US-based BlackRock mulls plans to increase investment in Egypt

New York-headquartered multinational investment Management Corporation is considering to hike its investment in Egypt after it launched a $673 million climate-focused infrastructure fund, Reuters reports. The Arab republic, David Giordano, global head of renewable power at BlackRock Alternative Investors has Read more

Kuwait mulls plans to allow expats to fully own businesses in move to attract investment

Kuwait may allow foreigners full ownership of companies in a push to attract more investments and boost the economy, Zawya reports. The plans according to Abdullah Al-Sabah, deputy director general for investment operations at Kuwait’s Direct Investment Promotion Authority, aim Read more

Abu Dhabi state investor Mubadala injects $497 million in UK-based IVC Evidensia

Abu Dhabi’s Mubadala Investment Company, one of the investment fund of the UAE, announced Sunday it has invested $497 million into UK-headquartered IVC Evidensia, Europe’s largest veterinary care provider. The sovereign fund in a statement indicated that the investment aligns Read more