International
Infrastructure
South Africa's pension fund GEPF to acquire infra player
South Africa’s Government Employees Pension Fund, the largest pension fund in the continent with $124 billion worth of assets is ......
Infrastructure
Brookfield to acquire majority stake in GII's 1.5-mn-sq-ft logistics portfolio
Canadian alternative investment firm Brookfield Asset Management will acquire a controlling stake in UAE-based Gulf Islamic Investments' logistics real estate platform ......
General
European VC SpeedInvest to expand into MENA by opening office in UAE
SpeedInvest, a European early-stage venture capital fund, which manages assets worth $1 billion across 40 countries, is set to establish ......
Economy
Qatar economy grew 1.2% year on year in Q3 2023
The Gulf state of Qatar's real gross domestic product (GDP) increased 1.2% year on year in the third quarter of ......
Finance
Aramco chief's election as BlackRock director faces opposition from pension fund
A pension fund for New York City employees urged BlackRock's shareholders to vote against the election of Saudi Aramco's chief ......
Finance
Janus Henderson buys of Kuwaiti bank's alternative investment business in Mideast foray
Global asset manager Janus Henderson plans to buy National Bank of Kuwait's alternative investments business in a deal that is ......
TMT
Abu Dhabi AI company Presight takes majority stake in tech venture AIQ
Artificial intelligence company Presight AI Holding has acquired a majority stake in AIQ, a technology joint venture between Abu Dhabi ......
TMT
Why UAE's Nuwa Capital is reluctant to invest in these tech sectors
Nuwa Capital, a UAE-based venture capital firm, which is currently deploying its maiden $100-million fund in early-stage businesses, is keeping ......
Economy
Egypt's net foreign assets deficit declines for second month in a row
Egypt's net foreign assets (NFAs) deficit shrank $17.8 billion in March, its second month of decline, central bank data showed, ......
TMT
Bharti Airtel's Africa unit set to bag a big cheque from offshore investor
Airtel Africa Plc, which is listed on the London Stock Exchange and is a subsidiary of India’s Bharti Airtel, is ......
