TMC Middle east

69 ARTICLES

TMC Middle east
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Big changes at Saudi Arabia’s sovereign wealth fund

From pulling back on international bets to writing down its domestic gigaproject portfolio, PIF’s moves are a reflection of the kingdom’s challenges.

20 Aug 2025

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A (failed) jewel heist in Dubai

An eight-hour chase by Dubai Police to recover a rare diamond, a large Indian private lender enroute to the Emirates and other headlines from the week.

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Alaan investment signals Peak XV’s Middle East fintech ambition

A big Series A funding round in the Gulf, real estate’s luxury updates and other headlines from the week.

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The legal and not-so-legal takeover of the UAE by Chinese cars

Cheaper, high-tech cars from China have flooded the UAE auto market in the past few years—sometimes entering through the back door.

06 Aug 2025

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Al-Futtaim, Cenomi Retail and understanding their landmark deal

The Emirati conglomerate has decided to aid the faltering Saudi firm, in what looks like one of the biggest retail alliances the two economies have seen in a long time.

30 Jul 2025

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Influencers now need a permit to promote anything in the Emirates

The government has launched an advertiser permit for anyone posting ads online; bankruptcy courts are here, and some important numbers from this week.

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India’s Titan comes for the Gulf

The prominent Indian jewellery maker is buying Dubai’s Damas, Mubadala is backing qlub and Saudi Arabia picks the players for a new low-cost airline.

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Saudi Arabia is (further) open for business

From stocks to real estate, the largest GCC petrostate is now inviting the Gulf region to invest.

16 Jul 2025

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It’s not cheap to be rich in Dubai

The emirate is now the seventh costliest city for the wealthy and affluent, experts have been called in to help local family businesses, and other headlines from the week.

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Wizz Air bows out of Abu Dhabi

Six years after entering the Gulf, the airline is pulling back to focus on Europe.

14 Jul 2025