Bahrain Mumtalakat, Mubadala to set up investment fundBahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the kingdom, has reached an agreement with Abu Dhabi's Mubadala Investment Company to establish a joint investment fund for projects in both countries and abroad More… |
Bahrain Mumtalakat, Mubadala to set up investment fundBahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the kingdom, has reached an agreement with Abu Dhabi's Mubadala Investment Company to establish a joint investment fund for projects in both countries and abroad More… |
Bahrain Mumtalakat, Mubadala to set up investment fundBahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the kingdom, has reached an agreement with Abu Dhabi's Mubadala Investment Company to establish a joint investment fund for projects in both countries and abroad More… |
Alkhabeer Capital exits major Saudi investment fundAlkhabeer Capital, a prominent Saudi-based asset management company, has announced that it has successfully exited “Alkhabeer Land Development Fund II”, achieving 44.6 per cent in net cumulative returns to its investors. More… |
Kuwait plans to set up $10bn China investment fundKuwait is planning to create a $10-billion fund with China to invest in the two countries, reported Bloomberg, citing people with knowledge of the matter. The Gulf state is discussing the creatio More… |
Saudi, China investment fund size put at $20bnSaudi Arabia and China plan to establish and operate jointly a $20 billion investment fund, Saudi Minister of Energy, Industry and Mineral Resources Khalid Al-Falih has been quoted as saying by Reuters. Al-Falih was speaking on th More… |
54 face fund fraud charges in Abu DhabiA total of 54 suspects will face charges of fraud, money laundering and practising an economic activity while unlicensed in an investment fund fraud case related to car trade in Abu Dhabi, UAE, a report said. Attorney-General of A More… |
Joint $3bn fund to serve Saudi Arabia and JordanThe formation of a new company that will run the Saudi-Jordanian Investment Fund was a milestone in the implementation of a project that would serve the interests of Saudi Arabia and Jordan, media sources quoted a senior official. More… |
Saudi Arabia, Egypt sign $16bn investment fund pactEgypt and Saudi Arabia signed an agreement late on Saturday to set up a SR60 billion ($16 billion) investment fund among other investment agreements including an economic free-zone to develop Egypt's Sinai region, Egyptian state television r More… |
UAE, China to set up $10bn strategic investment fundThe United Arab Emirates and China have launched a joint strategic investment fund worth $10 billion, the two countries said in a joint statement on UAE state news agency WAM. The fund will be administered and managed by More… |