June 16, 2019 (Abu Dhabi) According to an article on The National, the Saudi British Bank (SABB) and Alawwal Bank will continue to operate as separate entities and offer their respective products and services until they fully integrate their back…
June 18, 2019 (London / Dubai) According to an article published on Arab News, the Abu Dhabi Investment Authority (ADIA) is said to have bought 25% of 330 Madison Avenue from Vornado Realty Trust, gaining full ownership of the New…
May 5, 2019 (Muscat) According to Zawya, there has been an agreement reached for the development of the Ibri-2 Independent Power Producer (IPP) with the Oman Power and Water Procurement Company. The agreement has been executed by a consortium composed…
April 25, 2019 (Saudi Arabia) According to an article on Arabian Business, the Public Investment Fund of Saudi Arabia (PIF) is growing its assets faster on the international pool as they are trying to diversify, increasing the size and proportion…
April 19, 2019 (Hyderbad) As reported by The Hindu, the Abu Dhabi Investment Authority (ADIA) have signed a pact buying 49% stake in an airport holding firm. GVK Power & Infrastructure Ltd. (GVKPIL), through two subsidiaries, has entered into an…
April 19, 2019 (New York / Dubai) According to an article on Reuters, QIA and private realty firm Crown Acquisitions said on Friday they were the unnamed investors in a deal with Vornado Realty Trust valued at $5.56 billion that…
March 20, 2019 (Abu Dhabi) Gulf News has reported that Mubadala, a UAE investment giant has just picked up Galleria Mall on Al Maryah Island and is open to acquisitions in real estate to broaden its portfolio. Ali Eid Al…
April 3, 2019 (Silicon Valley / Saudi Arabia) According to an article on Benzinga, Lucid Motors confirmed today that it has closed its previously announced $1 billion+ investment from the Public Investment Fund of Saudi Arabia (PIF). This latest round…
March 23, 2019 (Abu Dhabi) Trade Arabia has reported the Abu Dhabi Fund for Development (ADFD) has financed 108 water sector projects in 56 countries from its inception in 1971 until December 2018. The article noted that ADFD has always…
March 20, 2019 (Abu Dhabi) According to an article on Asia Asset Management, Abu Dhabi Investment Authority (ADIA) and an unnamed US state pension fund are investing a total $650 million to become shareholders in AGL Credit Management (AGL). AGL…