KKR & Co. is providing private credit financing to a desalination plant in Saudi Arabia, marking the alternatives giant’s first foray into the kingdom and highlighting the region’s growing appeal to global investors.
KKR & Co. is providing private credit financing to a desalination plant in Saudi Arabia, marking the alternatives giant’s first foray into the kingdom and highlighting the region’s growing appeal to global investors.
Ares Management is providing a $100 million facility to Dubai-based multifamily office Patrimium, as global finance firms step up their pursuit of private credit opportunities in the Gulf region.
Ares Management is providing a $100 million facility to Dubai-based multifamily office Patrimium, as global finance firms step up their pursuit of private credit opportunities in the Gulf region.
HSBC Holdings Plc has relocated several managing directors from London to the Middle East, replenishing its ranks in a region earmarked as a priority under Chief Executive Officer Georges Elhedery.
HSBC Holdings Plc has relocated several managing directors from London to the Middle East, replenishing its ranks in a region earmarked as a priority under Chief Executive Officer Georges Elhedery.
Brookfield Asset Management Ltd. and Qatar Investment Authority are teaming up on a $20 billion venture to invest in artificial-intelligence infrastructure, underscoring the escalating regional race for dominance in the sector.
Brookfield Asset Management Ltd. and Qatar Investment Authority are teaming up on a $20 billion venture to invest in artificial-intelligence infrastructure, underscoring the escalating regional race for dominance in the sector.
Brookfield has estimated the global AI infrastructure build-out will require $7 trillion over the next decade.
Deep pools of wealth have given Abu Dhabi, the capital of the United Arab Emirates, unprecedented sway over global finance, energy and AI.
The Mubadala Investment Co PJSC headquarters building, center, in Abu Dhabi, United Arab Emirates, on Saturday, Dec. 7, 2024. Abu Dhabi is looking to add an additional $25 billion to its gross domestic product by 2045. Photographer: Christopher Pike/Bloomberg
Jefferies Financial Group Inc. is making its first foray into Saudi Arabia’s private credit space, leading a $125 million financing deal for finance startup Erad.
Jefferies Financial Group Inc. is making its first foray into Saudi Arabia’s private credit space, leading a $125 million financing deal for finance startup Erad.
The King Abdullah Financial District in Riyadh, Saudi Arabia.
Saudi Aramco has chosen Citigroup Inc. to help arrange a potential multibillion-dollar stake sale in its oil export and storage terminals business, according to people familiar with the matter.
Saudi Aramco has chosen Citigroup Inc. to help arrange a potential multibillion-dollar stake sale in its oil export and storage terminals business, according to people familiar with the matter.
Pipes used for landing and unloading crude and refined oil at the North Pier Terminal, operated by Saudi Aramco, in Ras Tanura, Saudi Arabia.