SaeedAzhar
Stories by SaeedAzhar
Mubadala may invest in SoftBank Vision Fund 2 in Q4
SoftBank announced Vision Fund 2 in July, and has already secured pledges for it totalling about $108 billion.
Saudi Aramco asks banks to submit proposals for potential roles in IPO
Aramco's IPO is the centerpiece of Saudi Arabia's economic transformation drive to attract foreign investment.
Actis takes over management rights of two Abraaj funds
The transaction includes investments in 14 portfolio companies across the two funds.
NBK Capital Partners said to abandon talks to buy Abraaj credit fund
Investors in the credit fund reportedly could not agree on a valuation for a potential deal with NBK Capital Partners.
TPG seals deal to take over management of Abraaj healthcare fund
The fund will be renamed Evercare Health Fund.
Mall operator Arabian Centres to raise up to $836m in Saudi’s biggest IPO since 2014
The IPO would be the country's biggest since Saudi lender National Commercial Bank raised $6 billion in 2014.
Uber acquires Dubai-based rival Careem in $3.1b deal, ahead of much-awaited IPO
The acquisition makes Careem a wholly owned subsidiary of Uber and will keep the Careem brand and app intact, at least initially.
StanChart sees senior private banker exits in Asia as unit earnings slide
Among those who left the bank in the past six months include Teddy Kwong, MD and market head for Hong Kong, and Peter Lam, MD and team leader for HK.
Qatar Airways acquires 5% stake in China Southern Airlines
Qatar Airways also owns 20% of British Airways-parent International Consolidated Airlines, 49% of Italy's Meridiana, and 9.99% of Hong Kong's Cathay
Abraaj founder Naqvi makes last-ditch rescue attempt to prevent liquidation
Naqvi has met limited partners and creditors in an effort to win back their support for a plan to restructure the debt of Abraaj Holdings.
