ADQ buys 96% of Bank Audi’s Turkish unit
The Abu Dhabi sovereign wealth fund ADQ has signed an agreement to acquire 96 percent of Lebanon-based Bank Audi’s Turkish…
Sovereign wealth
887 articles found
Saudi Arabia's PIF says it is not currently in talks for DAZN stake
Saudi Arabia's Public Investment Fund is not currently in talks to buy a stake in DAZN, the sports-streaming group backed…
Türkiye's wealth fund reportedly exploring stake sale in Turkcell
Türkiye’s sovereign wealth fund is reportedly weighing whether to sell its 26.2% stake in Turkcell, the country’s biggest telecommunications operator,…
H1 2024 dealmakers: Top Middle East wealth funds invested $38.2bln in 58 deals
The first six months of 2024 saw 27 mega-deals, which are deals of more than $1 billion in value invested…
Middle East sovereign wealth funds spent $2.3bln in China in 2023
Middle East sovereign wealth funds (SWF) accelerated the flow of capital into China in 2023, spending about $2.3 billion last…
PIF crowned world’s most valuable wealth fund brand
Saudi Arabia’s Public Investment Fund has been named the world’s most valuable sovereign wealth with a brand value of $1.1…
Bahrain sovereign wealth fund buys out McLaren
In December, McLaren shareholders unanimously approved a full recapitalisation of the business ostensibly to allow for a “simplified” and “streamlined”…
Saudi PIF ranked 2nd among GCC’s sovereign wealth funds with $925bn in assets
Saudi Arabia’s Public Investment Fund has soared in an annual global ranking of sovereign wealth organizations, thanks to a 55…
Saudi Arabia’s PIF updates its asset size to $925.2bn
Saudi Arabia’s sovereign wealth fund has revised its asset size on its website, reaching $925.2 billion, after it climbed to…
Abu Dhabi wealth fund ADIA raises investment in Europe’s Cheyne Capital
Abu Dhabi’s sovereign wealth fund has increased its funding commitment to Cheyne Capital’s real estate private credit strategy in Europe.…
Bahrain’s SWF Invests in Whampoa’s Digital Bank
Bahrain's sovereign wealth fund is investing in Singapore Gulf Bank, a digital banking arm of Whampoa Group. Baharain sovereign…
Saudi Wealth Fund Сan Sell More Bonds After Two Deals
Saudi Arabia’s wealth fund may ramp up borrowing further after raising $7 billion across two bond sales so far this…