3rd July, 2023
The United Arab Emirates (UAE) has been going through significant changes at federal level during the past few months:
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23rd May, 2023
On May 16, the Government of Qatar issued a rare Amiri decree to reorganize its SWF, allowing the Qatar Investment Authority (QIA) take a more active role in the development of the local market and in the attraction of foreign direct investment. A day later, the fund announced the establishment of a US$ 275 million market-making program at the Qatar Stock Exchange (QSE), which is solely owned by the QIA.
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1st March, 2023
Since its establishment in 2018, TSFE has become a trailblazer and a model for strategic funds in Africa and beyond. After establishing dedicated subsidiaries, the Egyptian fund has been busy investing in domestic assets and attracting foreign investors, all of it with a Sustainability angle. We were delighted to hear more about the fund’s plans from its CEO Ayman Soliman.
1st September, 2022
In the past few years, Spain’s COFIDES has become a very active manager of Sovereign capital, financing over 1,000 projects in over 100 countries and establishing partnerships with GCC funds including OIA, QIA and Mubadala. We had the great pleasure of talking with its Director-General, Rodrigo Madrazo, about the fund’s current activities and future strategy.
9th August, 2022
The UAE is comprised of seven different emirates, even though we often hear about the largest two only: Abu Dhabi and Dubai. The third major emirate is Sharjah, which hosts 23% of the population in just 3% of the area. It is the third largest economy, with about US$ 25 billion GDP, even though it only holds about 2% of the oil reserves, suggesting certain degree of diversification.
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25th August, 2021
The Qatar Investment Authority (QIA) has indicated it is seeking to pump investment into Central Asia’s biggest economy Kazakhstan just months after Emirati fund Mubadala forged deals in the country’s renewable energy sector. Gulf funds are not simply looking for business ventures that generate yield to fulfil their mandate, but also to support economic diplomacy and "soft power" of their governments.
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23rd August, 2021
The Sovereign Fund of Egypt (TSFE) is seeking to channel capital into a range of economic and social development projects, from education to utilities, through public-private-partnerships (PPPs), emulating state-owned investors established in India (NIIF) and Indonesia (INA).
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16th June, 2021
State-owned investors overhauled their approach to investment in the UK due to Brexit and the impact of Covid-19, Global SWF CEO Diego López told the UK’s House of Commons Select Committee on International Trade today.
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11th June, 2021
In an unexpected move beyond core infrastructure, the Indonesia Investment Authority (INA) is set to strike a deal in digital infrastructure with plans for investment in tech unicorns.
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10th June, 2021
After replacing its chairman and an array of managers, Kazakhstan’s US$64 billion sovereign wealth fund Samruk-Kazyna is planning for a new era with a schedule of privatizations set to generate dry powder for fresh investments - and new partnerships.
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21st May, 2021
An agreement for a US$3.75 billion infrastructure platform marks the first investment vehicle for the Indonesia Investment Authority (INA), backed by Abu Dhabi Investment Authority (ADIA), Caisse de dépôt et placement du Québec (CDPQ) and APG Financial. The consortium will invest in toll roads with assessments of opportunities over the next six months.
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29th April, 2021
The British government’s bid to “build back better” from the economic crisis sparked by the pandemic has prompted it to adopt ambitious targets for carbon reduction that will entice SOIs to participate in an expected surge of renewables projects.
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