MiddleEastInvestment

Saudi Arabia's Zahid Group Proposes to Acquire Barloworld, Eyeing Delisting in South Africa

12 days ago

In a significant move that could reshape the landscape of South African business, Zahid Group, a prominent company based in Saudi Arabia, has presented an ambitious offer to acquire Barloworld Limited, a leading diversified company in South Africa. This proposal not only aims at acquiring Barloworld but also seeks to delist the firm from the Johannesburg Stock Exchange (JSE), a strategic step that hinges on securing full ownership of the company.

Abu Dhabi Seizes Hedge Fund Opportunity with Marshall Wace Partnership

13 days ago

Abu Dhabi, the capital of the United Arab Emirates, has made headlines recently by attracting the notable hedge fund Marshall Wace as part of its ambitious strategy to expand its financial ecosystem. This move is seen as a major step in bolstering the city’s reputation as a global investment hub, especially within the burgeoning hedge fund industry.

Jadwa Investment Secures $266 Million to Accelerate Middle East Investment Opportunities

1 month ago

In a significant move that underscores the growing appeal of the Middle Eastern investment landscape, Saudi Arabia's Jadwa Investment has successfully raised $266 million through its newest private equity fund. This fund is designed to capitalize on emerging deals within the region, reflecting the Kingdom's ambition to enhance its economic diversification efforts beyond oil dependency.