Qatar sovereign wealth fund suffers $12bn paper loss
Qatar’s sovereign wealth fund has had a quarter to forget — suffering as much as $12bn of losses on Volkswagen,…
Sovereign wealth
887 articles found
Market upheaval forcing many sovereign-wealth funds to adapt
As representatives of dozens of the world’s sovereign-wealth funds gather at Milan’s posh Hotel Principe di Savoia this week for…
Volkswagen scandal costs Qatar's sovereign wealth fund £3.3bn
The collapse in Volkswagen’s share price as a result of the widening emissions scandal has cost Qatar’s sovereign wealth fund…
Saudi Arabia withdraws overseas funds
Saudi Arabia has withdrawn tens of billions of dollars from global asset managers as the oil-rich kingdom seeks to cut…
Mideast sovereign wealth funds ready for challenges
The plunge in oil prices is expected to reduce funding and increase withdrawal risk, but Middle East sovereigns, which control…
Qatar Wealth Fund May Have Lost Billions on VW, Glencore Stakes
Qatar’s sovereign-wealth fund may have lost $4.6 billion in just two days from its stakes in Volkswagen AG and Glencore…
Al Jazeira Services to sell 37% stake in tiles maker to Omani wealth fund
Al Jazeira Services is selling its 37 per cent stake in Muscat-based Al Anwar Ceramic Tiles for 41 million Omani…
Dubai sovereign wealth fund seeks $500m loan to expand Atlantis hote
Investment Corp of Dubai the emirate’s sovereign wealth fund, is reportedly raising a $500 million loan to finance the expansion…
Delegation flies to Middle East to gauge interest in Woori Bank
A group of high-profile financial officials from Korea flied to the Middle East on Sunday to check foreign demand for…
Kuwait eyes consortium bid for London City Airport
One of the world's biggest sovereign wealth funds is part of a consortium that is plotting a bid for London…
India’s Modi to Visit UAE in Bid for Investments
Indian prime minister Narendra Modi is looking to secure deals with Abu Dhabi's sovereign wealth fund Narendra Modi heads to…
PM Modi in UAE: Abu Dhabi has deep pockets, but will it loosen purse strings for India?
Prime Minister Narendra Modi has begun a stand-alone bilateral visit to the United Arab Emirates (UAE), a near-abroad country so…