Archana Narayanan
Stories by Archana Narayanan
Abu Dhabi said to near pipeline stake sale to GIP-Brookfield consortium
A deal could value the pipelines at more than $15 billion, including debt.
Singapore’s GIC in talks to join consortium eyeing Adnoc pipeline stake
The gas pipelines could be valued at about $15 billion.
Abu Dhabi wealth fund Mubadala weighs deal in troubled NMC Health
Mubadala is also seeking to expand into health care as part of Abu Dhabi’s efforts to diversify its economy.
Saudi healthcare firm said to seek up to $700m in IPO
The hospital operator’s share sale is the first local listing after Saudi Aramco's in December 2019.
Abu Dhabi said to eye up to $1.5b Aramco IPO stake
Bringing in a major investor from outside the kingdom would be a relief for Saudi Arabia after plans to market the IPO globally were abandoned.
Aramco said to see nearly enough early orders to pull off IPO
Building early momentum is important in large equity offerings, as investors are encouraged to jump in when they see other institutions rushing to buy
Morgan Stanley offers $1t Aramco spread post multiple scenario evaluation
Morgan Stanley is one of the most bearish - and bullish - on Saudi Aramco’s valuation.
Aramco board set to approve world’s biggest IPO next week
Aramco is speeding up preparations for the IPO with an aim of listing on the Saudi bourse as soon as November.
Goldman Sachs spots big opportunity in Middle East
After Abu Dhabi snubbed the US bank for its involvement in the 1MDB scandal, Goldman Sachs eyes Saudi Arabia.
Reliance, Aramco talks on refinery stake sale said to have come to halt
Aramco is reportedly concerned about Reliance’s proposal to shift some debt of the wider group to its refinery business ahead of the transaction.