Kuwait’s economy is recovering amid higher oil production and robust non-oil growth, while the real GDP contracted by 2.6% in 2024, driven by Read More
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Business
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OpenAI, Oracle, SoftBank Announce Five AI Data Centers
In a big push to the US AI industry, OpenAI, Oracle, and SoftBank on Wednesday announced five new US AI data center Read More
Dubai jumped to fourth place globally, up from 14th last year, as real home prices rose more than 50% in five years — the Read More
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LNG
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Sempra Infrastructure Partners Reach FID for Port Arthur LNG-2
The US-based Sempra, an energy investment company, on Tuesday announced that Sempra Infrastructure Partners (SIP) has reached a final investment decision to Read More
London Heathrow (LHR) retained its title as the world’s most connected airport for the third consecutive year, offering over 59,000 possible connections Read More
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Singapore’s DBS Multi Office AUM Cross $780 Million
Two years after its launch, the Singapore-based DBS Multi Family Office Foundry VCC (DBS MFO) has achieved a record $780 million in assets Read More
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Mergers and Acquisitions
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Sagard Acquires Swiss Boutique Asset Manager Unigestion
Montreal-based Sagard Holdings on Tuesday announced that it was acquiring the Swiss boutique asset manager Unigestion’s private-equity business, expanding its reach Read More
As part of its plan to transform its profile into a more regulated company with a strategic focus on the UK and Read More
