abu dhabi

The Middle East office for the Temasek-owned firm, which has $54bn assets under management, will add to offices in Singapore, India, China and Indonesia; Sadiq Hussain will lead its Middle East operations.

The $680m deal includes UCB's brands Keppra, Vimpat, Neupro, Zyrtec, Xyzal, and its Zhuhai manufacturing site, and was made in partnership with Mubadala Investment Co.

The partnership between the global bank, which opened an office in Abu Dhabi's financial centre last year, and the UAE sovereign fund, will have a particular focus on India.

In a rare deal in Malaysia’s subdued secondary market, sovereign wealth fund Mubadala Investment trimmed its stake in RHB through a $149 million block trade.

SGX plans to sign up to the UN's Sustainable Stock Exchange Initiative, FinanceAsia can reveal.

The Government of Singapore Investment Corporation, China Investment Corporation and Abu Dhabi Investment Council make their first foray into Latin America by participating in a $1.8 billion investment in Brazilian financial services firm BTG Pactual.

J.P. Morgan adds a second UAE office in Abu Dhabi.

The Dubai governmentÆs request for a standstill on Dubai World debt could be the beginning of a sovereign default.