Erdogan Names Himself Turkey Wealth Fund Chairman in Shakeup
President Recep Tayyip Erdogan appointed himself chairman of Turkey’s sovereign wealth fund and got rid of the entire management staff…
Sovereign wealth
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Erdogan appoints himself head of Turkey's wealth fund
President Recep Tayyip Erdogan on Wednesday (Sept 12) appointed himself the chairman of Turkey's sovereign wealth fund and named his…
Kuwait Seeking Foreign Investment to Diversify Economy
Kuwait is more typically known as a source of investment rather than a destination, due to the size of its…
Saudi Wealth Fund to Sign $11 Billion Loan
Saudi Arabia’s sovereign wealth fund will sign an $11 billion loan this week, marking its first-ever borrowing, according to people…
Saudi Aramco’s investment chief goes to UK pension fund
A former investment consultant who spent eight years working in Saudi Arabia as the head of in-house fund management at…
Qatar sovereign assets totalling more than 100% of GDP to remain 'solid' until 2021: S&P
Qatar’s sovereign assets totalling more than 100% of GDP are expected to remain “solid” until 2021, premier rating agency S&P…
KKR's ex-director Kabir Mathur joins ADIA to head India investments
Abu Dhabi Investment Authority (ADIA), the world’s second largest sovereign wealth fund, has hired private equity veteran Kabir Mathur to…
Sovereign wealth funds search for new investments
Elon Musk’s “take Tesla private” tweet after securing a deal with Saudi Arabia’s Public Investment Fund caused a stir. It…
Saudi Arabia’s PIF Mulls Investment in Lucid Motors
It’s an electric-car maker. It’s in the news. No, it’s not Tesla Inc. Lucid Motors, a startup co-founded 11…
Abu Dhabi's Mubadala sells 3% stake in RHB Bank
Abu Dhabi sovereign wealth fund Mubadala Investment Co has sold off an estimated 3% of its stake in RHB Bank…
Arabian Gulf 2018 sovereign bond sales may reach $53bn topping 2017 issuances
Arabian Gulf state bond issuances in 2018 are likely to surpass the $49.5 billion (Dh181.67bn) raised through the sovereign deals…
Qatar Investment Authority becomes largest investor in Credit Suisse
Qatar Investment Authority, the sovereign wealth fund of Qatar, has become the largest investor in Credit Suisse by increasing its…