Putin Seizes Rights to St. Petersburg Airport From Foreign Investors
President Vladimir Putin ordered the transfer of all the rights to managing St. Petersburg’s Pulkovo airport from foreign
2023-12-01 18:47
Signa Files for Insolvency as Cash Crunch Fells Luxury Empire
Tycoon Rene Benko’s Signa filed for insolvency after a last-ditch attempt to raise emergency funding failed, making the
2023-11-29 18:56
Signa Insolvency Wave Nears as Last-Ditch Fund Talks Falter
Rene Benko’s €23 billion ($25 billion) retail and property empire is on the cusp of a wave of
2023-11-27 20:57
Mubadala to Anchor Private Credit Fund for European Property
Mubadala Investment Co. said it will be an anchor investor in a new special situations fund set up
2023-11-22 16:27
Altman Sought Billions For AI Chip Venture Before OpenAI Ouster
In the weeks leading up to his shocking ouster from OpenAI, Sam Altman was actively working to raise
2023-11-20 01:53
Saudi Arabia’s Tabby Valued at $1.5 Billion in Pre-IPO Fundraise
Saudi Arabia-based Tabby raised $200 million in a funding round that values the buy-now-pay-later firm at over $1.5
2023-11-01 14:54
Blue Owl Plans to Open Abu Dhabi Office in Middle East Expansion
Private credit lender Blue Owl Capital Inc. is working to open an office and hire a team in
2023-09-23 04:24
New Rising Stars Are Powering Gulf’s $50 Billion Spending Spree
Oil-rich Gulf monarchies are channeling more international deals via state-backed firms instead of the region’s sovereign wealth funds,
2023-09-01 13:56
US Security Officials Reviewing Mubadala Fortress Deal, FT Says
The Committee on Foreign Investment in the US is reviewing Mubadala Investment Co.’s planned takeover of Fortress Investment
2023-07-25 15:58
Middle Eastern Wealth Flows to China Amid Anxiety About US Ties
Oil-rich gulf monarchies are leveraging their wealth to deepen ties with China amid anxiety about the future of
2023-07-16 09:27
McDonald’s China Owners Carlyle, Trustar Plan $4 Billion Exit
Carlyle Group Inc. and Trustar Capital are seeking a partial exit from McDonald’s Corp.’s operations in Hong Kong
2023-07-13 08:59
Kuwait’s $700 Billion Wealth Fund Is Being Eclipsed by Ambitious Neighbors
As Middle Eastern sovereign wealth funds emerge as the go-to investors for some of the biggest deals, the
2023-07-10 12:48