17th September, 2024
Despite persistent economic problems, Egypt is a top investment destination for Gulf sovereign wealth funds that are not only mindful of its long-term potential as an emerging market but also its strategic position in soft power rivalry over the MENA region.
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3rd September, 2024
With its cash resources squeezed by profligate investments ranging from gigaprojects to sports, Saudi Arabia’s Public Investment Fund (PIF) is set to tap debt markets for a fourth time this year.
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29th August, 2024
Cairo has shaken up The Sovereign Fund of Egypt (TSFE) as it seeks to re-energise a flagging privatization program.
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28th August, 2024
Public pension funds from Australia, Canada and the Netherlands have swung their support behind the EUR2.1 billion capital-raising by euNetworks amid surging appetite for digital infrastructure among state-owned investors.
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19th August, 2024
Vision 2030 is an overriding mission of Saudi Arabia’s Public Investment Fund (PIF), which has drained cash reserves and drawn on its global portfolio to bolster the Kingdom’s economic diversification program, but the fund continues its path towards US$1 trillion in 2025 and US$2 trillion by the end of the decade.
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16th August, 2024
Saudi Arabia’s Public Investment Fund (PIF) saw little change in its US public equities holdings, which grew 0.5% to US$20.7 billion in Q2.
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8th August, 2024
Electric vehicle manufacturer Lucid has received another lifeline from Saudi Arabia’s Public Investment Fund (PIF) the bolster the launch of the Gravity SUV model and support the company’s Saudi plant.
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30th July, 2024
Recent weeks and months have seen Saudi Arabia's Public Investment Fund (PIF) striking further into football and rugby with its investment in English team Newcastle leading to exponential growth in value, while it looks to snap up stakes in English rugby teams and develop Saudi Arabia's own domestic sporting prowess as a global brand.
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17th July, 2024
An agreement by three major Chinese green energy manufacturers to build production plants in Saudi Arabia is the latest episode in a good news story for Sino-Arabian economic relations, but the US's wariness of Saudi reliance on Chinese technological transfer could put Saudi Arabia’s Public Investment Fund (PIF) in a dilemma.
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12th July, 2024
Saudi Arabia’s Public Investment Fund (PIF) is planning to bolster hydrogen production by turning a little known subsidiary, the Energy Solutions Company (ESC), into a national champion, adding to its large and growing suite of industrial subsidiaries that seek to diversify the Kingdom’s economy, according to MEED.
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3rd July, 2024
Saudi Arabia’s Public Investment Fund (PIF) bounced back in 2023, with a net profit of SAR64.4 trillion (US$17.2 billion), according to a KPMG audit report lodged with the London Stock Exchange - and it is now likely to be in the unique group of "tera-funds" with over US$1 trillion of assets under management.
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14th June, 2024
Private equity group Ardian is combining forces with Qatari and Saudi sovereign wealth funds in two separate major European transactions in the aviation sector, demonstrating an ongoing strategy to work closely with state-owned investors and combine their capital strengths.
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