Arsenal have made it clear that they are not interested in allowing Jakub Kiwior to leave on loan, despite interest from Bologna and other clubs across Europe. The Gunners, who signed the versatile defender from Spezia in January 2023 for around £21 million, are only open to a permanent transfer if the right offer comes
Facing an economic crisis and consequently fewer US dollars and other hard currencies, Egypt floated a three-year sustainability panda bond worth 3.5 billion yuan (US$478 million) in October. Panda bonds – typically denominated in yuan and issued in China by non-Chinese organisations, including governments and corporations – have gained traction as traders and countries seek
Saudi Arabia is set to direct to its oil industry a smaller portion of its $1-trillion strategic investments than previously estimated, Goldman Sachs said in a report this week. The capex plan through 2030 of the world’s top crude oil exporter will see a “capex super-cycle” with $1 trillion worth of investments across six strategic
On the global stage, few have been as active in flaunting their cash in recent years as the Middle East’s most powerful money men. Leaders of Saudi Arabia’s Public Investment Fund (PIF) and Abu Dhabi’s Mubadala — sovereign wealth funds that oversee assets worth more than $1 trillion combined — have been on a busy
Swiss private equity firm Partners Group is working with China Investment Corp (CIC) and Middle Eastern sovereign wealth funds to curate growing investment flows as the two regions cosy up. The Zug-based firm has long-established relationships with CIC, which has assets of US$1.35 trillion, and some of the large Middle Eastern sovereign wealth funds to
Middle Eastern institutional investors are keen to leverage the growing economies of Southeast Asia as they diversify their portfolios amid escalating tensions between China and the West, according to TVM Capital Healthcare, a Dubai and Singapore dual-headquartered private equity firm. “Middle Eastern family offices used to focus almost exclusively on the US and Europe. They
A fresh offering of Saudi Aramco shares, expected to bring in as much as $12 billion, underscores the kingdom’s reform strategy, leveraging massive oil wealth to pave the way for an eventual post-oil future (Fayez Nureldine) A fresh offering of shares in Saudi Aramco, the Gulf kingdom’s largely state-owned oil behemoth, comes at a pivotal
(Bloomberg) — Aramco will on Sunday kick off a share sale to raise about $12 billion for Saudi Arabia, one of the biggest deals in recent years that will test investor interest in the kingdom’s assets. Most Read from Bloomberg Saudi Arabia is looking to attract more international shareholders after Aramco’s mega IPO five years
Economy Minister Hwej discusses with Saudis shipping line, investment forum and halal products Minister of Economy and Trade, Mohamed Al-Hwej, discussed with the Chargé d’Affaires of Saudi Arabia to Libya, Hamad bin Abdullah Al-Shehri, the possibility of activating commercial maritime shipping between the ports of the two countries to enhance cooperation and raise the level