Singapore

Industry News

Temasek to Open First Middle East Offices in Abu Dhabi and Riyadh

Singapore state investor Temasek Holdings announced plans to establish its first Middle East offices in Abu Dhabi and Riyadh in the first half of 2027, subject to regulatory approvals. The strategic hubs are designed to deepen regional partnerships and accommodate co-located portfolio companies targeting the Gulf, Central Asia, and Africa. As of March 31, 2026, Temasek managed a net portfolio valued at S$518 billion ($405.5 billion).

China–UAE News

Trafigura Closes Upsized $4.4 Billion Syndicated Loans Backed by Chinese, UAE Banks

Global commodity trader Trafigura has closed US$4.4 billion in syndicated credit facilities, upsized from an initial US$3.5 billion equivalent. The facility includes a US$1.6 billion-equivalent offshore renminbi tranche and was backed by 40 lenders across Asia and the Middle East, including UAE banks ADCB and FAB alongside leading Chinese institutions.

Industry News

Abu Dhabi Invests Billions in Zero Hormuz Strategy to Safeguard Trade

Abu Dhabi is preparing to deploy tens of billions of dollars into ports, pipelines, and logistics to bypass the Strait of Hormuz. Sovereign wealth fund L'imad is anchoring the effort alongside ADNOC and DP World to develop trade infrastructure around Fujairah. The initiative includes plans to privatise Abu Dhabi Ports Co. at an estimated $9 billion valuation.

China–UAE News

China Securities and JINGDONG Property Expand UAE Operations in Major Bilateral Push

Enterprise reported multiple key business milestones across the UAE, including China Securities opening a regional office in DIFC and JD.com subsidiary JINGDONG Property developing a 150,000-square-metre logistics hub at KEZAD. The briefing also covered an investment partnership between First Abu Dhabi Bank and Temasek-owned Seviora Holdings, as well as a $5 million Series A fundraise by UAE startup Amaani to expand its AÏZA brand into Saudi Arabia.