Sovereign Wealth Funds

Saudi wealth fund plans first multibillion dollar loan

2018-07-12T11:01:00.001-07:00

Saudi wealth fund plans first multibillion dollar loan: Lenders that participate in the deal will form the core banking group for the PIF

SoftBank Vision fund manager is said to hire Rahman for Mideast operations

2018-06-07T11:00:00.001-07:00

SoftBank Vision fund manager is said to hire Rahman for Mideast operations: Former Deutsche Bank executive Faisal Rahman will help manage relations with the Vision Fund s two key backers Saudi Arabia s PIF and Mubadala

Egypt eyes sovereign fund by year end to shake up state assets

2018-06-07T10:15:00.001-07:00

Egypt eyes sovereign fund by year end to shake up state assets: New investment arm will seek to generate additional wealth from under-utilised state assets rather than investing surplus oil and gas revenues

Mubadala to compete for global deals with $250b portfolio

2018-05-10T14:53:00.001-07:00

Mubadala to compete for global deals with $250b portfolio: The fund s objective says Mubadala chief is to generate an attractive rate of return

Mubadala, Greece’s Taneo to create €400m co-investment platform

2018-03-28T14:35:00.001-07:00

Mubadala, Greece’s Taneo to create €400m co-investment platform: The two entities to target investment opportunities in Greece

Saudi fund venture to buy stake in Accor properties

2018-02-28T15:56:00.001-08:00

Saudi fund venture to buy stake in Accor properties: Accor Europe s biggest hotel operator is divesting assets in mature markets as it seeks to expand in emerging economies

Saudi sovereign fund chief says outlook for Uber is positive

2017-12-21T09:57:00.001-08:00

Saudi sovereign fund chief says outlook for Uber is positive: EU s top court ruled on Wednesday that Uber should be classified as a transport service and regulated like other taxi operators

Saudi wealth fund said to take over financial hub

2017-11-23T13:44:00.001-08:00

Saudi wealth fund said to take over financial hub: The Public Investment Fund is taking control of the King Abdullah Financial District from the Public Pension Agency

Mubadala signs deal with French firms to invest up to €1b

2017-11-09T10:30:00.001-08:00

Mubadala signs deal with French firms to invest up to €1b: The investment to support the development of French enterprises as well as start-ups

Saudi Arabia to invest $1 billion in Virgin Galactic

2017-10-27T09:29:00.001-07:00

Saudi Arabia to invest $1 billion in Virgin Galactic: Public Investment Fund of Saudi Arabia and Virgin Group said the money comes as part of a new partnership

Saudi wealth fund widens economic role with mortgage company

2017-10-19T16:46:00.001-07:00

Saudi wealth fund widens economic role with mortgage company: Saudi Real Estate Refinance aims to refinance 75b riyals in mortgages in five years and more than double that by 2026

Mubadala Investment Company swings to profit in H1 2017

2017-09-28T10:38:00.001-07:00

Mubadala Investment Company swings to profit in H1 2017: The company posted a profit of Dh4 2 billion in the first half of 2017 compared to a loss of Dh4 7 billion during the same period last year

Abu Dhabi to sell Italian exec-jet business to China buyers — source

2017-09-26T09:18:00.001-07:00

Abu Dhabi to sell Italian exec-jet business to China buyers — source: The deal comes at a sensitive time for Chinese investments in the European Union

China deepens oil ties with Russia in $9b Rosneft deal

2017-09-09T10:11:00.001-07:00

China deepens oil ties with Russia in $9b Rosneft deal: The deal sees Glencore Plc and Qatar s sovereign wealth fund selling most of their holding in Russia s biggest crude producer

Qatari sovereign wealth fund reduces stake in Credit Suisse

2017-08-16T12:58:00.001-07:00

Qatari sovereign wealth fund reduces stake in Credit Suisse: The QIA previously held 5 01 per cent in voting rights and is reporting a sale of shares for the first time since 2008

How Singapore fund made $22.9b in 12 months

2017-07-11T18:41:00.001-07:00

How Singapore fund made $22.9b in 12 months: The rise in Temasek s profit come as investors worldwide are grappling with inflated valuations and sluggish growth

Western Europe’s biggest oil producer now less addicted to crude

2017-07-08T15:43:00.001-07:00

Western Europe’s biggest oil producer now less addicted to crude: Black gold rush that helped transform Norway into the Nordic land of milk and honey is effectively over

From humble beginnings Adia affirms commitment to its mission

2017-07-05T16:47:00.001-07:00

From humble beginnings Adia affirms commitment to its mission: The sovereign wealth fund manages a portfolio of more than two dozen asset classes and sub-categories

From humble beginnings Adia affirms commitment to its mission

2017-07-04T17:13:00.001-07:00

From humble beginnings Adia affirms commitment to its mission: The sovereign wealth fund manages a portfolio of more than two dozen asset classes and sub-categories

Qatar stake in Credit Suisse rises above 5%

2017-06-01T19:06:00.001-07:00

Qatar stake in Credit Suisse rises above 5%: QIA is the fourth-largest holder of Credit Suisse shares according to disclosures by the bank

Mubadala plans to invest up to $15b in SoftBank fund

2017-05-14T15:15:00.001-07:00

Mubadala plans to invest up to $15b in SoftBank fund: Saudi Arabia s PIF is said to be committing as much as 45b to partner with SoftBank to set up its fund

Qatar said to seek approval to boost stake in Deutsche Bank

2017-05-10T16:09:00.001-07:00

Qatar said to seek approval to boost stake in Deutsche Bank: The Chinese conglomerate HNA Group recently became the lender s largest shareholder when it raised its stake to just below 10

Mubadala Investment Company begins operations with new logo

2017-05-01T17:29:00.001-07:00

Mubadala Investment Company begins operations with new logo: New company among world s largest state-owned investment funds with total assets of 125 billion

Mubadala plans overseas investments, may also divest stakes

2017-03-30T18:01:00.001-07:00

Mubadala plans overseas investments, may also divest stakes: CEO says company will not see any change in its strategy after the merger with Ipic which will be completed in May

Mubadala nearly triples net profit in 2016

2017-03-30T17:54:00.001-07:00

Mubadala nearly triples net profit in 2016: The company reports Dh3 3 billion n 899 million net profits for 2016