#sovereign wealth fund

PIF secures $15bn loan from global syndicate Image for illustrative purposes GettyImages-910730068

Saudi’s PIF secures $15bn loan from global syndicate

The facility agreement was signed with a diverse global syndicate of 23 international financial institutions

PIF

Saudi’s PIF appoints Fahad Al Saif as new head of investment strategy

The PIF has a sprawling portfolio of investments ranging from date farms to multinational conglomerates

Qatar’s QIA to buy 10% stake in China asset manager

Qatar sovereign fund agrees to buy 10% stake in China asset manager

The potential deal would make the fund the third-biggest shareholder in ChinaAMC, which manages more than $248m (RMB1.8tn) in assets

Abu Dhabi fund Mubadala’s assets surge to $302bn

Abu Dhabi fund Mubadala’s asset under management rise to $302bn

The wealth fund reported proceeds of Dhs99bn in 2023, which includes divestments of certain legacy assets and capital recycling

PIF

PIF world’s fifth largest sovereign wealth fund post Aramco stake transfer

The PIF currently ranks number five globally in terms of sovereign wealth funds by asset size

Cheyne Capital secures investment from Abu Dhabi’s ADIA

Abu Dhabi’s ADIA invests in private credit fund Cheyne Capital

The investment is for the ninth round of the Cheyne Real Estate Credit Holdings programme bringing ADIA’s total commitment to $831.3m

Abu Dhabi’s Mubadala to invest in space tech, AI this year

Mubadala plans to invest in space tech, AI this year

Khaldoon Mubarak told an investor conference that sovereign funds had an opportunity to transform from asset investors to enablers of global progress

Dubai wealth fund unveils new logo in rebranding push

Dubai wealth fund unveils new logo in rebranding push

The fund is chaired by Sheikh Hamdan bin Mohammed Al Maktoum, Crown Prince and Chairman of The Executive Council of Dubai

Egypt raises $800m from hotels in divestment drive

Egypt raises $800m from hotels in divestment drive

The hotels, among Egypt’s grandest, include the Cataract in Aswan, the Winter Palace in Luxor, the Mena House in Cairo and the Cecil in Alexandria

Dubai sets up fund to oversee government investments

Dubai sets up fund to oversee government investments

The newly established fund will hold stakes in entities including utility giant Dubai Electricity and Water Authority, toll operator Salik and Dubai Taxi Company

Mubadala Manipal Hospitals talks

Mubadala in talks with Temasek for stake in India’s Manipal Hospitals: Report

An investment from Mubadala could help Manipal Hospitals to expand its business

US Treasuries - stocks

Saudi Arabia’s holdings of US Treasuries at six-year low

The kingdom in June sold more than $3bn in US government debt, offloading the securities for a third consecutive month

Oman's OIA

Oman Investment Authority’s assets hit $46.6bn in 2022

The country’s sovereign wealth fund said its return on investment last year touched 8.8 per cent, which allowed it to contribute substantially to support the general budget

Mansoor Ebrahim Al-Mahmoud, QIA CEO on sovereign wealth funds in private credit. Image credit: QIA

Sovereign wealth fund QIA joins SoftBank, BlackRock in private credit push

Sovereign wealth funds like the QIA have been increasingly looking at private credit, providing evidence of the market’s rapid growth

Saudi wealth fund starts company for Egypt investments

The company will invest in swathes of Egypt’s economy from infrastructure and real estate to pharmaceuticals

Lucid Motors

Lucid will sell up to 100,000 EVs in deal with Saudi Arabia

Lucid said it would start delivering the vehicles by the second quarter of 2023

Mubadala eyes $1bn gas deal as UAE-Israel ties deepen

The Abu Dhabi fund would make the acquisition through its energy arm

Mubadala seizes on 144% stock rally to sell stake in Aldar Properties

Mubadala sold a 12 per cent stake in Aldar to Alpha Dhabi Holding

Qatar wealth fund plans Asia push to diversify from Europe, US

The wealth fund holds stakes in some of the world’s top companies

Saudi’s $360bn sovereign wealth fund PIF rejigs top leadership

The reshuffle comes as the PIF and its subsidiaries prepare to significantly increase domestic spending

Abu Dhabi wealth fund culls Japan team, seeking new growth focus

It will continue to invest in Japanese equities but only through its external managers

Abu Dhabi wealth fund ADQ said to pursue Bausch’s Egypt unit

ADQ has been evaluating the Bausch business, known as Amoun Pharmaceutical Co

Abu Dhabi takes $615m stake in US LNG exporter

Houston-based Cheniere operates two export facilities: Corpus Christi in Texas and Sabine Pass in Louisiana

Saudi Arabia delays showcase investment conference until January

It will now be held on January 26-28

Saudi Arabia reserves grew in July from lowest level since 2010

The government could still face a budget deficit of over 13 per cent of gross domestic product in 2020

saudi arabia riyadh

Saudi net foreign assets rise for first time since January

The stockpile climbed by about SAR3bn ($800m) to reach $445bn

Saudi reserves fall more slowly after transfer to sovereign fund

The government is looking to its largest-ever debt programme to keep the depletion of reserves limited to SAR120bn

Saudi wealth fund builds $200m stake in Norway’s state oil company

The fund last month built an 8.2 per cent stake in cruise operator Carnival Corp. after shares slumped due to the fallout of the coronavirus pandemic