GCC sukuk issuance to moderate in 2021 with shrinking fiscal deficits
Sukuk issuances across GCC and key Islamic finance markets will moderate in 2021 as fiscal deficits decline amid higher oil…
Sovereign wealth
887 articles found
Saudi Wealth Fund Bets on Startups With Hambro Perks Investment
Saudi Arabia’s sovereign wealth fund is backing a Middle East venture-capital fund run by Hambro Perks Ltd., joining the trend…
Kuwait requests ability to withdraw from sovereign wealth fund
Kuwait's cabinet has submitted draft legislation to parliament that would allow the government to withdraw up to 5 billion dinars…
Sovereign reshapes middle east management to deliver a focus on growth in the region
Sovereign Middle East has announced changes to the boards of its Dubai, Bahrain and Saudi Arabia offices that are designed…
Sovereign, pension funds double down on private debt amid pandemic
Sovereign wealth and public pension funds are bolstering their funding of private debt, with close to $9 billion committed since…
Saudi sovereign wealth fund boosts U.S. equities exposure to nearly $12.8bln
Saudi Arabia's sovereign wealth fund has increased its holding of U.S. stocks to nearly $12.8 billion in the fourth quarter…
Saudi PIF invests in NBK Capital Partners' shariah credit fund
Saudi Arabia's sovereign wealth fund has become an anchor investor in a new $300 million shariah credit fund launched by…
Saudi Wealth Fund Joins Qatar, UAE Peers in Private Lending Rush
Saudi Arabia’s $400 billion Public Investment Fund became the latest sovereign investor to enter the growing market for direct lending.…
One of world’s richest nations taps wealth fund as cash dries up
Kuwait’s government has transferred the last of its performing assets to the country’s sovereign wealth fund in exchange for cash…
Turkey wealth fund ready to spend after year of M&A
Turkey’s sovereign wealth fund plans to invest $15bn in industries including energy, petrochemicals and gold mining as part of a…
GCC sovereign issues surge 25% to $66bn in 2020
Sovereign issuances by GCC entities amounted to $66.3 billion during 2020 amid growing budget deficits ensuing from Covid-19 and lower…
Kuwait wealth fund commits to London base despite legal dispute
Kuwait Investment Office, the international arm of one of the world’s largest sovereign wealth funds, is sticking with its base…