India’s Reliance Retail in $1.5 billion Gulf, Singapore funds talks
Reuters exclusively reported that India’s Reliance Retail is in talks with existing investors including the sovereign wealth funds of Singapore, Abu Dhabi and Saudi Arabia for combined new investments...
View ArticleUS-Saudi defence pact tied to Israel deal, Palestinian demands put aside
Reuters exclusively reported that Saudi Arabia is determined to secure a military pact requiring the United States to defend the kingdom in return for opening ties with Israel and will not hold up a...
View ArticleAbu Dhabi’s oil champion ADNOC bets on global expansion
Reuters reported that the United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and...
View ArticleUAE agribusiness in talks to acquire land in Egypt
Reuters was first to report that Emirati agribusiness Al Dahra is in talks to acquire more agricultural land in Egypt, a deal that could reduce Cairo’s dependence on imports of staple crops but also...
View ArticleQatar seeking Israel-Hamas deal to free 50 hostages and 3-day truce
Reuters was first to report that Qatari mediators on Wednesday sought to negotiate a deal between Hamas and Israel that included the release of around 50 civilian hostages from Gaza in exchange for a...
View ArticleUS giants Pimco, Vanguard invest in Turkey after its return to rate hikes
Reuters reported U.S. investment giants Pimco and Vanguard have bought local Turkish assets in recent months, betting that the country will maintain high interest rates after years of erratic...
View ArticleIraq seeks quick exit of US forces but no deadline set, PM says
Reuters exclusively reported that Iraq wants a quick and orderly negotiated exit of U.S-led military forces from its soil but has not set a deadline, Prime Minister Mohammed Shia al-Sudani said,...
View ArticleUS targets Houthi anti-ship missiles in new strike on Yemen
Reuters exclusively reported that the U.S. military on Tuesday carried out a new strike in Yemen against four Houthi anti-ship ballistic missiles, the latest move against the Iran-aligned group over...
View ArticleMiddle East escalation tilts balance of risks in markets
Reuters reported for global investors who came into 2024 with doubts about how long stock markets can rally and when central banks will cut rates, a sudden widening of the war in Gaza is swaying the...
View ArticleSaudi Arabia’s capacity U-turn was months in the making
Reuters exclusively reported that Saudi Arabia’s surprise reversal of its oil expansion ambitions was at least six months in the making, after Riyadh concluded its vast spare capacity was enough to...
View ArticleSaudi Arabia closes in on deal to create new cycling league
Reuters exclusively reported that Saudi Arabia-backed sports fund SRJ was in exclusive talks to back a new cycling league, which Reuters also exclusively reported was in the works back in October....
View ArticleApollo in talks for AlShaya Starbucks franchise, sources say
Reuters exclusively reported that U.S private equity firm Apollo Global Management Inc (APO.N) is in talks to buy a minority stake in the Middle East, North Africa and central Asia Starbucks (SBUX.O)...
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