Markets and investing
Brookfield and Lunate Launch Gulf Residential Development Firm
Brookfield Asset Management and Abu Dhabi-based Lunate are establishing Alya, a Dubai-based developer focused on premium housing projects across the Gulf.
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Markets and investing
Borsa Istanbul CEO Korkmaz Ergun Arrested in Bribery Probe, Anadolu Reports
Turkish authorities arrested Borsa Istanbul Chief Executive Officer Korkmaz Ergun on bribery charges, according to state-run Anadolu Agency. The arrest is part of a widening investigation into Turkey’s investment fund crisis.
Markets and investing
Brookfield and Qatar Investment Authority to Invest £2.5 Billion in Drax Data Center
Brookfield Asset Management and the Qatar Investment Authority have agreed to fund a data center project with UK power generator Drax Group. Its initial phase could be operational by the first quarter of 2028.
Markets and investing
Iran Says Talks with Saudi Arabia Continue as Yemen Fighting Intensifies
Iranian Foreign Minister Abbas Araqchi says Tehran and Riyadh are still discussing regional security arrangements, while attacks and airstrikes have escalated in Yemen.