Abu Dhabi, Kazakhstan Launch $800 Million Fund for Central Asia
by Abu Dhabi’s Gulf Capital and Kazakhstan’s QIC have joined forces to establish an $800 million fund aimed at boosting investments across Central Asia. The newly …
Tag: fund
OPEC Fund Approves US$1.2 Billion in New Development Financing
The OPEC Fund for International Development has approved nearly US$1.2 billion in new funding aimed at advancing development initiatives across several sectors in partner countries. …
Abu Dhabi Sovereign Wealth Fund Sells Half of Policy Expert to Cinven
The Abu Dhabi Investment Authority (ADIA), one of the largest sovereign wealth funds globally, has divested 50% of its stake in Policy Expert, a UK-based …
An American Sovereign Wealth Fund? Easier Said Than Done.
Creating a U.S. investment fund to compete against those in China and the Middle East could create more problems than it would solve.
The Spectator Magazine Sold to Paul Marshall, a U.K. Hedge Fund Tycoon
Paul Marshall, a multimillionaire founder and investor in upstart conservative media outlets, has bought the right-wing magazine in a deal worth more $131 million.
Oman Sovereign Fund Consolidates Nitaj and FDO for Food Security
Oman’s sovereign wealth fund, the State General Reserve Fund (SGRF), has merged its subsidiaries Nitaj and the Food Development Oman (FDO) to enhance the nation’s …
Arab Energy Fund Sees 37% Surge in H1 2024 Net Income
The Arab Energy Fund (TAEF), previously known as APICORP, has reported a significant 37% increase in net income for the first half of 2024, reaching …
Saudi Wealth Fund Ventures into Bond Market with Fourth Offering in 2024
Arabian Post Staff -Dubai Saudi Arabia’s Public Investment Fund (PIF) has returned to the bond market for the fourth time this year, showcasing its continued …
Saudi Fund Secures $25 Million Renewable Energy Investment
The Saudi Fund for Development (SFD) has finalized a $25 million agreement to support a new renewable energy initiative aimed at enhancing sustainable energy infrastructure. …
North Korea Uses Stolen Cryptocurrency to Fund Nearly Half of Its Weapons Programs
North Korea has increasingly turned to cybercrime to fund its weapons programs, with the U.S. State Department revealing that approximately 40% of these programs are …