28th April, 2025
Kuwait is converting its US$4 billion in deposits at Egypt's Central Bank into direct investments, following Gulf peers in significantly ramping up economic stakes in Egypt
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22nd April, 2025
After nearly a decade of financial paralysis, Kuwait has finally pulled the trigger. The long-delayed public debt law has passed, unlocking up to KD30 billion (US$98 billion) in borrowing power.
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25th February, 2025
On Tuesday, February 25, 2025, Global SWF celebrated a new milestone of 1,000 articles, which provide original content and insights into the opaque world of Sovereign Wealth Funds on a daily basis.
18th November, 2024
Last week was rather eventful among the SWFs of the Arabian Gulf. In Qatar, QIA changed its leadership on Tuesday, after Al Mahmoud was appointed Minister of Health. In Saudi, PIF decided to change the CEO of its flagship project NEOM on Wednesday, in an effort to ensure the success of the job. In Abu Dhabi, ADIA reported its annual results on Thursday, which according to Global SWF estimates may have signaled a new milestone for its portfolio. And that same day in Kuwait, KIA confirmed the retirement of its MD Ghanem Al-Ghaniman.
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23rd July, 2024
Kuwait’s finance minister has revealed that the country’s fiscal stabilization, the Government Reserve Fund (GRF) overseen by the Kuwait Investment Authority, is heavily depleted, with liquidity falling by around 95% in the decade to end-March to less than KWD2 billion (US$6.5 billion).
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11th July, 2024
Governance concerns have reportedly prompted the IMF to demand the abolition of the Pakistan Sovereign Wealth Fund as a condition for any new financial bailouts, in what is the biggest challenge to the country’s bid to create a state-owned investor.
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14th May, 2024
The US$846 billion Kuwait Investment Authority (KIA) is unlikely to escape the impact of the political upheaval in Kuwait over the weekend, but the developments could finally end the uncertainty that has clouded the fund in recent years.
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13th May, 2024
France’s strategic investor Bpifrance has strengthened its relationships with Gulf peers with a series of agreements with sovereign wealth funds of Kuwait, Qatar and Abu Dhabi committing capital to French startups.
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25th April, 2024
Saudi Arabia’s Public Investment Fund (PIF) has forged a joint venture deal with the Kingdom’s telecoms company STC which sees it acquire a 51% stake in Telecommunication Towers Company Limited (TAWAL), which is set to form the basis of the Middle East’s biggest telecommunications infrastructure company – and a global player.
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19th April, 2024
On Thursday this week, the International Monetary Fund (IMF) published its latest fiscal oil price breakeven in the statistical appendix of its Middle East overview. These are important figures, as they reflect the fiscal situation of the countries in the Gulf Cooperation Council (GCC), when compared to current oil prices.
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9th November, 2023
State-owned investors continued to slash their Chinese equity holdings in 2023 due to heightened geopolitical risks, poor returns and reduced IPOs.
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17th October, 2023
Kuwait’s recently appointed Minister of Finance Fahd al-Jarallah has referred alleged legal violations by the London office – the Kuwait Investment Office (KIO) – of the country’s sovereign wealth fund to the public prosecutor.
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