Reuters

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

Saudi PIF-owned Riyadh Air forms partnership with US carrier Delta Air

Infrastructure

10 July, 2024

Saudi PIF-owned Riyadh Air forms partnership with US carrier Delta Air

Riyadh Air has partnered with U.S. carrier Delta Air Lines as the Saudi startup carrier grows its potential network ......

Infrastructure

05 July, 2024

Oman's Asyad plans shipping unit's IPO, hires advisers

Oman's state-owned logistics firm Asyad Group is planning an initial public offering (IPO) of its subsidiary Asyad ......

Infrastructure

04 July, 2024

Aramco, ADNOC reportedly weighing bids for Australia's Santos, analysts sceptical

Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg News......

Finance

02 July, 2024

Saudi sovereign wealth fund swings to $36.8 bn profit in 2023

Saudi Arabia's sovereign wealth fund PIF swung to a profit of 138.1 billion riyals ($36.81 billion) in 2023, it ......

Manufacturing

27 June, 2024

Saint-Gobain to buy Dubai's FOSROC for around $1 bn

France's Saint-Gobain has entered into an agreement to buy Dubai-based construction chemicals company FOSROC for ......

Infrastructure

27 June, 2024

Qatar Airways looking to buy up to 20% stake in Virgin Australia, says report

Qatar Airways is in talks to buy up to a 20% stake in Bain Capital-owned Virgin Australia, the Australian Financial ......

Infrastructure

24 June, 2024

ADNOC gets access to German firm Covestro's books after $12.5-bn takeover offer

German chemicals firm Covestro is giving ADNOC access to its books and stepping up talks based on an improved 11.7 ......

Infrastructure

21 June, 2024

UAE renewables company Masdar to buy Greece's Terna Energy

United Arab Emirates renewable energy company Masdar said on Thursday it has reached an agreement to buy an initial 67% ......

Consumer

19 June, 2024

Brookfield leads investment in Dubai's GEMS Education as CVC cuts stake

A consortium led by Brookfield Asset Management has agreed to invest in Dubai-based international education provider ......

Manufacturing

18 June, 2024

Shell to acquire Singapore's Pavilion Energy from Temasek

Shell has agreed to buy Singaporean liquefied natural gas (LNG) company Pavilion Energy from global investment company ......