International
Finance
Abu Dhabi's IHC to hold buyback of up to $1.36 bn
International Holding Company (IHC), Abu Dhabi's largest listed company, said on Monday it would buy back up to 5 billion ......
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, ......
Consumer
PE firm Fipar-Holding teams up with overseas investor to buy Moroccan retail giant
Fipar-Holding, the private equity investment arm of Morocco’s state-owned financial institution, the Caisse de Dépot et de Gestion (CDG), is ......
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 ......
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 ......
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 ......
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