Abu Dhabi’s Mubadala sovereign wealth fund is handing management of a $25 billion private credit portfolio to its asset management arm, Mubadala Capital, in a move that will let the business raise ...

In today’s Daily Circuit, we report on McLaren bringing its supercars back to Saudi Arabia, the UAE and Jordan breaking ...

Global oil stockpiles have become “scarily thin” and releasing stockpiles might buy time but won’t fix imbalances between ...

Saudi Arabia is shelving one of its planned World Cup stadiums and preparing to cancel its star-studded Joy Awards as budget ...

Soundstorm, the Saudi music festival that drew about 450,000 fans to the desert north of Riyadh last year, has canceled its ...

Saudi Arabia has put aside about 14 gigawatts of power capacity for Humain to build one of the world’s largest AI computing ...

Saudi Arabia’s expatriate jobs boom is fading as the Iran war compounds Public Investment Fund cutbacks and a broader hiring ...

Saudi Arabia is looking to Wall Street to help finance its preparations for hosting the 2034 World Cup. Riyadh-based ROSHN, a property development firm owned by Saudi Arabia’s Public Investment Fund, ...

Etihad Rail will begin passenger services from Dubai tomorrow, connecting the city’s Al Yalayis station with Abu Dhabi and ...

Mubadala plans to devote about $170 billion to U.S. interests, roughly 44% of its portfolio, spanning AI and healthcare to energy and advanced manufacturing. The strategy was at the center of ...

France is sending troops, radar and air defenses to protect Saudi Aramco’s facilities at the Red Sea port of Yanbu after ...

Mohamed Alsuwaidi has stepped down as CEO of Abu Dhabi sovereign wealth fund ADQ to take up a new role at three-year-old Lunate, marking a major leadership change among the emirate’s state-linked ...