Temasek to expand operations in the Middle East, plans to open offices in Saudi Arabia & UAE
Singapore's state investment fund sees "long-term opportunities" in the region.
Temasek, Singapore's state investment fund, is set to expand its operations in the Middle East by establishing offices in Riyadh, Saudi Arabia and Abu Dhabi, United Arab Emirates. This strategic move comes as part of its commitment to deepen engagement in the region, where it identifies significant long-term opportunities. Apart from the two Gulf countries, Temasek also plans to collaborate with institutions in Qatar and other markets across the Middle East.
The expansion aligns with Temasek's long-term vision and confidence in the region, and is expected to enhance its access to opportunities not only in Central Asia and Africa but also in broader parts of the Middle East. CEO Dilhan Pillay Sandarasegara welcomed the move, describing it as a natural progression, given the strong alignment between the region's priorities and Temasek's own areas of focus.
She highlighted the remarkable pace and ambition of economic transformation across the region, underscoring its highly attractive long-term fundamentals.
Written by urgent.news from Mothership's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
