Abu Dhabi-based alternative investment firm Lunate Capital has acquired a 40% stake in Adnoc Oil Properties (AOP), a crude oil pipeline infrastructure asset.
The stake...
The respective venture capital arms of Standard Chartered and Old Mutual, SC Ventures and NEXT176, have collaborated on the launch of a financial wellness...
Oman’s sovereign wealth fund, Oman Investment Authority (OIA), has launched a US$5.2 billion fund to invest in Omani projects and companies.
The Future Fund Oman...
Bahrain-based alternative investment firm Investcorp has appointed Abbas Rizvi as its group chief financial officer (CFO).
He replaces Jan Erik Back who has announced his...
Private equity (PE) activity in Saudi Arabia reached US$4 billion in 2023, further extending a rapid increase over the last five years.
The 2019-2023 Saudi...
Zayed R Alzayani has been named as chairman of the board of Roebuck, the UK subsidiary of Bahrain-based GFH Financial Group.
Roebuck is a pan-European...
US asset manager Franklin Templeton has launched in Saudi Arabia after opening an office in Riyadh.
The move comes after the firm received licences from...
Investors in Saudi Arabia made gains of more than US$350 million in 2023, according to industry data.
Analysis from blockchain firm Chainalysis shows that Saudi...
