30th August, 2022
Emirati and Canadian funds are following a similar pattern in Europe, pledging big capital injections in infrastructure following top-level bilateral diplomacy.
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18th August, 2022
Since the passing of Abu Dhabi and UAE leader Sheikh Khalifa in May, two of the Emirate’s sovereign wealth funds – Mubadala and ADQ – have shown increasing signs of co-operation with this week seeing the Mubadala-backed artificial intelligence firm G42 forming a partnership with ADQ’s venture capital arm the Abu Dhabi Growth Fund to create a US$10 billion fund with a focus on tech investments in emerging markets.
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15th August, 2022
The Abu Dhabi Investment Authority (ADIA) continues to surge ahead with its aggressive investment strategy with the acquisition of a 9.99% stake in India’s Aditya Birla Health Insurance Company for US$84 million, according to a Bombay Stock Exchange filing last week.
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7th July, 2022
The decision of Abu Dhabi sovereign investors Mubadala and ADQ and the Royal Group conglomerate to back SoftBank executive Rajeev Misra's new US$6 billion multi-asset investment fund shines a light on the Emirate's internal dynamics in a post-Khalifa era.
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6th April, 2022
The UAE’s sovereign wealth funds are playing a key role in the privatization of the federation’s infrastructure, with this week’s IPO of the Dubai Electricity and Water Authority (DEWA) raising AED22.41 billion (US$6.1 billion) on the Dubai Financial Market.
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23rd March, 2022
After months of negotiations, Abu Dhabi sovereign wealth fund ADQ has forged major investment agreements with its counterparts in Egypt and Turkey as the UAE bolsters its regional economic and political might.
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1st January, 2022
For its significant contribution to the development of Abu Dhabi and the UAE, for its leadership in pursuing global partnerships, for its unparalleled investment and divestment activity displayed throughout the year, and, in general, for its contribution to the advancement of the SWF industry, Global SWF believes that Mubadala Investment Company is a worthy recipient of the 2021 Fund of the Year award. We spoke with Ahmed Saeed Al Calily, its Chief Strategy & Risk Officer, about the fund’s performance and ambitions.
8th December, 2021
The six countries of the Gulf Cooperation Council (GCC) are home to fewer than 60 million people, of whom only 29 million are nationals entitled to pension benefits. However, the pool of pension capital has been increasing steadily and can no longer be ignored. Global SWF estimates that the 10 PPFs from the region now manage US$ 502 billion, a 25% more than six years ago.
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6th December, 2021
The merger of renewables assets by Abu Dhabi’s biggest energy asset owners under the ownership of Masdar, which was originally established by sovereign wealth fund Mubadala, is accelerating its push to develop its global portfolio of solar and wind generation plants.
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2nd December, 2021
Congratulations are in order to the United Arab Emirates, for keeping seven (very wealthy) siblings under the same roof for the past 50 years. Here's to the next 50!
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30th November, 2021
It is easy to forget that the UAE has a federal fund, given the high profile of their SWFs at emirate level. Luckily, its Board of Directors, led by Sheikh Mansour, reminded us of its importance last night. In his speech, the Deputy Minister of the UAE announced a new strategy “Fifty Principles” that aligns with the country’s development over the next fifty years.
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25th November, 2021
Diplomatic rapprochement between the UAE and Turkey was sealed this week with a series of agreements between the two countries’ sovereign wealth funds and portfolio companies.
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