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Saudi Fund Leads Record Game-Industry Buyout

Saudi Arabia’s Public Investment Fund is driving a landmark $55 billion leveraged buyout of Electronic Arts, committing more fresh capital than private equity heavyweight Silver Lake and Jared Kushner’s Affinity Partners, according to people…

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UAE Non-Oil Economy Drives 3.9 % Q1 Growth

The UAE achieved 3.9 per cent real GDP growth in the first quarter of 2025, reaching AED 455 billion compared with…

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EU Pauses Probe into ADNOC’s €14.7 bn Covestro Bid

EU antitrust authorities have pressed pause on the investigation into Abu Dhabi National Oil Company’s €14.7 billion takeover of Germany’s Covestro, granting…

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Alwaleed in Talks to Buy Al Hilal Majority Stake

Prince Alwaleed bin Talal is negotiating with the Public Investment Fund over a potential acquisition of approximately 75 per cent of…

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Google’s Bold Lean-Forward Strategy

Google has eliminated around 35 percent of managers overseeing small teams, opting to shift many into individual contributor roles in a decisive…

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BCP Sets Up Full-Service Dubai Branch

Banque de Commerce et de Placements, the Swiss private bank based in Geneva, has elevated its presence in the Middle East…

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TECOM’s Bold Move Boosts Dubai Industrial City Footprint

TECOM Group has committed AED 1.6 billion to acquire 138 land plots totalling 33 million sq ft from Dubai Holding Asset Management. The move enlarges the Group’s…