May 10, 2023 The Abu Dhabi economy is the fastest growing in the Middle East and North Africa, with a remarkable 9.3% growth last year. Non-oil sectors contributed 50% of GDP last year, with real estate, healthcare, and real estate…
May 05, 2023 The Italian government is looking to increase investment in the country from the Public Investment Fund, the sovereign wealth fund of Saudi Arabia. A delegation of Saudi entrepreneurs and investors, led by the President of the Saudi-…
April 20, 2023 From $150 billion of assets in 2015, Public Investment Fund (PIF) now manage around $650 billion of assets, the fund governor said. Yasir Al-Rumayyan said the fund wants to increase the value of its assets to $1…
April 13, 2023 The UK’s investment minister has highlighted the recent decision to scrap plans to impose a tax on Gulf sovereign wealth funds (SWFs) investing in the country as evidence of the importance the British government places on the…
April 02, 2023 Dubai’s DP World has invested more than $10 billion (Dhs37.3 billion) in the global logistics sector since 2012, making it one of the top five overseas investors in this period, according to the latest foreign direct investment…
March 23, 2023 Abu Dhabi’s Mubadala Investment Company (Mubadala) and Ares Management Corporation plan to deploy approximately $1 billion in global credit secondaries opportunities through a joint venture. The venture represents a key milestone for both organizations and will enhance…
March 09, 2023 As oil prices made a roaring comeback in the last two years, the Gulf’s public wealth funds went on a spending spree. The top five regional funds in terms of spending in the last year — Abu…
March 06, 2023 UAE-based Masdar’s global portfolio of invested or committed-to-invest clean energy projects stood at more than $30 billion as of the first quarter of 2023, according to the renewable energy company’s Green Finance Framework (GFF) statement. Combined, these…
February 22, 2023 Private credit and infrastructure investments across emerging and developing markets surged to record levels in 2022 as borrowers looked for alternative financing options amid rising interest rates, according to a report published on Wednesday. The Global Private…
February 21, 2023 Ambitious plans for a rail network connecting the UAE to Oman have taken a major step forward with a cooperation deal with Abu Dhabi's Mubadala Investment Company. Oman and Etihad Rail Company, a joint venture between Oman Rail and…