Latest news with #AdveithNair
Bloomberg
5 days ago
- Business
- Bloomberg
Aramco Sheds Over $800 Billion in Market Value From 2022 Peak
Welcome to the Mideast Money newsletter, I'm Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that's become one of the most influential in global finance. You can sign up here. This week: a Middle Eastern wealth fund plans to offload $1.2 billion in legacy assets; Bahrain backs a private equity newcomer; and Brookfield names a new Saudi chairman. But first, a look at how Aramco's share slide is deepening the kingdom's challenges.
Bloomberg
28-07-2025
- Business
- Bloomberg
Dubai-Style Luxury and Royal's Cash Underpin Africa Travel Boom
Welcome to the Mideast Money newsletter, I'm Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that's become one of the most influential in global finance. You can sign up here. This week: The world's wealthy flock to the UAE despite rising regional risks, Qatar makes a new sporting play and Dubai's financial hub hits record growth. But first, over to Prinesha Naidoo for a look at how Middle Eastern capital is powering Africa's travel boom.
Bloomberg
21-07-2025
- Business
- Bloomberg
Saudi Arabia and the UAE Are Seeing Diverging Market Trajectories
Welcome to the Mideast Money newsletter, I'm Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that's become one of the most influential in global finance. You can sign up here. This week: Saudi Arabia taps consultants to review Neom's 'Line' project, PIF-backed Lucid gets a boost from Uber and Elon Musk's xAI is eying data center capacity in the kingdom. But first, let's examine the stark divergence across Gulf equity capital markets, with insights from Laura Gardner Cuesta.
Bloomberg
14-07-2025
- Business
- Bloomberg
Dubai Real Estate Firms Are Going Global
Welcome to the Mideast Money newsletter, I'm Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that's become one of the most influential in global finance. You can sign up here. This week: Kuwait's $1 trillion wealth fund is borrowing from Warren Buffett's playbook, and a Saudi royal runs a $250 billion firm shaping access to mega deals in the kingdom. But first, Dubai property developers are going global.
Bloomberg
30-06-2025
- Business
- Bloomberg
Dubai Real Estate's 122% Rally Endures on Affordability, Haven Appeal
Welcome to the Mideast Money newsletter, I'm Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that's become one of the most influential in global finance. You can sign up here. This week: Market-making giant Jane Street eyes Abu Dhabi, Dubai regulator searched hedge fund Magellan's office, and Saudi FDI inflows signal momentum. But first, let's dive into Dubai's property market boom.
