Middle East
Infrastructure
Shell in talks to sell its Malaysia fuel stations to Aramco
Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, ......
TMT
MENA Digest: Abyan Capital, Bon Plus raise early-stage funds
Dealmaking activity in the Middle East and North Africa decelerated compared to the previous week but saw at least two ......
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 ......
Finance
BlackRock to launch PIF-backed Saudi investment platform
The world's largest asset manager BlackRock said on Tuesday it plans to launch a new investment platform in Saudi Arabia, ......
TMT
UAE's e& seeks to buy $8.6 bn European carrier United Group
Abu Dhabi-based Emirates Telecommunications is considering an acquisition of European cable and pay-TV operator United Group at a valuation of ......
