Kering has turned one of Milan’s most coveted retail addresses into fresh liquidity, striking a high-value property partnership that underscores the luxury group’s push to shore up its balance sheet. The owner of Gucci agreed to sell a majority stake in its landmark building on Via Monte Napoleone to Qatar’s Al-Mirqab Group, pocketing roughly €1.16 …

Kering Unlocks Milan Trophy Asset in $1.4 Billion Deal With Qatari Investor Read More »

Saudi investment firm Kingdom Holding Company is set to deepen its exposure to climate-focused technology after agreeing to purchase a stake in Breakthrough Energy Ventures from its chairman, Prince Alwaleed bin Talal, in a deal valued at 255 million riyals (about $68 million). 💼⚡ The transaction comes at a notable markdown — roughly 30% below …

Kingdom Holding Moves to Consolidate Clean-Energy Bet with Discounted BEV Stake Buyout Read More »

Equity markets across the Gulf opened on a cautious note Thursday, with most major indices edging lower as investors reacted to renewed uncertainty surrounding the Middle East conflict. The nervous tone followed fresh remarks indicating that U.S. military operations against Iran could continue for weeks, leaving traders bracing for prolonged volatility. Dubai’s benchmark led regional …

Gulf Markets Slip as Conflict Jitters Weigh on Investor Mood Read More »

Abu Dhabi’s sovereign wealth heavyweight has wrapped up a multi-billion-dollar financing tied to its Australian infrastructure portfolio, and the response from lenders was anything but quiet. The A$3.745 billion (about $2.5 billion) holdco loan attracted strong demand during syndication, pulling in commitments from 28 banks and institutions and pushing the deal comfortably over the line. …

ADIA’s Australian Financing Draws Lender Rush as A$3.7bn Deal Wraps Up Read More »

Dubai’s property market is proving stubbornly upbeat, even as geopolitical tremors ripple across the region. Buyers — particularly those chasing ultra-luxury addresses — continued to pour money into off-plan apartments, pushing sales close to $5 billion in March. Fresh figures drawn from Dubai Land Department data show off-plan residential apartment sales touching AED 17.5 billion …

Conflict Fails to Cool Dubai’s Property Rush as Off-Plan Sales Near $5 Billion Read More »

A fresh wave of Middle Eastern capital is flowing into the fast-growing wearable health space, with sovereign investors doubling down on technology aimed at extending human longevity. Investment heavyweights Mubadala Investment Company and Qatar Investment Authority have joined a major funding round for U.S. health-device maker WHOOP, pushing the firm’s valuation to about $10.1 billion. …

Gulf Capital Bets on Wearable Wellness as WHOOP Lands Billion-Dollar Backing Read More »