❗️Singapore's Temasek to open offices in Riyadh, Abu Dhabi in 2027

Singapore state investor Temasek said on Wednesday that it plans to establish offices in Riyadh and Abu Dhabi in the first half of 2027, pending regulatory approvals, as it seeks investment and partnership opportunities across West Asia.

The new locations will bring Temasek's global footprint to 15 offices across 11 countries in 2027. The investment firm reported a net portfolio value of S$518 billion ($405.5 billion) as of 31 March, 2026.

"The Middle East is an important part of Temasek’s global network," Temasek Chief Executive Officer Dilhan Pillay Sandrasegara said in a statement.

"The pace and ambition of economic transformation across the region are remarkable, and its long-term fundamentals remain highly attractive."