9th January, 2023
China’s removal of quarantine requirements for inbound travelers has signalled that borders are reopened after three years of strict pandemic-related travel restrictions.
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29th December, 2022
The final quarter of 2022 was hugely disappointing for PIF’s US public equity holdings with the diving value of Lucid Motor’s stock wiping US$7.4 billion off the value of the stockholding, representing 1.2% of the Saudi sovereign fund’s AUM.
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14th December, 2022
PIF has joined Mubadala in investing in German offshore wind developer Skyborn Renewables, alongside Global Infrastructure Partners.
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12th December, 2022
The Saudi Public Investment Fund (PIF) is continuing its advance into Egypt’s troubled economy with reports that it is preparing to acquire The United Bank for US$600 million.
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25th November, 2022
Saudi Arabia’s Public Investment Fund saw US$6.6 billion wiped off the value of its US public equity portfolio in Q3, around three quarters of which was caused by the 18.6% decline in the value of its stake in Lucid which was worth US$14.2 billion at end-September.
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15th November, 2022
BlackRock continues to forge relationships with the sovereign investor universe with this week witnessing an agreement with Saudi Arabia’s US$620 billion Public Investment Fund (PIF) to pursue joint investment opportunities in the Kingdom’s infrastructure sector.
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9th November, 2022
The FIFA World Cup is putting Qatar on the map, but other Gulf states are looking to ramp up investments in football in the bid to capitalize on growth in the sport.
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8th November, 2022
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is emerging as a leading financier of electric vehicles with the launch of its own indigenous brand, Ceer, in a joint venture with and Taiwan-based Hon Hai Precision Industry Company (Foxconn).
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4th November, 2022
The Qatar Investment Authority (QIA) is undeterred by the plummeting value of its stockholding in Credit Suisse Group and is preparing to invest in a share sale alongside the Saudi National Bank, according to the Financial Times.
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2nd November, 2022
The Red Sea continues to draw billions of dollars of investment from sovereign wealth funds, which are keen to capitalize on the resources and strategic position it occupies in global trade.
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28th October, 2022
Saudi Arabia’s sovereign wealth fund, Public Investment Fund, is set to launch a five new investment companies, modelled on the Saudi Egyptian Investment Company (SEIC, in the MENA region that will oversee SAR90 billion (US$24 billion) of investment.
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12th October, 2022
With favorable long-term development objectives, ESG opportunities and rapid demographic and consumer change, Indian infrastructure investment has attracted sovereign wealth funds and public pension funds over recent years.
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