Eurazeo opens first Middle East office in Abu Dhabi’s ADGM
The new office will act as a hub for Eurazeo's work with institutional investors, family offices, sovereign institutions and strategic partners across the Gulf. The post Eurazeo opens first Middle East office in Abu Dhabi’s ADGM appeared first on PE Hub .
Eurazeo has opened its first office in the Middle East, located in Abu Dhabi's ADGM. This new office will serve as a hub for the company's work with institutional investors, family offices, sovereign institutions, and strategic partners across the Gulf.
Meanwhile, oil prices have stabilised after gaining about $1 a barrel in the previous session. According to FXStreet, West Texas Intermediate (WTI) oil price was trading around $89.10 per barrel, while The Vibes reported that global crude prices were holding firm above $90 per barrel. The oil market remains cautious due to ongoing US-Iran negotiations and the recovery in Middle East crude exports.
Regional crude shipments have neared pre-war levels, with Saudi Arabia restoring half the capacity of its East-West pipeline and flows through the Strait of Hormuz reaching 13.2 million barrels per day, as reported by The Vibes and FXStreet. Iranian spokesperson Fatemeh Mohajerani confirmed that Tehran received a US proposal regarding the Strait's reopening.
Brief written by urgent.news from PE Hub, Times of India, Free Malaysia Today, FXStreet, The Vibes — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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