{
  "id": 10905209,
  "title": "Singapore's Temasek to enter Middle East with offices in UAE and Saudi Arabia",
  "url": "https://urgent.news/2026/09/30/singapores-temasek-to-enter-middle-east-with-offices-in-uae-and-saudi",
  "topic": "world",
  "section": "World",
  "published": "2026-09-30T09:17:40.000Z",
  "source": {
    "name": "The National UAE",
    "slug": "the-national-uae",
    "url": "https://www.thenationalnews.com/business/economy/2026/09/30/singapores-temasek-to-enter-middle-east-with-offices-in-uae-and-saudi-arabia/"
  },
  "original_language": "en",
  "account": "Singapore's Temasek Holdings plans to expand its presence in the Middle East by opening offices in the UAE and Saudi Arabia. The state-owned investment firm, with a net portfolio of approximately $400 billion, aims to establish strategic hubs in Abu Dhabi and Riyadh. These offices are projected to launch in 2027, subject to local authorities' approval. This move will expand Temasek's global network to 15 offices across 11 countries, including China, India, the UK, and the US. Temasek also intends to actively engage with companies in Qatar and other Middle Eastern markets to explore partnership and investment opportunities.\n\nTemasek's CEO, Dilhan Sandrasegara, emphasized the significance of the Middle East in the company's global network. Despite the initial waves of missile and drone attacks from Tehran following the Iran war on February 28, the region's economy has shown remarkable resilience and long-term potential. The UAE, in particular, remains an attractive destination for international financial firms, offering opportunities to expand regional operations and collaborate with major sovereign wealth funds, large family offices, and institutional partners. The capital city, Abu Dhabi, continues to attract ultra-wealthy individuals, who remain undeterred by the war disruption.\n\nOn the same day Temasek announced its plans, Pantheon, a global private markets firm based in London, opened its first office in Abu Dhabi. This expansion aims to capitalize on the growing demand for investment opportunities across the Gulf region. The UAE economy grew by 3% in the first quarter of 2026, despite the impact of the regional war, according to government data released in August. Temasek's CEO, Chia Hwee, highlighted that having a physical presence in the Middle East will strengthen engagement with partners, enhance access to investment opportunities, and extend Temasek's influence to Central Asia and Africa.",
  "summary": "Singapore's Temasek Holdings plans to enter the Middle East by setting up offices in the UAE and Saudi Arabia , as it seeks to tap into the region's investment scene that has largely defied the negative effects of the Iran war. The state-owned investment firm, which has a net portfolio of about $400 billion, plans to open offices in Abu Dhabi and Riyadh, which will serve as \"strategic hubs\" for…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "JPMorgan and Goldman see Middle East oil flows near pre-war levels",
        "url": "https://urgent.news/2026/09/30/jpmorgan-and-goldman-see-middle-east-oil-flows-near-pre-war-levels",
        "published": "2026-09-30T04:48:04.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "Oil prices climb as Middle East tensions escalate",
        "url": "https://urgent.news/2026/09/30/oil-prices-climb-as-middle-east-tensions-escalate",
        "published": "2026-09-30T05:10:28.000Z"
      },
      {
        "outlet": "Arabian Post",
        "title": "Oil steadies as Middle East supply rebounds",
        "url": "https://urgent.news/2026/09/30/oil-steadies-as-middle-east-supply-rebounds",
        "published": "2026-09-30T05:26:19.000Z"
      },
      {
        "outlet": "The Peninsula Qatar",
        "title": "Middle East Council on Global Affairs, French Institute in Qatar sign MoU to expand cooperation in research",
        "url": "https://urgent.news/2026/09/30/middle-east-council-on-global-affairs-french-institute-in-qatar-sign",
        "published": "2026-09-30T07:19:26.000Z"
      },
      {
        "outlet": "The National Business",
        "title": "Singapore's Temasek to enter Middle East with offices in UAE and Saudi Arabia",
        "url": "https://urgent.news/2026/09/30/singapores-temasek-to-enter-middle-east-with-offices-in-uae-and-saudi-10907185",
        "published": "2026-09-30T09:17:40.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}