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Saudi wealth fund PIF raises $1 bn from STC stake sale

TMT

14 November, 2024

Saudi wealth fund PIF raises $1 bn from STC stake sale

Saudi Arabia's sovereign wealth fund PIF has raised 3.86 billion riyals ($1.03 billion) from selling a 2% stake in telecoms firm ......

Qatar's emir appoints Mohammed Al Sowaidi as new CEO of wealth fund QIA

People

12 November, 2024

Qatar's emir appoints Mohammed Al Sowaidi as new CEO of wealth fund QIA

Qatar's emir on Tuesday appointed Mohammed Al Sowaidi as CEO of the Qatar Investment Authority (QIA), according to a statement issued by ......

Norway's wealth fund, Fidelity among anchor investors in Swiggy IPO

TMT

06 November, 2024

Norway's wealth fund, Fidelity among anchor investors in Swiggy IPO

Swiggy sold shares worth $605 million to institutional investors including Fidelity and Norges on Tuesday as the food delivery firm ......

ADIA starts operations in India's GIFT City finance hub

Finance

08 October, 2024

ADIA starts operations in India's GIFT City finance hub

Abu Dhabi Investment Authority (ADIA), the largest sovereign wealth fund in the United Arab Emirates (UAE), has started operations in ......

Oman sovereign wealth fund's total assets rise to $49.9 bn in 2023

Finance

21 August, 2024

Oman sovereign wealth fund's total assets rise to $49.9 bn in 2023

The assets of Oman's sovereign wealth fund stood at 19.2 billion rials ($49.9 billion) at the end of 2023, up ......

Saudi sovereign wealth fund PIF appoints new head of investment strategy

Finance

24 July, 2024

Saudi sovereign wealth fund PIF appoints new head of investment strategy

Saudi Arabia's sovereign wealth fund, which manages around $925 billion, has appointed a new head of its investment strategy and ......

Norway sovereign wealth fund excludes Adani Ports over ethical concerns

Infrastructure

16 May, 2024

Norway sovereign wealth fund excludes Adani Ports over ethical concerns

Norway's central bank said on Wednesday that its executive board has decided to exclude three companies from its government pension ......

Saudi Arabia's PIF hits $749 bn in assets under management

Finance

25 April, 2024

Saudi Arabia's PIF hits $749 bn in assets under management

Saudi Arabian sovereign wealth fund PIF's managed assets reached 2.81 trillion riyals ($749.2 billion) in 2023, state news agency SPA ......

Norway govt says $1.6 trillion wealth fund will not invest in private equity

Finance

12 April, 2024

Norway govt says $1.6 trillion wealth fund will not invest in private equity

Norway's $1.6 trillion sovereign wealth fund, the world's largest, should not be allowed to include private equity investments in its ......

Norway wealth fund to seek more women on company boards in India, other emerging markets

Finance

06 March, 2024

Norway wealth fund to seek more women on company boards in India, other emerging markets

Norway's $1.6 trillion sovereign wealth fund, the world's largest, will call on emerging market companies in which it invests to ......