Latest News for: Sovereign wealth

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Newcastle fans celebrate new Saudi era

Supersport 17 Oct 2021
Jubilant Newcastle fans descended on St James' Park on Sunday to celebrate a new era for the club under the ownership of the Saudi sovereign wealth fund..","content"."Jubilant Newcastle fans descended on St James' Park on Sunday to celebrate a new ...
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Saudi Arabia's PIF launches offshore platform tourism project

Gulf Daily News 17 Oct 2021
Saudi Arabia's sovereign wealth fund, the Public Investment Fund, announced on Saturday the launch of "THE RIG", which it said would be ...
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Hope, conflicted morality as Newcastle fans welcome Saudis

ABC News 17 Oct 2021
Newcastle has played its first game since being bought by the Saudi sovereign wealth fund with Tottenham the visitors to the northeast club ... .
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SC's industrial real state market lures Singapore-backed investor

The Post and Courier 17 Oct 2021
Thorne HealthTech's Summerville building was the priciest among the South Carolina industrial properties that a Singapore sovereign wealth fund bought this month ... Against that backdrop, White isn't at all surprised that "a sovereign wealth fund from Singapore is being advised to invest in industrial real estate" in places like South Carolina ... .
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Saudi Arabia’s wealth fund unveils offshore platform tourism project

Splash24/7 17 Oct 2021
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has launched a new tourism project inspired by offshore oil platforms ... #PIF announces “THE RIG.” Project. The world’s first tourism destination inspired by offshore oil platforms. Read more ... .
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Howay the lads: A new era begins for Newcastle

Arab News 17 Oct 2021
LONDON. After decades in the football wilderness, a new era of hope begins on Sunday for the long-suffering fans of Newcastle United football club ... James’ Park stadium for the team’s first match since this month’s $410 million takeover led by Saudi Arabia’s sovereign wealth fund, the Public Investment Fund. Sunday’s challenge could hardly be tougher.
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Revealed: Newcastle chairman’s links to Saudi ‘anti-corruption’ drive

The Observer 17 Oct 2021
The state-owned sovereign wealth fund is run by Rumayyan and chaired by the crown prince ... – who is formally referred to in memos as “his excellency” and the “supervisor” of the PIF – to transfer 20 companies to the sovereign wealth fund as part of the anti-corruption campaign.
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Saudi Arabia launches first offshore platform tourism project

The Siasat Daily 17 Oct 2021
Riyadh. Saudi Arabia’s Public Investment Fund (PIF) on Saturday announced the launch of “THE RIG”, a new tourism project inspired by offshore oil platforms ... #PIF announces “THE RIG.” Project ... Read more ... A statement from the PIF said ... The Public Investment Fund of Saudi Arabia is one of the largest sovereign wealth funds in the world ... .
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Report: Newcastle Chairman Seized Assets on MBS’s Behalf During Saudi Purge

Kayhan 17 Oct 2021
Yasir al-Rumayyan, Newcastle’s new chairman who also runs Riyadh’s Public Investment Fund (PIF), was ordered to seize and transfer 20 companies to the sovereign wealth fund in 2017, the Guardian reported ... The PIF, which MBS chairs, came under intense scrutiny during negotiations for the Newcastle sale ... ....
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Redvers believes Oisin Murphy will make lifestyle changes after pub ‘fracas’

The Observer 17 Oct 2021
Hollie Doyle. ‘Finishing third in Spoty? It was a shock to the system’. Read more ...Oisin’s really felt it this time, no question about it,” Redvers told Racing TV earlier on Saturday ... Show. Kempton Park  ... The Sheikh is chief executive of Qipco, a Qatari sovereign wealth fund which is the main sponsor of Saturday’s Champions Day card at Ascot ... .
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NHAI  looks to raise   ₹6,000 cr through InVIT route

Live Mint 17 Oct 2021
MUMBAI ... MORE FROM THIS SECTIONSee All ... Premium Premium Alibaba faces new threat ... Last month, Mint reported that roads platform Cube Highways is in talks with pension funds and sovereign wealth funds to raise as much as $1 billion through an InvIT, which will comprise the largest portfolio of privately held road assets in the country. .
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Uber, Careem Said to Face $100 Million Bill in Saudi Tax Squeeze

Yahoo Daily News 17 Oct 2021
(Bloomberg) -- Saudi Arabia has slapped several technology firms, including Uber Technologies Inc ... Most Read from Bloomberg. The Biggest Public Graveyard in the U.S ... The U.K ... Read more ... Saudi Arabia’s sovereign wealth fund owns a nearly 4% stake in Uber, and the fund’s governor, a top adviser to the Saudi crown prince, has a seat on the company’s board.
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Newcastle begin bold bid for 'superpower' status

Supersport 16 Oct 2021
... sovereign wealth fund took control of the club.","content"."A new era beckons for Newcastle on Sunday when a packed St James' Park will witness the Magpies' first match since a takeover led by the Saudi sovereign wealth fund took control of the club.
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The government must resist scrapping the pension fees cap

The Times/The Sunday Times 16 Oct 2021
But then Norweigians can afford to think big, largely because they have the world’s biggest sovereign wealth fund, containing £1 trillion from vast ...
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