skip to Main Content
Greenstone Investors in the News

Middle East UHNW wealth grows to $1.55 trillion in 2019

October 16, 2020 Albawaba has published an article referencing a recent Wealth-X World Ultra Wealth Report, highlighting that the number of Middle Eastern HNW investors grew 0.7% to 9,780 in 2019, with the total wealth of this population increasing by 1.9% to $1.55 trillion.  The article went on to state that the decline in wealth seen in early 2020 due…

PIF is opening London and New York offices to be closer to global opportunities

September 27, 2020 Arab News has published an article describing the Public Investment Fund of Saudi Arabia (PIF)’s ambition in becoming a global leader in institutional investing. According to the article, PIF is opening its first international offices in New York and London to facilitate its international investment opportunities. Read the original article on Arab News: PIF is going global,…

Kuwait Investment Office is in talks to take an opportunistic stake at Rolls-Royce

September 25, 2020 According to an article published by Sky News, Kuwait Investment Office (KIO) is in negotiations to acquire £250 million worth of shares at Rolls-Royce. The article reports that the Covid-19 pandemic has put Rolls-Royce’s balance sheet under stress, and KIO is in talks to make an opportunistic investment into one of Britain’s most important industrial groups. Read…

ADIA discloses $615 million investment in US exporter of liquefied natural gas

September 16, 2020 Per a filing with the U.S. Securities and Exchange Commission, and according to an article published by World Oil, UAE-based sovereign wealth fund Abu Dhabi Investment Authority (ADIA) acquired 5.05% of Cheniere Energy, becoming its fourth largest shareholder. Cheniere is the largest exporter of liquefied natural gas in the US and is a Fortune 500 Company. According…

UAE’s ADIA tops global sovereign wealth fund rankings

September 10, 2020 Zawya has reported that Abu Dhabi-based Abu Dhabi Investment Authority (ADIA) has been ranked third among 89 global sovereign wealth funds in September with $579.6 billion assets. Kuwait Investment Authority (KIA) closely follows ADIA in the rankings with $533.7 billion assets. Read the original article on Zawya: UAE's ADIA ranks third among top sovereign wealth funds

Back To Top