The fund is aiming to catalyse Oman’s energy transformation and economic diversification under Oman Vision 2040; alternative asset manager Templewater, which has offices in Hong Kong and Singapore, has also set-up an office in Muscat.

In October, Lim, HSBC's HK CEO will replace Hang Seng's Diana Cesar, who is returning to HSBC; Ng, HSBC HK's head of wealth and personal banking, is set to replace Lim as HK CEO, in addition to her other roles.

David He, who has global experience across M&A, private equity and restructurings, joined from Gunderson Dettmer at the beginning of September.

Kulkarni is set to join Citi in December in Singapore to become co-head, Citi investment banking for Japan, Asia North, Australia, and Asia South, serving alongside Jan Metzger.

Hong Kong’s Stablecoin Law is cementing the financial hub’s digital ambitions, however pending US crypto laws are keeping regulatory competition tight as both chase the growing opportunity.

The buyers of the multifamily assets were sovereign wealth funds and follows the closure of a hotel real estate fund in July.

The US Court of Appeals for the Federal Circuit agreed with another court's verdict that most of the tariffs are illegal; however the tariffs, including 50% on many Indian goods, will stay in place until October 14 to allow an appeal to the Supreme Court.

FA spoke to Andrew Cummings, head of residential agency at Savills Middle East, about recent shifts in Dubai’s real estate landscape. He shared insights on foreign capital flows, the impact of infrastructure and regulatory reforms, and how new ownership models are influencing long-term investor activity.

The sustainability linked financing covers greenfield and operational assets across Australia, Hong Kong, Malaysia and Singapore, and involved a consortium of 60 banks. The financing comes after Blackstone and CPPIB's acquisition of the group last year.

The €2.85bn deal will expand the French gas giant's presence in Asia; the acquisition is being financed by a bridge loan and will be (re)financed by bond issues.