Singapore's Temasek to expand Middle East presence, open Abu Dhabi, Riyadh offices
Singapore’s sovereign wealth fund Tematek announced plans to establish new offices in Riyadh and Abu Dhabi, targeting completion by the first half of 2027, marking its most substantial expansion into the Middle East to date.
The move signals Tematek’s strategic push to deepen its presence in the Gulf region, aiming to tap into emerging investment opportunities and strengthen relationships with local partners.
By setting up physical bases in Saudi Arabia and the United Arab Emirates, Tematek expects to enhance its ability to source deals, support portfolio companies, and contribute to the broader economic diversification goals of both host nations.
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