Saudi Arabia’s sovereign wealth fund is considering a plan to inject up to $300 million into a troubled steel pipe factory co-owned by ArcelorMittal,...
Bahrain hired investment bank Lazard Ltd. to advise on how to repair its strained public finances, according to people with knowledge of the matter, as the...
As homebuilders in Dubai and Abu Dhabi think up extravagant incentives to shake the property market out of its long slumber, the government will offer...
Two separate examinations into the alleged misuse of money at embattled Middle Eastern investment firm Abraaj Group found potential irregularities in its $1...
Some of the Gulf’s biggest builders are scaling up to pool resources as they try to confront a property market slump that has lasted longer than most...
Asset sales from Saudi power plants and football clubs to African energy firms are set to help deliver a bumper year for deals in the region. Investment banks...
Saudi Arabia’s second-biggest bank is betting that government efforts to develop the entertainment industry, boost home-ownership and open up the role of...
Abraaj Group, the Middle East buyout firm roiled by allegations of misused funds, is considering the sale of a stake in its fund management business to raise...
Saudi Arabia’s National Agricultural Development Co., part owned by the sovereign wealth fund, will acquire Danone SA’s venture in the country, creating one...
JPMorgan Chase & Co. sees initial public offerings and M&A driving Middle East deals this year in what the U.S. bank expects to be its busiest in the region....
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. Its...
Saudi Arabia increased its payments to some members of the royal family just as officials were wrapping up a controversial anti-corruption campaign that...
Saudi Arabia’s crackdown on alleged corruption showed no signs of letting up, with more people being questioned and banks freezing more accounts, people...
Once upon a time, building new roads was the most logical way to improve transportation. Now, making the most efficient use of roads is even more important,...
Saudi Arabia’s sovereign wealth fund hired the head of Qatar Investment Authority’s real estate arm as chief development officer earlier this year, people...
In the rapidly evolving gig economy, there is a new way to car shop: spot one on the road that appeals, snap its photo with your phone and an app will contact...
Qatar’s sovereign wealth fund sold a block of shares in luxury jewelry retailer Tiffany & Co. weeks after reducing stakes in Credit Suisse Group AG and...
After struggling to find an international buyer, Credit Agricole SA is selling half its stake in Banque Saudi Fransi to billionaire Prince Alwaleed bin Talal...
CVC Capital Partners is considering its first investment in the Middle East as Europe’s largest private equity company works to expand its business into new...
JPMorgan Chase & Co. and Citigroup Inc., the biggest debt arrangers in the Middle East and North Africa, expect regional sales to slow for the rest of the...
DUBAI: The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi insurer known as MedGulf, is weighing putting itself up for sale, according to three...
DUBAI: Just a few years back, the business relationship between the U.S. and Saudi Arabia was pretty simple: The Americans bought oil, and the Saudis spent...
DUBAI: JPMorgan Chase & Co. plans to move hundreds of London-based bankers to expanded offices in Dublin, Frankfurt and Luxembourg to preserve easy access to...
HSBC Holdings PLC and Royal Bank of Scotland Group PLC’s Saudi Arabia ventures are exploring a potential merger to create the kingdom’s third-largest lender...
DUBAI: Saudi Arabia’s billionaire Olayan family, Credit Suisse Group AG’s largest shareholder, is considering selling shares in some of its local assets, a...