Middle East
Finance
South African lender Investec opens office in Dubai's financial centre
South African lender Investec has opened an office in the Dubai International Financial Centre (DIFC), it said on Wednesday, in ......
Infrastructure
UAE's Masdar buys Brookfield's Saeta Yield in $1.4 bn deal
United Arab Emirates' renewable energy company Masdar said on Tuesday it has reached an agreement to buy green energy firm Saeta ......
Finance
General Atlantic planning to open office in Abu Dhabi
General Atlantic plans to open an Abu Dhabi office by the end of the year and move a dealmaker from ......
TMT
TSMC, Samsung consider building chip factories in UAE: Report
Two of the world's largest chipmakers, TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab ......
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 ......
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 ......
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. ......
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