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      Sarmad Khan

      Sarmad Khan

      Company & Markets Editor
      Location
      Abu Dhabi
      Sarmad is the Company & Markets Editor of The National, with more than 25 years of experience working in Pakistan and the UAE. Over the years, Sarmad has reported on global and regional economic developments, equity markets, banking, energy, finance, property and technology sectors. He has interviewed key policymakers, central bank governors and global and regional executives including Mubadala's Khaldoon Al Mubarak, Siemens’ Joe Kaeser, Emaar's Mohamed Alabbar, DP World's Sultan bin Sulayem, Franklin Templeton's Mark Mobius and Tadawul’s Khalid Al Hussan among others.

      Articles

      Actis took a 50 per cent stake in Emirates District Cooling at an equity valuation of $653 million in 2022. Photo: Actis
      ExclusiveActis seeks Middle East investment deals amid renewables and hydrogen push

      Investment arm of $97bn General Atlantic evaluating four transactions that could be closed next year, Actis chairman says

      EconomyNovember 17, 2024
      Adia makes direct and indirect investments across asset classes such as equities, fixed income, infrastructure, private equity and property. Photo: Adia
      Abu Dhabi wealth fund Adia boosts private equity investments

      It remains bullish on long-term trends in the midst of economic, energy and technological transition

      EconomyNovember 14, 2024
      SC Ventures is targeting digital asset investment from its office in Abu Dhabi Global Market. Victor Besa / The National
      Standard Chartered expects ventures portfolio to reach $5bn by end of decade

      SC Ventures' net assets have climbed to nearly $1 billion since launch six years ago

      BankingNovember 13, 2024
      Post-listing, Talabat plans to pay a minimum dividend of about $100 million in April 2025 for the fourth quarter of 2024. Photo: Joint Committee for Traffic Safety
      Talabat IPO: Parent of food delivery company to sell 15% stake in Dubai listing

      Germany-based Delivery Hero expects its UAE unit to start trading on the Dubai bourse by mid-December

      MarketsNovember 11, 2024
      Rishi Kapoor, chief investment officer of Investcorp, says despite heightened uncertainty, growth in Gulf economies, as well as investment inflows and outflows have been fairly robust. AFP
      ExclusiveInvestcorp expects to hit last fiscal year's $5.4bn funding level

      Investor appetite is returning across asset classes, though not at peak levels yet, says vice chairman

      EconomyNovember 07, 2024
      Donald Trump's return to the White House is seen as a signal of a softer stance on cryptocurrency regulation. Reuters
      Bitcoin surges to record and dollar climbs as Trump claims victory

      The world's biggest cryptocurrency topped March’s peak to hit $75,060 as stocks rally

      MoneyNovember 06, 2024
      Tourists at Souk Madinat Jumeirah, in Dubai. The non-oil economy in the UAE has maintained a robust growth momentum this year. Jaime Puebla / The National
      UAE and Saudi non-oil sectors expand, fuelled by strong demand and economic momentum

      UAE's non-oil private sector economy also expanded while Egypt’s contracted for second straight month amid mounting cost pressures

      EconomyNovember 05, 2024
      Yasir Al Rumayyan, governor of the Public Investment Fund, speaking at the Future Investment Initiative in Riyadh on Tuesday. Reuters
      PIF to cut international portfolio by third, governor says

      The sovereign wealth fund plans to invest in AI and make the kingdom the global leader in future technology

      EconomyOctober 29, 2024
      The three-day Future Investment Initiatives is an agenda-setting annual summit in Riyadh. AFP
      Saudi Arabia's investment summit to start amid regional turmoil

      Weaker economic backdrop will also shape the discussion at the annual event of policymakers, leading finance and corporate executives and entrepreneurs

      EconomyOctober 28, 2024
      Shoppers at Lulu Hypermarket in Abu Dhabi. Khushnum Bhandari / The National
      UAE retailer Lulu Group to list 25% shares in ADX IPO

      The biggest pan-Gulf hypermarkets operator expects its shares to start trading on the Abu Dhabi bourse on November 14

      MarketsOctober 21, 2024
      Merit group chief executive Julie Barbier-Leblan expects to secure series B funding of $25 million before the end of this year. Photo: Merit
      How Merit is pushing boundaries of corporate engagement and rewards market

      Generation Start-up: Saudi-headquartered company is preparing for a potential IPO as it seeks to expand business

      EconomyOctober 21, 2024
      Ardian senior managing director Francois-Aissa Touazi says the company plans to boost its assets in the Gulf to as much as $40 billion within five years. Photo: Ardian
      ExclusiveArdian considering co-investments in green hydrogen with Masdar and PIF

      French private equity firm expects to close first deal with Abu Dhabi clean energy company next year

      EconomyOctober 17, 2024
      ADNH Catering shares are expected to start trading on the ADX on October 23. Victor Besa / The National
      ADNH Catering raises $235m in Abu Dhabi IPO

      Strong demand sees shares priced at top of range and oversubscribed multiple times

      MarketsOctober 16, 2024
      The UAE has maintained a strong economic momentum since bouncing back from the Covid-19 pandemic slowdown. Khushnum Bhandari / The National
      UAE Cabinet approves record budget for 2025

      Fiscal layout projects revenue and expenditure of $19.5 billion for next year

      EconomyOctober 08, 2024
      President Sheikh Mohamed and Jordan's King Abdullah II oversee the signing of a UAE-Jordan Cepa in Amman. It was signed by Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, and Yarub Al Qudah, Jordan's Minister of Industry, Trade and Supply. Mohamed Al Hammadi / UAE Presidential Court
      UAE-Jordan Cepa to boost bilateral trade to $8bn within a decade

      Agreement is set to support investment in tourism, real estate and renewable energy

      EconomyOctober 07, 2024
      More Articles

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