A high-stakes bidding war is unfolding for PAL Cooling Holding , the district cooling subsidiary of Abu Dhabi's Multiply Group, with global asset managers vying for a deal estimated at approximately $1 billion. Among the contenders are KKR, I Squared Capi...

Saudi Arabia has unveiled a $100 billion initiative, Project Transcendence, to establish itself as a dominant force in artificial intelligence and advanced technology. Spearheaded by the Public Investment Fund in collaboration with Google, this ambitiou...

Abu Dhabi’s Mubadala Investment Company has acquired a minority stake in Nord Anglia Education, a UK-based international private school operator, as part of a $14.5 billion deal led by Swedish private equity firm EQT. The transaction, completed in March 2...

Abu Dhabi National Oil Company is evaluating a potential acquisition of Aethon Energy Management's US-based natural gas assets, a move that could significantly bolster its presence in the North American energy market. The assets under consideration are v...

Abu Dhabi-based Mubadala Energy has announced a strategic partnership with Kimmeridge Energy Management to acquire a significant stake in the Commonwealth LNG project in Cameron, Louisiana. This move marks Mubadala Energy's inaugural investment in the Uni...

Stock markets across the United Arab Emirates have witnessed notable declines, influenced by escalating global trade tensions and fluctuating oil prices. The Dubai Financial Market and the Abu Dhabi Securities Exchange have both been affected, reflecti...

Arabian Post Staff -Dubai The United States has imposed a series of tariffs on countries within the Middle East and North Africa region, aiming to address what the administration describes as long-standing unfair trade practices. While these measures are...

Oil markets witnessed a significant downturn as Brent crude, the global benchmark, tumbled over 13% in two days, settling just above $66 per barrel. This sharp decline follows the dual impact of OPEC+ unexpectedly increasing production and the imposition...

The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, have announced a significant policy shift by accelerating oil production increases. This decision, made during a virtual meeting on Thursday, involves eight...

e& PPF Telecom Group, a joint venture between Emirates Telecommunications Group Company and Czech-based PPF Group, has finalized the acquisition of Serbia Broadband for €825 million. This transaction, structured on a cash-free, debt-free basis, was...

Abu Dhabi's Mubadala Investment Company and the California State Teachers’ Retirement System have jointly committed an additional $215 million to 3650 Capital, a U.S.-based alternative commercial real estate lender. This infusion aims to bolster 3650 Cap...

Abu Dhabi's Mubadala Investment Company and the California State Teachers' Retirement System have jointly committed $215 million to 3650 Capital, a U.S.-based alternative commercial real estate lender. This infusion aims to bolster 3650 Capital's lending...

President Donald Trump has announced the imposition of a 25% tariff on all imported automobiles and specific auto parts, a move set to take effect on April 3. The administration asserts that this measure aims to bolster domestic manufacturing and is proje...

The Abu Dhabi Investment Authority , through a wholly owned subsidiary, has agreed to acquire a significant minority stake in European Camping Group , a leading provider of outdoor accommodation in Europe. PAI Partners, the France-based private equity fir...

Dubai is implementing significant regulatory reforms to enhance its status as a burgeoning hub for hedge funds. The Dubai Financial Services Authority is conducting a comprehensive review of existing regulations to eliminate unnecessary burdens and lower...