KIA seeks to up investments; Capital markets targeted
The London branch of the Kuwait Investment Authority (KIA) has appointed executives from Barclays plc and the Carlyle Group in…
Sovereign wealth
887 articles found
Saudi wealth fund buys stakes in Korea game makers
Saudi Arabia is pouring money into South Korean game makers NCSoft and Nexon, doubling down on its bet in the…
Abu Dhabi wealth fund cuts jobs in effort to save 1b dirham in costs
Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds, has cut dozens of jobs over the…
Saudi Arabia’s sovereign fund backs new digital bank called D360
Saudi Arabia’s sovereign wealth fund is a key investor in a new digital bank being established in the kingdom with…
UAE sovereign wealth funds with combined assets of $1.4 trillion top GCC
Leading UAE sovereign wealth funds together have emerged top in the region with $1.4 trillion in aggregate assets under their…
Masterplan approved for Bahrain’s ‘green city’ Bilaj Al Jazayer
The real estate arm of Bahrain Mumtalakat Holding Company (Mumtalakat), the country’s sovereign wealth fund, has announced that the masterplan…
Saudi wealth fund PIF to invest Dh150m in Dubai fitout consultancy Depa
The Saudi wealth fund PIF is investing Dh150 million in the Dubai fitout specialist Depa in one of its first…
Saudi sovereign fund in talks for extension on $15bln loan: sources
Saudi Arabia's sovereign wealth fund is in talks with banks to exercise an extension option on a $15 billion revolving…
‘Kuwait Sovereign’ one of 4 wealth funds in GCC
The Kuwaiti Sovereign Wealth Fund was one of the four sovereign wealth funds in the Gulf Cooperation Council countries and…
Turkey Wants Telecom Giant’s Shareholder Banks to Finance Buyout
Turkey has approached banks holding a majority stake in the country’s telecom giant to finance a planned buyout of the…
Sovereign Fund of Egypt aims to double $1bn investment portfolio in 2022
The Sovereign Fund of Egypt aims to double its $1 billion investment portfolio this year with a focus on entering…
Turkey May Spend $3.8 Billion to Boost State Banks’ Capital
Turkey plans to inject 51.5 billion liras ($3.8 billion) into state banks to ensure they keep lending to businesses after…