Dinesh Nair

Brookfield Business Corp. has agreed to sell Multiplex, the construction company that built London’s Wembley Stadium, to Japan’s Obayashi Corp. for $650 million.

Sheikh Tahnoon bin Zayed Al Nahyan is best known as the defacto business chief of Abu Dhabi’s wealthy ruling family and the man at the helm of a $1.5 trillion empire. Behind the scenes, he has taken on another role: Diplomatic emissary charged with helping rebuild the United Arab Emirates’ relationship with Iran.

Two district cooling transactions linked to sovereign wealth funds in Saudi Arabia and Qatar are advancing, signaling continued investor appetite for Middle Eastern infrastructure assets despite geopolitical tensions.

German energy company RWE AG is nearing a deal to boost its stake in Amprion by buying stakes from Swiss Life and a German pension fund as part of a deal that could value the transmission grid at about €10 billion ($11.5 billion), according to people familiar with the matter.

Der Essener Energiekonzern RWE steht Insidern zufolge kurz vor einer Vereinbarung zur Aufstockung seiner Beteiligung an Amprion. RWE wolle Anteile von Swiss Life und einer deutschen Investmentgesellschaft erwerben, hinter der Ärzteversorgungswerke stehen. Im Rahmen der Transaktion könnte der Übertragungsnetzbetreiber mit rund 10 Milliarden Euro bewertet werden, sagten mit der Angelegenheit vertraute Personen.

(Bloomberg) -- Abu Dhabi's newest wealth fund is overhauling its executive ranks and reorganizing parts of its portfolio as the $300 billion investor

Abu Dhabi’s newest wealth fund is overhauling its executive ranks and reorganizing parts of its portfolio as the $300 billion investor overseen by an influential royal prepares for a more central role in the emirate’s dealmaking ambitions.

A conglomerate backed by Oman’s sovereign wealth fund is looking to sell a stake worth in the shipping business it listed last year, people familiar with the matter said.

Blackstone Inc. is opening an office in Kuwait, signaling its continued commitment to the Middle East even as the war in Iran approaches its sixth month and fighting intensified in recent weeks.

Brookfield Asset Management Ltd. has raised about $2 billion for a Middle East-focused vehicle backed by Saudi Arabia’s wealth fund even as the region grapples with the Iran war.