UAE breaks records with Dh3.5 trillion in foreign trade amid global downturn
The UAE has achieved a historic milestone with the non-oil foreign trade of goods and services soaring to an unprecedented…
Sovereign wealth
887 articles found
UAE wealth fund plans $4-5 billion in investments via India's new finance hub: Sources
Abu Dhabi Investment Authority, the largest sovereign wealth fund in the United Arab Emirates (UAE), is setting up a $4-5…
Sovereign wealth funds lead Middle East M&As – Bain & Co
Government-backed funds accounted for more than 80% of deals last year Government-backed funds dominated the dealmaking circles in the…
Saudi PIF completes pricing of $5bn international bond
Saudi sovereign wealth fund PIF (Public Investment Fund) said it has successfully completed the pricing of a $5 billion Reg…
Saudi Arabia secures $1.4bn in 2023, leads MENA VC fundraising
Investment in Saudi startups surged by 33 per cent year-on-year (YoY) to $1.4bn in 2023, according to Dubai-based data platform…
Saudi Arabia’s sovereign wealth fund overtakes Singapore’s GIC to top spending table
Saudi Arabia’s Public Investment Fund was the top spender among global sovereign wealth funds last year, accounting for about a…
Saudi Arabia’s PIF tops 2023 global sovereign fund ranking with $31.6bn investments
Saudi Arabia’s Public Investment Fund has topped a ranking of state-owned financing vehicles after deploying $31.6 billion across 49 deals…
GCC region M&A blazes trail as global deals decline
The GCC’s economies remain somewhat insulated from soaring inflation and high interest rates and have shown signs of resilience amid…
Dubai creates new sovereign wealth fund
Dubai is establishing a new sovereign wealth fund, its government announced on December 11. The Dubai Investment Fund will…
Mumtalakat adds top Bahraini talent to its leadership team
Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, announced today the appointment of Mr.…
Sovereign wealth fund ADIA optimistic on equities, private credit after turbulent 2022
Sovereign wealth fund Abu Dhabi Investment Authority said it was optimistic on public equities for 2023 after last year's market…
QSE gains 35 points on buying support from industrials, consumer goods, realty and banking sectors
The Qatar Stock Exchange was back in black Tuesday with its key index gaining as much as 35 points as…