In another key divestment move by the property and hospitality company, Singapore-based UOL on Thursday announced that it has entered into an Read More
Business
Companies
GCC
Insurance
Mergers and Acquisitions
US
Aquarian to Buy Brighthouse Financial for $3 Billion
The US-based Brighthouse Financial, a life insurer spun off from MetLife in 2017, is being acquired by Aquarian Holdings, an 8-year-old investment firm, Read More
Business
Companies
Data Centres
GCC
Investments
sovereign wealth funds
World
ADIA, GIC Invest $1.6 Billion in Vantage Data Centers
Vantage Data Centers, a leading global provider of hyperscale data center campuses, has secured a $1.6 billion investment from a wholly-owned subsidiary of Read More
Business
Assets Under Management
Companies
Pension Funds
World
Pension Funds Reach All-Time Global Record of $24.4 Trillion
The world’s largest 300 pension funds reached $24.4 trillion record in terms of their total assets under management, according to this year’s Read More
Business
Companies
GCC
Investments
Real Estate
World
Permira and Blackstone Growth Invests in Property Finder
Property Finder, a leading property portal in the Middle East and North Africa (MENA), on Tuesdat announced an investment of $525 million in Read More
Banks
Business
Companies
Mergers and Acquisitions
US
PNC Financial Group Takes Over FirstBank for $4.1 Billion
The PNC Financial Services Group, one of the largest diversified financial services institutions in the United States has agreed to acquire FirstBank Read More
Business
Asia Pacific
Companies
GCC
Investments
Joint Venture
PIF and Macquarie to Jointly Explore Investment Opportunities
Saudi Arabia’s sovereign wealth fund – The Public Investment Fund (PIF) and Australia’s Macquarie Asset Management (MAM) have signed a Memorandum Read More
MAIR Group, a strategic investment company focused on grocery retail and commercial real estate in the UAE, and Al Jazira Sports Club, Read More
