Australia's second-largest gas producer Santos said on Monday it intended to support an all-cash $18.7 billion takeover bid from an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which wants to grow a global gas business. Santos shares jumped 11% by the close on Monday, but that was well short of the 28% premium offered against their previou...
16 June, 2025
MGX, BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, and Microsoft today announced that the Kuwait Investment Authority (KIA) will join the AI Infrastructure Partnership (AIP), further reinforcing AIP’s global reach and strategic impact as it accelerates investment in next-generation AI infrastructure. KIA’s participation underscores the pa...
4 June, 2025
Current healthcare expenditure (CHE) of Qatar is expected to grow at a compound annual growth rate CAGR of 8.3% until 2029, according to investment banking advisory firm, Alpen Capital. CHE in the GCC is expected to grow from an estimated $109.1 billion in 2024 to $159 billion in 2029, at a CAGR of 7.8%. The region’s expanding population base, high incide...
26 May, 2025
Onex Corporation (TSX: ONEX) and its mid-market private equity platform ONCAP has held final close for ONCAP V, with US $1.3 billion in total commitments, including US $250 million from Onex. Finex Hong Kong Limited of Hong Kong and Greenstone Equity Partners of Dubai, UAE acted as placement agents. ONCAP said the fund has achieved several key objectives relative to...
7 April, 2025
(Dubai, UAE) Greenstone Saudi Arabia, a Saudi Arabia-based subsidiary of Greenstone Equity Partners, the largest fund placement firm in the Middle East, is pleased to announce that it has recently received approval from the Capital Market Authority of Saudi Arabia (the “CMA”) to commence operati...
6 February, 2024
(Dubai, UAE) Greenstone Equity Partners, the Middle East’s leading capital raising firm, has announced an alliance with North American real estate investment firm Trez Capital to enable investors in the Gulf Cooperation Council (GCC) region to access short-duration, income-oriented...
18 January, 2024