Latest News for: Sovereign wealth

Edit

Saudi sovereign fund PIF selling 5.01% stake in STC in secondary offer

Gulf Daily News 06 Dec 2021
The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, is selling a 5.01% stake in Saudi Telecom Co (STC) (7010.SE) through a secondary share offering, STC said on Sunday ... STC shares in June, which was later confirmed by the sovereign wealth fund.
Edit

Watch: Philippines seeks a ‘win-win’ trade deal with UAE – its biggest Middle East partner

Gulf News 06 Dec 2021
Attracting investments from UAE’s sovereign wealth funds is a top priority for Lopez. “We will be offering the Philippines as an investment destination to the sovereign wealth fund and that's the reason why we also want them to push through with the investment promotion and protection agreement,” said Lopez.
Edit

Saudi wealth fund plans mega share sale in telecom firm

Al Jazeera 06 Dec 2021
Saudi Arabia’s sovereign wealth fund is set for what could be the biggest secondary offering of the year in Europe, the Middle East and Africa as it looks to fund a huge investment program to diversify the oil-dependent economy ... Saudi Arabia’s sovereign wealth fund is one of the ...
Edit

Argentina Approves Sputnik Light COVID-19 Vaccine - RDIF

Urdu Point 06 Dec 2021
"The Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund) today announced the Russian one-shot Sputnik Light ...
Edit

Ayala Energy sells 2.7m shares to a unit of GIC

Manila Standard Today 06 Dec 2021
AC Energy and Infrastructure Corp., a unit of conglomerate Ayala Corp., signed an agreement to sell 2,689,521,681 secondary shares of AC Energy Corp. to Arran Investment Pte Ltd., an affiliate of Singapore sovereign wealth fund GIC Private Ltd ... .
Edit

Fortum tops 1.2 GW of wind, solar capacity in Russia

Renewables Now 06 Dec 2021
Earlier this year, Fortum Russia through its joint venture won capacity supply agreements (CSA) to install more than 1.3 GW of wind turbines between 2025 and 2027 ... The Finnish energy company builds and operates onshore wind and solar power plants in Russia through equally-owned partnerships with Rusnano and sovereign wealth fund RDIF.
Edit

Most stock markets in Gulf rise, in line with oil prices

Gulf Daily News 06 Dec 2021
Most stock markets in the Gulf rose in early trade on Monday, on course to extend gains from the previous session in line with rising oil prices ... The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, is selling a 5.01% stake in Saudi Telecom Co (STC) (7010.SE) through a secondary share offering, STC said on Sunday ... .
Edit

Masdar and Engie to develop hydrogen hub in United Arab Emirates

Power Technology 06 Dec 2021
The two companies aim to supply hydrogen to meet local supply requirements ... MacGregor said ... The two companies initially aim to supply hydrogen to meet local supply requirements ... ADNOC and Abu Dhabi National Energy Company (Taqa) recently became shareholders in Masdar together with Mubadala, a sovereign wealth fund owned by the UAE Federal Government.
Edit

Abu Dhabi hits record peak; STC weighs on Saudi index

Reuters 06 Dec 2021
Reports in South Africa said Omicron cases there had only shown mild symptoms and the top U.S ... read more ... Register ... The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, is selling a 5.01% stake in STC through a secondary share offering, STC said on Sunday. read more ... Register ... Our Standards. The Thomson Reuters Trust Principles.
Edit

Justin Bieber performs at Saudi F1 race after boycott calls

The Associated Press 06 Dec 2021
JIDDAH, Saudi Arabia (AP) — Pop star Justin Bieber performed to a packed crowd in the Red Sea city of Jiddah in Saudi Arabia, singing some of his most popular hits ... A U.S ... Saudi Arabia’s state-owned sovereign wealth fund — steered by Prince Mohammed — is among the largest institutional holders in Live Nation, with a stake worth some $1.4 billion. .
Edit

Brookwood Acquires Sabre Centre I in Boca Raton, Florida

Daily Times Chronicle 06 Dec 2021
About Brookwood Financial Partners, LLC – Brookwood is an investment firm that specializes in acquiring and managing commercial real estate and real-estate related operating businesses on behalf of approximately 3,000 clients, including sovereign wealth funds, college endowments, ...
Edit

The one-shot Sputnik Light vaccine authorized in Argentina as a standalone vaccine and a booster shot

The Eastern Herald 06 Dec 2021
MOSCOW, Dec. 6, 2021 /PRNewswire/ —�The Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund) today announced the Russian one-shot Sputnik Light vaccine against coronavirus has been approved by the Ministry of Health of Argentina as a standalone vaccine and a booster shot ... Related. ... Follow us on. ....
Edit

RDIF ready to provide the one-shot Sputnik Light vaccine and Sputnik M vaccine (for adolescents) ...

The Eastern Herald 06 Dec 2021
MOSCOW, Dec. 6, 2021 /PRNewswire/ — Partnership between Russia and India in the fight against COVID has already demonstrated significant results, and the Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund) strives to expand it through providing the one-shot Sputnik Light vaccine and Sputnik M vaccine(for adolescents).
Edit

Prince Harry says quitting work can be good for your mental health and 'many people ...

The Daily Mail 06 Dec 2021
Prince Harry today claimed that people around the world 'stuck in jobs that don't bring them joy' should quit to put their mental health and happiness first ... RELATED ARTICLES. Previous 1 Next ... Share this article. Share. He told Fast Company ... Other backers include Mubadala, a sovereign wealth fund connected to Abu Dhabi Crown Prince Mohamed bin Zayed ... .
×