Latest News for: Sovereign wealth

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Gulf Sovereign Funds Set to Reach $7.3 Trillion in Assets by 2030

The Arabian Post 04 Oct 2024
Gulf sovereign wealth funds are on track to collectively manage an unprecedented $7.3 trillion in assets by 2030, driven by significant global investments and domestic diversification efforts.
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ewpartners secures $150m investment from Oman fund

Oman Observer 04 Oct 2024
MUSCAT. Independent investment firm ewpartners has welcomed investment pledges totaling $150m from Oman Investment Authority (OIA), the country’s integrated sovereign wealth fund, ....
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Future Fund Oman invests $156 million in polysilicon factory

PV Magazine 04 Oct 2024
Future Fund Oman (FFO), which is controlled by the sovereign wealth fund of Oman, has decided to invest OMR 60 million ($156 million) in the $1.35 billion polysilicon production facility that United ...
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Hyundai is said to seek $19 billion value in India's biggest IPO

Gulf News 04 Oct 2024
Hyundai Motor Co ... 22, the people said. A mix of foreign and local institutional investors including asset managers, insurers, pension funds and sovereign wealth funds has expressed preliminary interest in buying shares in the IPO, the people said ... .
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NFL considers — and tours — Abu Dhabi as expanding international series looks for new ...

CBS Sports 04 Oct 2024
Abu Dhabi has grown rapidly in recent years thanks to the incredible wealth related to oil money as well as a robust tourism plan chaired by the crown prince ... Sovereign wealth has become more relevant in American sports in recent years.
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TAQA’s $1.75 Billion Dual Tranche Bonds See Strong Demand

The Arabian Post 04 Oct 2024
Arabian Post - ... Global investors, including sovereign wealth funds, asset managers, and insurance companies, have shown considerable interest in these bonds, underscoring TAQA’s stability and creditworthiness as a government-backed entity.
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Colsaerts, John share lead at Dunhill Links as star power fades

TSN Canada 04 Oct 2024
ST ... John is No ... 462) ... Andrews ... The tournament, featuring one professional and one amateur over three courses, began with Monahan playing alongside Yasir Al-Rumayyan, governor of Saudi Arabia’s sovereign wealth fund that backs rival LIV Golf ... “St ... ___.
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Nicolas Colsaerts and Cameron John share lead at Dunhill Links as star power fades

Newsday 04 Oct 2024
ST ... John is No ... 462) ... Andrews ... The tournament, featuring one professional and one amateur over three courses, began with Monahan playing alongside Yasir Al-Rumayyan, governor of Saudi Arabia’s sovereign wealth fund that backs rival LIV Golf ... 4, 2024 ... “St.
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Hydropower dreams: Can Bhutan tap its full potential?

Kuensel 04 Oct 2024
Thinley Namgay ... “Only one-fourth or one-fifth of the installed capacity is operational in the winter ... Bhutan can look to sovereign wealth funds, pension funds, and other institutional investors, which are increasingly focusing on green investments ... .
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Saudi Arabia’s PIF decreases stake in Amazon

Gulf News 03 Oct 2024
The sovereign wealth fund, which oversees over $700 billion (Dh2.5 trillion) in assets, disclosed in its latest filing with the Securities and Exchange Commission that it now owns fewer than 350,000 ...
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Corporation taxes drove 11% jump in Exchequer receipts in lead up to budget

The Irish Times 03 Oct 2024
However, last year’s figure was distorted by a €4 billion transfer to the National Reserve Fund which has since been moved on one of two new sovereign wealth funds recently set up to capture windfall ...
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Greece concludes post-crisis bank privatizations with 10% stake sale in National Bank

Ekathimerini 03 Oct 2024
The valuation was at the middle of the initial pricing indication of €7.3-7.95 a share, the fund said in a press release ... Following the sale, HFSF will transfer a remaining 8.4% stake in National Bank to Greece’s sovereign wealth fund ... [Reuters] .
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OpenAI has secured a $157 billion valuation. Now comes the hard part.

Business Insider 03 Oct 2024
"This is a capital race as well, and only investors such as sovereign wealth funds will ultimately be able to provide the types of capital needed for these LLM startups," a European growth-stage VC told BI.
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Works from the Harry F. Guggenheim Collection Are Coming to Sotheby’s This November

New York Observer 03 Oct 2024
Although the auction house is reportedly having some cash problems, with delayed payments to shippers and conservators, the funds recently invested by the Abu Dhabi-based sovereign wealth fund ADQ ...

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FILE - Russian President Vladimir Putin, center, talks with Russian Chief of General Staff Gen. Valery Gerasimov, left, and Russian Defense Minister Sergei Shoigu after a meeting with military leaders in Moscow, Russia, on Dec. 19, 2023. The Kremlin says Russia's President Vladimir Putin has signed a decree appointing Sergei Shoigu as secretary of Russia's national security council, replacing Nikolai Patrushev. The appointment Sunday comes after Putin proposed to appoint Andrei Belousov as the country's defense minister instead of Shoigu, who has served in the post for years.
AP / Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP, File
In this photo taken from video released by Russian Emergency Ministry Press Service on Friday, Oct. 4, 2024, firefighters extinguish a large fire at the base for the storage of petroleum products with an area of 10 thousand square meters on fire in the industrial zone of the village of Osentsi, Perm region of Russia.
Russian Emergency Ministry Press Service via AP / Russian Emergency Ministry Press Service
Shirts and hats are seen at a vendor stand before a former President Donald Trump commit to caucus rally, Wednesday, Dec. 13, 2023, in Coralville, Iowa.
AP / Charlie Neibergall
President Joe Biden and NATO leaders pose for a family photo during an event marking the 75th anniversary of the NATO Alliance, Tuesday, July 9, 2024, in the Andrew W. Mellon Auditorium in Washington, D.C.
White House / Oliver Contreras
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