The fund also sees softer points in pension funds with illiquid holdings and EMs drawing down reserves while risk premiums sit at levels last ...

Agility is selling its 65.12% stake in Tristar to India’s Aegis Logistics for up to USD 581 mn, in an agreement that values the Dubai-based fuel logistics player at USD 1.5 bn including debt. Agility ...

Agility Global is selling its entire 65.12% stake in Dubai-based energy logistics player Tristar to India’s Aegis Logistics — 23 years after buying it for about USD 7 mn. The transaction values ...

Elsewedy and China’s Sinohydro will build the 2.3 GW gas-fired plant for Acwa and Saudi Energy, with commercial operations slated for May 2029 ...

Saudi Arabia is the Gulf’s largest source of private credit demand, in a regional market Moody’s puts at around USD 6 bn against roughly USD 1.8 tn globally. Regional sovereign wealth funds hold ...

NMC founder B.R. Shetty is launching a new USD 15 bn court battle against Bank of Baroda. The UAE-based businessman filed a lawsuit against the Indian state-owned lender and 25 other defendants in the ...

Alexandria is getting a dirty bulk terminal, and a Chinese company is building it. The Alexandria Port Authority signed an MoU with Xiamen C&D to develop the terminal at Al-Max Port, according to a ...

Elsewedy and China’s Sinohydro will build the 2.3 GW gas-fired plant for Acwa and Saudi Energy, with commercial operations slated for May 2029 ...

PLUS: Emaar Misr hired BDO Keys to value its own and Skytower’s shares and set the swap ratio for acquiring the remaining 75% of ...

Each week, My Morning Routine looks at how a successful member of the community starts their day — and then throws in a couple of random business questions just for fun. Speaking to us this week is ...

The US is holding back on direct action against the Houthis, and Pakistan’s defense commitments could come at a steep political and financial cost ...

Every hire, review, and training course leaves a data trail. Most HR teams still look at it after the fact. For years, people decisions ...