Archana Narayanan

(Bloomberg) -- Citigroup Inc. has returned to working on Investcorp Capital Plc’s initial public offering in Abu Dhabi, after it earlier had to stop that work because it couldn’t get internal approval to participate in the sale, according to people familiar with the matter. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on

Lunate, the Abu Dhabi-based alternate investment fund with more than $50 billion of assets, is partnering with Bank of New York Mellon Corp. on a new fintech venture to tap into the region’s burgeoning market for wealth management.

Citigroup Inc. named Carmen Haddad, one of the firm’s most senior bankers in the Middle East, to a vice chairman role as the firm looks to deepen its business in the region.

Mubadala Investment Co. said it will be an anchor investor in a new special situations fund set up by Starz Real Estate, as deep-pocketed Middle Eastern investors play an increasingly pivotal role in private credit.

Hello from sunny Dubai. This is Archana Narayanan and I’m bringing you a rare interview with a key executive at Abu Dhabi’s most active sovereign wealth fund, Mubadala Investment. Elsewhere, private credit firm HPS privately files for an IPO and BPCE is exploring options for Natixis. Today's top stories

Adel Sajan is witnessing one of the biggest booms his firm has ever seen, as a flood of wealthy Indians snap up $250,000 apartments in the luxury Dubai skyscrapers built by his family.

LuLu Group International, which operates one of the Middle East’s largest hypermarket chains, has appointed banks for what could be one of the biggest initial public offerings in the Gulf this year, according to people familiar with the matter.

(Bloomberg) -- BlackRock Inc. is set to host a gathering of top corporate executives and government officials in Riyadh, marking the US firm’s first event on this scale in the Saudi capital and bolstering the kingdom’s efforts to lure foreign investment.Most Read from BloombergMusk Leaves China With Tesla Driving Software Hurdles ClearedMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Built ‘Large’ Stake in Buffett-Favored Sumitomo, Source SaysYen Watchers Ask When Japan W

Dubai Holding refinanced a 30 billion dirham ($8.2 billion) loan to replace older facilities at the two state-backed developers it absorbed last month, better positioning itself to capitalize on a boom in the city’s real estate market.

Dubai’s stock exchange is dipping its toes into the $1.7 trillion private credit market with a new platform it says would make it easier for local companies to raise such debt.