Rachna Uppal
Stories by Rachna Uppal
Dubai, Abu Dhabi race to lure world’s wealth managers
Globally, Dubai ranks 16th in the latest tally from the Global Financial Centres Index, while Abu Dhabi stands at 35th.
General Atlantic plans Abu Dhabi office by year-end
It has received preliminary approval for a license to operate out of the Abu Dhabi Global Market.
Bahrain’s Investcorp plans to list at least one portfolio company in the Gulf in 2024
Investcorp may announce an infra investment and an acquisition in Indonesia soon.
Virtual assets exchange Crypto.com wins Dubai licence
Crypto.com announced Dubai as its regional hub for the Middle East and North Africa in March 2022.
Saudi Arabia signs $5.6b deal with Chinese EV firm Human Horizons
Chinese foreign direct investment into Arab markets stood at $23 billion in 2021.
Saudi National Bank chair resigns in wake of Credit Suisse loss
Ammar Al Khudairy's comments were blamed for contributing to the bank's demise.
UAE’s IHC plans IPOs of its health and IT business divisions
IHC is targeting a tech unit IPO in the third quarter, with $1b in assets.
Saudi Aramco launches $1.5b fund to support global energy transition
The Aramco sustainability fund would target investments globally.
