International
Finance
Qatar Investment Authority expands into Australia, Korea and Southeast Asia
The Qatar Investment Authority (QIA), the country's sovereign wealth fund, is in the middle of expanding into Australia, Korea and ......
Infrastructure
Mubadala, Aldar extend tie-up to own over $8 bn of assets in Abu Dhabi
Developer Aldar Properties and sovereign fund Mubadala have extended their partnership to own and manage assets worth over $8.2 billion ......
Finance
PJT Partners to buy Dubai-based advisory firm in Middle East push
U.S. investment bank PJT Partners, known for steering high-profile companies like WeWork and LATAM Airlines through bankruptcies, has agreed to ......
Consumer
Bluepeak strikes largest bet from inaugural fund
Bluepeak Private Capital, an alternative asset management firm that backs mid-market companies in Africa, has invested in an agro-commodities processor ......
Infrastructure
South African PE Metier strikes seventh bet from sustainability-focused fund
Metier, an Africa-based private equity firm that backs growth-stage companies in Sub-Saharan Africa struck its seventh bet from its renewable energy ......
Manufacturing
Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG
Saudi Aramco will increase its stake in liquefied natural gas firm MidOcean Energy to 49% and fund its acquisition of ......
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 outlook and economic resilience. The ratings ......
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 Arabian ......
Consumer
South African PE firm Metier set to strike fourth deal from new fund
Metier, a South African private equity firm that backs mid-market companies in Sub-Saharan Africa, is set to acquire a maize ......
TMT
MENA Digest: Fintechs lead fundraising this week; VC investment falls in August
Venture capital funding activity in the Middle East and North Africa (MENA) region was led by fintech startups this week. ......