Company Insights Abu Dhabi Investment Authority Banking & Finance Abu Dhabi Investment Authority News Economy Saudi PIF is top global investor in first half of 2024 Saudi Arabia’s Public Investment Fund was the highest-spending state-owned investor in the first half of 2024, while three Abu Dhabi institutions were also in the top five. The PIF owns stakes in various domestic companies including Saudi Aramco, Saudi Telecom Co and Saudi National Bank and is spearheading the kingdom’s giga-project development programme. It invested […] July 2, 2024 Opinion Finance A Labour government should not frighten the horses The UK general election is likely to mean changes, but Gulf citizens need not be too worried May 27, 2024 Analysis Banking & Finance GCC debt market on way to trillion-dollar milestone The total debt capital market in the GCC is likely to cross $1 trillion this year, after reaching $940 billion in the first quarter of 2024. New research from Fitch Ratings shows that more than a third of GCC debt issued last year was in the form of sukuk, also known as an Islamic bond. […] May 14, 2024 Construction ADIA backs Indian developer in $240m deal Abu Dhabi Investment Authority, the UAE’s largest sovereign wealth fund, and India’s Kotak Alternative Investment Fund will support Indian developer Prestige Group in building residential projects across four Indian cities. The deal is valued at 20 billion rupees ($240 million), Prestige Group said in a statement to the Bombay Stock Exchange on Monday. The projects will be […] April 1, 2024 Retail ADIA and Mubadala join $8.3bn China shopping mall deal Two Abu Dhabi state-backed companies are part of a group which has agreed to invest $8.3 billion to acquire a 60 percent stake in Chinese property major Dalian Wanda’s shopping mall subsidiary. The investment was led by Hong Kong private equity firm PAG, along with Platinum Peony B 2023 RSC, a wholly-owned subsidiary of the Abu […] April 1, 2024 Finance UAE invests $2.5 trillion overseas, with US the top recipient The UAE has invested an estimated $2.5 trillion overseas as of early 2024, with the United States the prime destination. “The UAE has strengthened its position in the global economy,” Jamal bin Saif Al Jarwan, secretary-general of the UAE International Investors Council, was quoted as saying by the state-owned Wam news agency. “It ranked first […] March 25, 2024 Food & Drink Gulf SWFs named as potential suitors of The Ivy Gulf sovereign wealth funds are among a host of buyers said to be interested in taking charge of the group behind the UK’s prestigious Ivy restaurant. A £1 billion ($1.26 billion) sale is expected to be complete by the end of June. Troia, the company that owns the Ivy and some 50 other restaurants, is […] March 25, 2024 Aviation India’s Akasa Air to fly to Saudi Arabia and Kuwait Akasa Air, India’s newest low-cost airline, plans to start flights to Kuwait and Saudi Arabia by the end of October. “We have traffic rights for Kuwait, Riyadh and Jeddah, all of which we hope to launch by the end of the IATA summer season,” founder and CEO Vinay Dube told the state-run Press Trust of […] March 25, 2024 Finance ADIA backs $832m European real estate debt fund Abu Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, will pump additional capital into Cheyne Capital’s European real estate debt fund, increasing the total investment to £650 million ($832 million). The investment by a Gulf state-owned fund subsidiary marks the ninth round of the London-based Cheyne Real Estate Credit Holdings programme, called the […] March 13, 2024 Banking & Finance India is top Asian target for Middle East investors India is more than twice as important as China as a target for Middle East investment, an industry report has revealed. Since 2020, private capital deal value from the Middle East into Asia has soared more than sixfold, from $14 billion between 2016 and 2019 to $83 billion since 2020, data from the Global Private […] March 11, 2024 Posts navigation Previous 1 … 7 8 9 … 14 Next
Economy Saudi PIF is top global investor in first half of 2024 Saudi Arabia’s Public Investment Fund was the highest-spending state-owned investor in the first half of 2024, while three Abu Dhabi institutions were also in the top five. The PIF owns stakes in various domestic companies including Saudi Aramco, Saudi Telecom Co and Saudi National Bank and is spearheading the kingdom’s giga-project development programme. It invested […] July 2, 2024
Opinion Finance A Labour government should not frighten the horses The UK general election is likely to mean changes, but Gulf citizens need not be too worried May 27, 2024
Analysis Banking & Finance GCC debt market on way to trillion-dollar milestone The total debt capital market in the GCC is likely to cross $1 trillion this year, after reaching $940 billion in the first quarter of 2024. New research from Fitch Ratings shows that more than a third of GCC debt issued last year was in the form of sukuk, also known as an Islamic bond. […] May 14, 2024
Construction ADIA backs Indian developer in $240m deal Abu Dhabi Investment Authority, the UAE’s largest sovereign wealth fund, and India’s Kotak Alternative Investment Fund will support Indian developer Prestige Group in building residential projects across four Indian cities. The deal is valued at 20 billion rupees ($240 million), Prestige Group said in a statement to the Bombay Stock Exchange on Monday. The projects will be […] April 1, 2024
Retail ADIA and Mubadala join $8.3bn China shopping mall deal Two Abu Dhabi state-backed companies are part of a group which has agreed to invest $8.3 billion to acquire a 60 percent stake in Chinese property major Dalian Wanda’s shopping mall subsidiary. The investment was led by Hong Kong private equity firm PAG, along with Platinum Peony B 2023 RSC, a wholly-owned subsidiary of the Abu […] April 1, 2024
Finance UAE invests $2.5 trillion overseas, with US the top recipient The UAE has invested an estimated $2.5 trillion overseas as of early 2024, with the United States the prime destination. “The UAE has strengthened its position in the global economy,” Jamal bin Saif Al Jarwan, secretary-general of the UAE International Investors Council, was quoted as saying by the state-owned Wam news agency. “It ranked first […] March 25, 2024
Food & Drink Gulf SWFs named as potential suitors of The Ivy Gulf sovereign wealth funds are among a host of buyers said to be interested in taking charge of the group behind the UK’s prestigious Ivy restaurant. A £1 billion ($1.26 billion) sale is expected to be complete by the end of June. Troia, the company that owns the Ivy and some 50 other restaurants, is […] March 25, 2024
Aviation India’s Akasa Air to fly to Saudi Arabia and Kuwait Akasa Air, India’s newest low-cost airline, plans to start flights to Kuwait and Saudi Arabia by the end of October. “We have traffic rights for Kuwait, Riyadh and Jeddah, all of which we hope to launch by the end of the IATA summer season,” founder and CEO Vinay Dube told the state-run Press Trust of […] March 25, 2024
Finance ADIA backs $832m European real estate debt fund Abu Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, will pump additional capital into Cheyne Capital’s European real estate debt fund, increasing the total investment to £650 million ($832 million). The investment by a Gulf state-owned fund subsidiary marks the ninth round of the London-based Cheyne Real Estate Credit Holdings programme, called the […] March 13, 2024
Banking & Finance India is top Asian target for Middle East investors India is more than twice as important as China as a target for Middle East investment, an industry report has revealed. Since 2020, private capital deal value from the Middle East into Asia has soared more than sixfold, from $14 billion between 2016 and 2019 to $83 billion since 2020, data from the Global Private […] March 11, 2024
