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Qatar Investment Authority expands into Australia, Korea and Southeast Asia

Finance

19 September, 2024

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 ......

Mubadala, Aldar extend tie-up to own over $8 bn of assets in Abu Dhabi

Infrastructure

19 September, 2024

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 ......

PJT Partners to buy Dubai-based advisory firm in Middle East push

Finance

19 September, 2024

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 ......

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Bluepeak strikes largest bet from inaugural fund

Consumer

18 September, 2024

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 ......

South African PE Metier strikes seventh bet from sustainability-focused fund

Infrastructure

17 September, 2024

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 ......

Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG

Manufacturing

17 September, 2024

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 ......

S&P revises Saudi Arabia's outlook to positive on advancing non-oil economy

Economy

16 September, 2024

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 ......

Saudi mining company Ma'aden to buy Alcoa's stake in joint venture for $1.1 bn

Manufacturing

16 September, 2024

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 ......

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South African PE firm Metier set to strike fourth deal from new fund

Consumer

13 September, 2024

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 ......

MENA Digest: Fintechs lead fundraising this week; VC investment falls in August

TMT

13 September, 2024

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. ......