Dinesh Nair
Stories by Dinesh Nair
Embattled buyout firm Abraaj said to cut about 15% of jobs
Paring jobs may help alleviate the pressure on the new leaders taking control of the 16-year-old firm’s asset management business from founder Arif
SoftBank said to near deal for $9.6b stake in Swiss Re
The deal would help Son reshape Japanese mobile-phone carrier SoftBank into a tech investor, mirroring the actions of business titans including Warren
Abraaj said to mull stake sale in fund unit to raise cash
Abraaj Group has held discussions with advisers about selling part of the newly separated investment business, which oversees funds globally for insti
Saudi wealth fund, GIC said to eye stake in Accor’s property unit
PIF is partnering GIC, France's Amundi and US real estate investment trust Colony NorthStar for the deal that could value the Accor unit at $7.64 bil
Saudi sovereign wealth fund said to weigh bank loans for investments
The Public Investment Fund, or PIF, has held talks with local and international banks and could raise about $5 billion this year.
Mubadala explores sale options for its $920m stake in Malaysian lender RHB Bank
Mubadala’s stake is worth about $920 million based on Thursday’s closing price.
Goldman, Citigroup said to be in lead for top roles in Saudi Aramco IPO
Some banks pitching for roles on the IPO are tentatively valuing the company at between $1 trillion and about $1.5 trillion.
Abu Dhabi’s Adnoc to seek up to $2b with IPO of unit
IPO activity in the U.A.E. is showing signs of picking up after only two deals were completed throughout 2015 and 2016.
SoftBank said to plan up to $25b in Saudi investments
SoftBank’s Vision Fund may buy a significant stake in state-controller Saudi Electricity.
Broadcom plans $100b Qualcomm bid to build chip behemoth
If successful, the deal would be the largest technology takeover.
