Electronics and entertainment company Sony Corp. said Tuesday it plans to spend $2.3 billion acquiring an additional 60 percent stake in EMI Music Publishing,...
Austria's OMV has signed a deal worth $1.5 billion for a 20 percent stake in two offshore concessions in the United Arab Emirates' capital, Abu Dhabi.
Abu Dhabi's state energy company ADNOC said Monday it had awarded Japan's INPEX a 10 percent stake in an offshore oil concession, in a deal worth $600 million.
Saudi Arabia is emerging as the Middle East’s biggest deal-maker as the kingdom creates what it hopes will be the world’s largest sovereign wealth fund.
Prime Minister Edouard Philippe will look to deep-pocketed sovereign wealth funds in the United Arab Emirates to further investments in France when he carries...
For as long as Gulf economies rely on oil, crude will be a factor in determining how investors trade regional markets. But right now, politics is king.
Serena Williams will make her comeback at the Mubadala exhibition event in Abu Dhabi on December 30, tournament organisers announced Sunday.
It might seem unusually early in the game to start talking about how to manage Lebanon’s oil and gas wealth through a national sovereign wealth fund, given...
Abu Dhabi’s government-owned development fund is betting on U.S. technology in a multibillion dollar spending plan that will see it partnering with Saudi...
Natural gas built the high-rises of Qatar’s capital, put the Al-Jazeera satellite news network on the air and a fleet of passengers jets for its state carrier...
When it comes to natural gas shipments, the United Arab Emirates needs Qatar more than Qatar needs the UAE.
Abu Dhabi’s Mubadala Investment Co. plans to invest as much as $15 billion in SoftBank Group Corp.’s Vision Fund and start two new venture capital funds to...
In the past 18 months, military equipment produced in the United Arab Emirates has made its way as far as Russia and as close as Kuwait, with contracts signed...
Emirati and Malaysian officials said Monday they reached a deal to resolve a legal dispute over the indebted and troubled Malaysian investment fund 1MDB, with...
Half of the world’s biggest natural gas field is back in play.
Saudi Arabia and its ambitious reform plans are the focus of all the hype in Middle Eastern financial circles these days, but it’s still in the United Arab...
Abu Dhabi is close to finalizing the merger of two of its largest sovereign wealth funds – Mubadala Development Co. PJSC and International Petroleum...
Abu Dhabi’s Mubadala Development Co. is considering committing $10 billion to $15 billion to partner with SoftBank Group Corp. and Saudi Arabia’s Public...
Qatari banks Masraf Al Rayan QSC, Barwa Bank QSC and International Bank of Qatar QSC are in talks on a three-way merger as consolidation accelerates across...