October 23, 2023 Abu Dhabi’s wholly owned strategic investment company ADQ's portfolio has jumped to $200 billion, backed by the performance of the emirate's main utility, Abu Dhabi National Energy Co., also known as Taqa, Global SWF said. Last year,…
October 6, 2023 Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion. The investment follows KKR and Qatar Investment Authority together investing $1.7 billion in the Indian firm,…
Aug 9, 2023 Sovereign Wealth Funds (SWF) in the UAE accounted for 62% of the total $74 billion capital deployed in 2022 by the GCC state-owned funds that are managing close to $4 trillion worth of assets, according to S&P…
August 2, 2023 Mubadala Investment Company, the Abu Dhabi sovereign investor, announced it has invested in Aligned Data Centres (Aligned), a leading Pan-Americas data centre company headquartered in the U.S. With this investment, Mubadala will become a minority partner alongside…
July 14, 2023 The UAE’s real GDP growth accelerated during 2022 due to a robust recovery in non-oil GDP and a sizable expansion of oil GDP, according to the Financial Stability Report for 2022 released by the Central Bank of the…
July 06, 2023 ADQ, the Abu Dhabi-based investment and holding company, has become an investor alongside Bank of Montreal (BMO) in Canadian alternative asset management company Sagard. ADQ and BMO have respectively entered into definitive agreements with Sagard, which has $14.5 billion of assets…
July 02, 2023 Saudi Arabia’s Public Investment Fund ranked first in the Middle East region and seventh worldwide among 100 global state-owned funds for scoring high in governance, sustainability and resilience practices, according to the evaluation of the Global Sovereign…
June 13, 2023 Saudi Arabia has spent almost $8 billion acquiring and building stakes in gaming companies across the globe in the past 18 months as part of a turbocharged investment spree with the aim of becoming a dominant force…
June 12, 2023 China, the world’s second-largest economy, is set to receive $1 trillion to $2 trillion in investments from top sovereign funds in the Middle East by 2030 as they look to pivot to Asia amid a rapid rise…
June 01, 2023 As Latin American countries have been moving to enhance their energy infrastructure and meet the needs brought by economic development, investors worldwide have been demonstrating their desire to explore the region’s new opportunities. Gulf nations, especially Saudi…