar's emir on Tuesday appointed Mohammed Al Sowaidi as CEO of the Qatar Investment Authority (QIA), according to......

Mubadala prepares for sale of Brazil iron-ore mines

Infrastructure

12 November, 2024

Mubadala prepares for sale of Brazil iron-ore mines

Mubadala Capital said on Monday it has an ongoing internal process to ready the sale of Brazil's Porto Sudeste, an ......