Helmerich & Payne, the US oil and gas drilling firm, has fully divested its stake in the drilling unit of Abu Dhabi National Read More
Business
Artificial Intelligence
Companies
Regional
Presight Intelli Platform Launched at GITEX 2024
Presight, the region’s leading big data analytics company powered by Generative Artificial Intelligence (GenAI), on Monday launched the Presight Intelli Platform, Read More
Business
Companies
Mergers and Acquisitions
Regional
Mubadala Buys GlobalOne Healthcare Holding’s Pharma Assets
Strengthening its new speciality pharmaceutical business, Mubadala Investment Company on Monday said that it has fully acquired four pharma assets of of Read More
Business
Companies
Real Estate
Regional
sovereign wealth funds
Aldar and Mubadala Start Work At Al Maryah Place
Aldar Properties (Aldar) and Mubadala Investment Company (Mubadala), an Abu Dhabi sovereign investor, on Monday broke ground at One Maryah Place, a Read More
Business
Companies
Mergers and Acquisitions
World
Mulberry Turns Down Second Bid Offer from Frasers Group
The UK-based Mulberry, a British fashion company owned by Singapore’s Challice Limited and best known for its luxury leather goods, particularly Read More
Based on advance estimates, the Singapore economy grew 4.1% on a y-o-y basis in the third quarter of 2024, extending the 2.9% growth in the Read More
Business
Companies
Insurance
Mergers and Acquisitions
World
Singapore Stalls Income Insurance-Allianz Deal
The proposed deal by German insurer Allianz SE to buy a majority stake in Singapore’s Income Insurance Ltd suffered a setback Read More
Business
Companies
Investments
Private Equity
Regional
Venture Capital
PE & VC Investments Increase in Middle East
Private equity (PE) and venture capital (VC) investments in the Middle East have increased so far in 2024, targeting businesses that are outside Read More
Expanding its global footprint, the California Public Employees' Retirement System (CalPERS), the largest public pension scheme in the US, has invested in Read More
