Temasek to establish offices in Saudi Arabia and UAE

Temasek Holdings is strengthening its investment operations in the Middle East through the establishment of offices in Saudi Arabia's capital Riyadh and Abu Dhabi, the capital of the United Arab Emirates. The expansion reflects the sovereign wealth fund's strategic focus on key growth markets in the region.

Once operational, the new offices will extend Temasek's international network to 15 locations spanning 11 countries by 2027. This geographic diversification underscores the investment firm's commitment to deepening its presence across Asia, the Middle East, and other key markets.

The Middle East has emerged as an increasingly important investment destination, with substantial capital flows and development opportunities across sectors including energy transition, technology, and financial services. Temasek's expansion into Riyadh and Abu Dhabi positions the firm to better engage with regional investors and capitalize on emerging opportunities.

Temasek, which manages more than US$1 trillion in total portfolio value, maintains offices across major financial and economic hubs globally. The organization has consistently pursued a strategy of geographic expansion to enhance its investment capabilities and market access.