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PIF now owns 30% of Saudi Tabreed
KSA’s sovereign wealth fund, the Public Investment Fund (PIF), has closed the acquisition of a 30% stake in Saudi Tabreed…
US firm Gradiant acquires UAE wastewater treatment firm Advanced Watertek
US-based wastewater treatment company Gradiant has acquired Dubai-based water treatment firm Advanced Watertek, according to a statement picked up by…
Qatar could get up to 25% of USD 27 bn in Iraqi energy projects
QatarEnergy could get a 20-25% stake in the USD 27 bn cluster of energy projects in Iraq it has been…
UAE’s IHC gives Adani Enterprises’ secondary offering a shot in the arm
Abu Dhabi’s IHC confirms investment in Adani Group: Abu Dhabi-headquartered corporate investment holding firm International Holding Company (IHC) intends to…
Is PIF acquiring EV maker Lucid Group?
PIF may be mulling an acquisition of EV maker Lucid Group: Market speculation that Saudi Arabia’s sovereign wealth fund, the…
GCC investment in Adani Enterprises’ green finance-focused secondary offering isn’t going as planned
Strong GCC investor interest in India’s Adani Enterprises is at risk: While GCC investors had been eyeing bids for the…
US firm nabs majority stake in Moroccan waste plastic-to-energy group
US’ Clean-Seas to acquire majority stake in Moroccan waste recycling group Ecosynergie: Clean-Seas — a subsidiary of US-headquartered investment firm…
2023 will likely see GCC sovereign wealth funds continue their renewables shopping spree
The GCC’s Western renewables acquisitions trend is poised to continue in 2023: Among the key trends we noted in 2022’s…
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