Hadeel Al Sayegh
Stories by Hadeel Al Sayegh
PIF-backed Riyad Bank assessing IPO of investment banking unit in Saudi Arabia
Riyad Bank is 21.75% owned by PIF and 10.39% owned by the Saudi government.
Abu Dhabi’s IHC forms new holding company with assets exceeding $27b
2PointZero's portfolio will include alternative asset manager Lunate.
Abu Dhabi’s PureHealth surges 69% on market debut after billion-dollar IPO
PureHealth played a pivotal role in screening for COVID-19 infections in the UAE.
Investcorp buys 50% stake in US-based Corsair Capital’s infrastructure business
A new entity, Investcorp Corsair, was established for the transaction.
Crypto exchange Binance withdraws application for Abu Dhabi licence
Binance is reassessing its global structure as regulatory pressures mount.
Saudi Arabian media giant MBC Group sets price range for IPO
The price range implies an equity value for the group of between $2.04 billion and $2.22 billion.
Saudi’s Kingdom Holding buys $450m stake in Citigroup from Prince Alwaleed
The deal came more than four years after Prince Alwaleed was swept up in an anti-corruption drive.
More PE players open offices in the Gulf to deepen ties with cash-rich SWFs, families
Ardian opened an office in Abu Dhabi, while Brookfield opened an office in Riyadh.
Saudi sovereign wealth fund PIF to raise $3.5b in Islamic bonds sale
This is set to be the first major test for Middle-Eastern markets since the latest Israel-Hamas conflict.
Mubadala in talks to buy a part of Temasek’s stake in Manipal Hospitals: report
Temasek aims to keep a majority stake in Manipal, sources told Reuters.
