New Delhi, Sept. 30 -- Temasek announced plans to expand its presence in the Middle East as the Singapore-based investment company moves to deepen engagement across the region to pursue long-term opportunities for itself and its portfolio companies.

According to a Temasek press release, the state-backed investor plans to establish offices in Riyadh, Saudi Arabia, and Abu Dhabi, United Arab Emirates. It also intends to engage directly with institutions in Qatar and other regional markets to develop investment and partnership opportunities.

The Middle East hosts several major sovereign wealth funds, including Saudi Arabia's Public Investment Fund, the Qatar Investment Authority, the Mubadala Investment Company, the Abu Dhabi Investment Au...