Lebanon debt default to result in big losses for banks
Lebanon’s decision to defer payment is likely to result in significant losses for private creditors, credit rating agency Moody’s said…
Sovereign wealth
887 articles found
Gulf sovereign bonds drop as oil dives
International bonds issued by governments in the Gulf dropped on Monday as oil prices plummeted, Refinitiv data showed. Omani…
Sovereign Wealth Fund Appetite for Investing in Start-Ups Wanes
Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the…
World's largest sovereign wealth fund invests over $800M in Turkey
Norway’s wealth fund has invested nearly $803 million in 53 different Turkish companies as of December 2019. The Government…
Middle East sovereigns must follow Egypt's green example
Middle East sovereigns have been taking their sweet time in getting round to doing green financing, despite many of the…
Norway’s sovereign fund raises investments in GCC markets
Norway’s sovereign wealth fund, the largest in the world, increased its investments in the GCC region by 15.2% or $440…
Indonesia urges Saudi Arabia to invest in sovereign wealth fund
Saudi Arabia has been invited by Indonesia to invest in its planned sovereign wealth fund aimed at funding projects that…
Sri Mulyani invites Saudi Arabia to invest in Indonesia’s sovereign wealth fund
Finance Minister Sri Mulyani Indrawati hopes to get Saudi Arabia on board to invest more in Indonesia, particularly through the…
EMEA emerging market sovereign borrowing will likely reach $473bln in 2020: S&P
S&P Global Ratings says it forecasts the gross borrowing of 53 emerging market sovereigns' in Europe, the Middle East, and…
Debt-ridden Lebanon to invite 8 firms to bid to be financial adviser
Lebanon will invite eight firms to bid to be its financial adviser as it studies all options on its sovereign…
Saudi Wealth Fund Aims for More Than 1,000 Employees By Year End
Saudi Arabia’s sovereign wealth fund hopes to employ more than 1,000 people this year as it targets $400 billion of…
Kardashian pal raises eyebrows brokering access to Saudi fund-WSJ
A close friend of the Kardashian clan has become a high-profile player in Saudi Arabia's investment scene, introducing companies to…