Singapore state-owned investment firm Temasek Holdings plans to open offices in Abu Dhabi, United Arab Emirates, and Riyadh, Saudi Arabia, in the first half of 2027, subject to regulatory clearances, according to Arabian Gulf Business Insight.
The planned Gulf expansion will enlarge Temasek's global footprint from 13 offices across nine countries to 15 offices in 11 countries. As of March 31, 2026, the Singapore investor reported a net portfolio value of S$518 billion (approximately $405.5 billion).
Temasek stated that the new offices will serve as strategic regional hubs for the parent firm as well as select portfolio companies that intend to co-locate in the Gulf. The firm is targeting direct investments and institutional partnerships across the Middle East, with an emphasis on the UAE, Saudi Arabia, and Qatar, while using the regional presence to facilitate broader access into Central Asia and Africa.
Leadership arrangements for the regional expansion include Chia Song Hwee, chief executive officer of Temasek Global Investments, who became chairman for the Middle East and Africa on September 1, 2026, with Ankit Khemka remaining managing director for the region. Temasek chief executive officer Dilhan Pillay Sandrasegara stated that the Middle East represents an important component of the firm's international network amid broad-based economic transformation.
Sources
- Arabian Gulf Business Insight | AGBI · 2026-10-07
