January 2, 2024 Three sovereign wealth funds (SWFs) from the UAE invested a combined $36.5 billion in 2023, Global SWF, which tracks the world’s sovereign investment funds, said in its 2024 annual report. Abu Dhabi’s Mubadala was ranked third in…
December 13, 2023 Aldar Properties (‘Aldar’), Mubadala Investment Company (‘Mubadala’) and Ares Management (‘Ares’) today announced that they have entered into a new partnership to jointly invest U.S. $1 billion in private real estate credit opportunities in the United Kingdom…
December 04, 2023 Saudi Arabia’s sovereign wealth fund has agreed to buy a 49% stake in Rocco Forte Hotels in a deal that is believed to value the luxury group’s properties at about £1.2 billion ($1.52 billion). The Public Investment Fund is…
December 01, 2023 The UAE is investing in a massive renewable energy project, including a giant offshore wind farm, in the UK. Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, is part of an £11 billion ($13.9…
November 30, 2023 The Abu Dhabi Investment Office (ADIO) today announced a collaboration with Hong Kong-based ARTE Capital, one of Asia’s leading asset managers, to set up its regional headquarters in Abu Dhabi and launch a $1 billion fund for…
November 22, 2023 Abu Dhabi’s clean energy company Masdar is teaming up with Emirates Steel Arkan to develop a green hydrogen project to decarbonise the hard-to-abate steel sector in the UAE. The pilot project, which is being hailed as the first of its…
November 10, 2023 Abu Dhabi Investment Authority (ADIA), one of the world's biggest sovereign wealth funds, is exploring opportunities to invest in energy transition as the global landscape shifts to investments in greener and more sustainable projects and technology. The…
November 09, 2023 Saudi Arabia’s sovereign wealth fund, PIF, has raised its stake in luxury carmaker Aston Martin to 20.5% from 17.9%, a bourse filing at the London Stock Exchange showed. With a 2.6% increase in its holdings, the Public…
November 08, 2023 Abu Dhabi state-owned renewable energy firm Masdar, along with two other companies, has won a bid to develop and operate a $1 billion solar plant in Saudi Arabia. The consortium of the UAE firm, France’s EDF Renewables…
October 25, 2023 Canary Wharf Group, the developer of London’s dockland financial district, has received a fresh equity injection from its shareholders, as the area contends with high-profile departures and a shift to working from home. Brookfield and the Qatar Investment…