Reuters
Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.
Economy
S&P revises Saudi Arabia's outlook to positive on advancing non-oil economy
S&P Global Ratings revised Saudi Arabia's forecast to positive from stable on Friday, citing strong non-oil growth......
Manufacturing
Saudi mining company Ma'aden to buy Alcoa's stake in joint venture for $1.1 bn
U.S. aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma'aden joint venture to Saudi ......
Finance
PGIM opens Abu Dhabi office, joining money managers' rush to UAE capital
PGIM, the investment management arm of U.S. insurer Prudential Financial, has opened an office in Abu Dhabi, it said on ......
Infrastructure
Etihad Airways' IPO unlikely before 2025
Abu Dhabi's Etihad Airways plans to make its stock market debut no sooner than 2025, two people familiar with the ......
Manufacturing
Abu Dhabi's ADNOC to buy minority stake in ExxonMobil's Texas project
Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in ExxonMobil Corp's proposed low-carbon ......
Infrastructure
Aramco to keep Renault-Geely engine JV stake at 10%, pursue other M&As
Oil company Saudi Aramco does not plan to increase its 10% stake in fuel-based engines joint venture Horse Powertrain ......
Manufacturing
Saudi PIF-backed Dussur sells stake in JV to GE Vernova
U.S. power equipment maker GE Vernova said on Monday it has acquired the remaining ownership stake in a Saudi gas ......
TMT
Delivery Hero plans Dubai IPO of Middle East unit
Delivery Hero is preparing an initial public offering (IPO) of its lucrative Emirati subsidiary Talabat on the Dubai ......
Manufacturing
ADNOC finalising due diligence for Covestro takeover
Abu Dhabi National Oil Company (ADNOC) is finalising due diligence for a takeover of Covestro in a deal that could ......
Finance
Saudi's PIF signs revolving credit facility of $15 bn for 23 financial institutions
Saudi Arabia's $925 billion sovereign wealth fund, the Public Investment Fund (PIF), said on Wednesday it had signed......
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