Singapore-based Seviora Holdings oversees assets worth $51.3bn as of June 30, offering a variety of investment strategies in public and private markets
The fund will target buyouts, structured solutions, and other investment opportunities across a range of strategic sectors, including technology and healthcare
With immigration centres experiencing high turnout as the initial deadline approached, authorities decided to extend the grace period
Uzbekistan remains ACWA Power’s second-largest market, with a robust portfolio that includes 11.4GW of power capacity
The vice president and head of GCC at Ericsson Middle East & Africa says Ericsson is investing in R&D, AI, and enterprise solutions to support the region’s digital transformation goals
McLoughlin’s impact on Dubai Duty Free spanned 41 years, where he steered its growth from modest beginnings to a business generating over $2bn.
Gulf Business hosted its second Business Breakfast event on the future of automotive and mobility in the Middle East, highlighting digital shifts, sustainability, and evolving consumer preferences
The fuel price committee increased retail prices for Super 98, Special 95, and E-Plus 91 by as much as 9 fils per litre in November
The new private equity fund will target buyouts, structured solutions and other investment opportunities across a range of strategic sectors
The deal, signed at the Future Investment Initiative forum in Riyadh, brings to 132 the total number of jets ordered by Riyadh Air
Johan Nilerud, senior director of Strategy and Planning at Khazna, says AI presents enormous potential across the data centre value chain
The possible deal with Vinfast comes off the back of Vietnam having signed a comprehensive economic partnership agreement with the UAE
The kingdom unveiled its Vision 2030 plan in 2016, which involves hundreds of billions of dollars of investments to wean the country’s economy off oil
The deal will bring access to additional capital, advanced engineering expertise and technology, particularly in the field of electric vehicles
Under the new MoU, the airlines will explore opportunities to expand connectivity beyond their current interline agreement and potentially integrate reciprocal loyalty benefits
The expenditure for fiscal year 2025 alone is estimated at Dhs86.26bn, with revenues projected at Dhs97.66bn
The agreements cover a range of projects across the GCC, China, Central Asia and North Africa, focusing on financing, renewable energy, storage projects, and research and development initiatives.
The two entities are collaborating to build a network of community retail outlets, including hypermarkets, supermarkets, and other retail stores
The solar project, which will be developed in phases, will generate up to 1.25 GW at peak using 2 million bifacial solar panels
The sovereign wealth fund is driving economic diversification by investing billions in new sectors to reduce oil dependency
The UAE and Saudi Arabia are rising stars from the Middle East in embracing driverless transportation to achieve sustainable mobility
With piling works set to begin in March 2025, the project is expected to reach completion by Q1 2027
The VP and head of Fan Engagement and Direct-to-Consumer at NBA Europe and Middle East, shares the strategy and vision driving NBA’s expansion into Abu Dhabi and its presence in the region
The bilateral trade pact is expected to unlock new avenues for cooperation in key sectors such as food production, apparel, machinery, and metals
The indicative price range was set between SAR120 and SAR132 per share, implying a market capitalisation of between SAR3bn and SAR3.3bn
The vp and head of Cloud & Network Services says the company’s focus on AI and private wireless networks positions it well to address the evolving needs of the market
From investment impact to compliance obligations, FTI Consulting’s Nilesh Ashar explores how this tax positions Bahrain on the international tax landscape while offering strategic reliefs to boost the economy
The indicative share price of Dhs1.94 and Dhs2.04 per share implies a market valuation of around $5.74bn (Dhs21.07bn)
Gallega Global Logistics is known for its supply chain solutions across sectors such as automotive, industrial, FMCG, healthcare, and retail
The UAE-Brazil Business Council stands as a pivotal platform for ongoing cooperation, with an ambitious agenda to enhance trade and investment, and support long-term economic partnerships