The firm, which officially launched in January, has already taken stakes worth $5bn this year
Neighbouring Dubai airport is very busy and a new airport will not be finished for years
QIA has been reducing its holding in the UK supermarket chain since 2021
Writedown comes as UK government is hoping to attract institutional investors
Deal for stake in department store and property business across three countries follows collapse of Signa
Long-stalled project among a flurry of glitzy real estate deals designed to attract investors and tourists
Deal may provide a test case for other Middle Eastern investors scouring the world for opportunities
Adnoc seeks to acquire chemicals groups as it prepares for a world less reliant on oil as a fuel
Australia’s second-largest carrier would return to long-haul flying as part of the deal
Oil price falls as kingdom prepares to raise output from December
Move by US-based investment manager comes as oil-rich emirate woos financial services firms
State-backed clean energy company chases target of owning 100GW of renewable capacity by 2030
Tech giant creates new AI institutes with UAE’s G42 as it awaits decision to lift US controls on chip shipments
Sovereign fund invests through share sale that nets London-based fintech founder Nik Storonsky at least $200mn
State oil company Adnoc to make formal €14.4bn offer for Covestro in biggest European deal this year
Plan for world’s largest low-emission plant of its kind in limbo over push for US subsidies
Bahrain-based investment firm hands more power to executive chair Mohammed Alardhi
Sheikhs Hamdan and Maktoum take on greater responsibility as their father Sheikh Mohammed gradually steps back
Patients and clinicians say humanitarian exemption for pharmaceuticals is failing to prevent shortages
Gulf carrier’s purchase of 25% stake in South African airline adds to growing portfolio
Once considered a cash cow by dealmakers, PIF has slowed spending on global investments, bankers say
Port operator’s profits plummet 60% but group ‘confident’ second-half earnings will improve
The $1bn cash injection comes as owner Patrick Drahi’s telco empire is struggling with debts
Dividend of world’s largest oil company has been growing at an annual pace of 30%
Tesla rival reports more vehicle deliveries in second quarter but net loss widens to $790mn
