January 18, 2022 Abu Dhabi’s Mubadala Investment Company anticipates strong financial results in 2021 as it pursues a strategy of investment in “sectors with tailwind” from technology to renewable energy, a senior executive said. The fund, which is yet to reveal its 2021 results, expects this year to mark the end of the Covid-19 pandemic and may add other sectors…

January 6, 2022 According to an announcement made by The International Institute for Global Sovereign Funds, Kuwait’s sovereign wealth fund has retained the third place among the largest sovereign funds. The Norwegian sovereign fund continues to be in the leading position, followed by the Chinese Investment Authority in the second place, reports Al-Anba daily. In a new update of the…

January 5, 2022 The UAE sovereign wealth funds (SWFs) assets have exponentially grown in 2021, jumping by over 18 per cent or $250 billion (Dh917.5 billion), on the back of the gains in equity markets as well as recovery in oil prices after a tough previous year due to the outbreak of the Covid-19 pandemic. According to Global SWF's 2022…

January 4, 2022 UAE companies are keen to invest in technical industries, semiconductor businesses and information technology projects in the world’s largest economy, according to a senior official from the Ministry of Economy. Ahmad Al Falasi, Minister of State for Entrepreneurship and SMEs made the remarks during the UAE-US Innovation and Investment conference that was held recently, the Ministry of…

January 4, 2022 Mubadala Investment Company has bagged the global sovereign wealth fund industry’s top honor, becoming the “2021 Fund of the Year”, a recognition of its investment acumen and the part it has played in helping the industry to grow last year despite headwinds. The award, from industry tracker Global SWF, is also an acknowledgement of the Abu Dhabi…