The Assets Under Management (AUM) of the sovereign wealth funds (SWFs) of the six-member Gulf Cooperation Council (GCC) region reached a historical Read More
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Global Wind Energy Adds 117 GW of New Capacity in 2023
The global wind industry has added a record 117 gigawatts (GW) of new capacity last year, representing a 50% year-on-year increase from 2022, the Global Read More
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Mubadala Capital and Petrobras in Talks to Form Downstream Partnership in Brazil
Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund, which has invested more than $5 billion in Brazil since 2012, is Read More
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Telecommunications
CPP Investments Acquires 17.5% Stake in NetCo for $2.9 Billion
The Toronto headquartered Canada Pension Plan Investment Board (CPP Investments) entered into an agreement to join the Optics BidCo investor group, which Read More
In a move to challenge the hegemony of US dollar in the international market, BRICS, an intergovernmental organisation comprising Brazil, Russia, India, Read More
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UK’s Insurance and Reinsurance Firm BMS Acquires Majority Stake in Berns Brett Masaood
BMS, the independent specialist insurance and reinsurance broker based in London, has announced on Thursday that it has completed acquisition of majority Read More
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Chinese Companies Marching Ahead of Western Firms in Production and Sale of EVs
Chinese electric vehicles (EVs) manufacturers are moving ahead of their Western counterparts in the production and sale of EVs, a recent study Read More
