Alstom

China, France
EDF's Arabelle Solutions distances itself from China

General Electric's former nuclear division, acquired by EDF in May 2024 and renamed Arabelle Solutions, is distancing itself from China.

The Corporate Intelligence Gazette
No pay from Al-Ula, Ankura's asset tracing reboot, Litigation Capital Management verdict

Appointments, financial results, new contracts: every Wednesday, we report on events big and small that matter in the global corporate intelligence community.

RiyadhThe Royal Commission for Al-Ula doesn't pay

Sydney/DubaiDispute funder Litigation Capital Management to discover its fate in Dubai money laundering trail

LondonAnkura restarts asset tracing practice

UAE
Mersad, a new player in Abu Dhabi's defence networks

A mysterious new defence company based in Abu Dhabi is relying on a vast network of consultants from Beirut to Paris, including a former intelligence specialist from the French defence ministry.

France, Saudi Arabia
Paris appoints new ambassador to revive stalled relations

Patrick Maisonnave is to take up his post in Riyadh in September, with bilateral relations struggling and Paris increasingly interested in being part of the new Saudi-Israeli connection that has emerged from the war with Hamas.

France, Saudi Arabia
France hopes its backing for Saudi Expo 2030 bid brings in big deals

After having supported Saudi Arabia's winning bid to host the next World Expo in 2030, France hopes French businesses will gain from the event. It would especially like to see the site construction be a French affair.

Spotlight | Saudi Arabia, United Kingdom
After pledging £1bn for UK green energy, Saudi conglomerate Alfanar opens new London subsidiary

The Almutlaq family conglomerate Alfanar, a key player in Saudi Arabia's energy and defence sectors, continues to build connections in London to protect its £1bn investment in the UK.