Qatar sovereign wealth Fund eyes investment opportunities in Asia

Qatar Investment Authority (QIA), the country’s sovereign wealth Fund, has launched a wholly-owned advisory subsidiary in Singapore to source investment opportunities in Asia, Zawya reports citing a source from the Fund. The subsidiary, Qatar Investment Authority Advisory (Singapore) Pte Ltd, Read more

Saudi Aramco makes investment in Shanghai-based medical startup Fourier Intelligence

Prosperity7 Ventures, the investment vehicle of Saudi Arabia’s largest state-run company has invested in Chinese medical rehabilitation robot firm Fourier Intelligence as part of the startup’s Series C+ funding round, Zawya reports citing the Chinese company. “All proceeds will go Read more

Commercial Bank of Qatar scraps offer to acquire majority stake in National Bank of Oman

Commercial Bank of Qatar has given up on plans to raise stakes in National Bank of Oman (NBO) to controlling shares after investors pushed back against what would have been a rare cross-border tie-up in the Gulf, Bloomberg reports. Commercial Read more