Abu Dhabi private equity firm BlueFive looks to consolidate Gulf insurers
The firm raised $2 billion for its first buyout fund this year with a view to later expand across Southeast Asia.
The firm raised $2 billion for its first buyout fund this year with a view to later expand across Southeast Asia.
Japan is one of Saudi Arabia’s top trading partners, driven by the kingdom’s oil exports and purchases of Japanese cars, machinery, and electronics.
On Dec. 2, 1971, six rival sheikhs made a historic decision, forming the UAE a day after Britain pulled its military out of the region.
Investors and businesses are watching to see how spending and borrowing plans will impact the kingdom's economy at a time of weaker oil prices.
A report by Global SWF also showed that the Qatar Investment Authority was the biggest spender among global sovereign funds in November.
The country quietly launched its first sports betting site and a poker, roulette, and slots platform.
Sentiment dropped sharply in November due to weak export sales, an influential survey showed.
Shell’s Nigeria subsidiary now owns 65% of the deepwater Bonga field in southern Nigeria.
The number of instant payment systems in Africa rose to 36 across 25 countries between July 2024 and June this year