2nd June, 2025
Dubai’s first IPO of 2025 – a Real Estate Investment Trust launched by state-owned investor Dubai Holding – has been a resounding success.
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12th May, 2025
Bahrain’s sovereign wealth fund, Mumtalakat, reversed a colossal BHD497 million (US$1.32 billion) loss in 2023 to a record-breaking net profit of BHD363 million (US$963 million) in 2024.
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21st March, 2025
On Thursday, Dubai Holding confirmed it is part of a consortium that is taking over Nord Anglia, an UK private school chain that operates 80+ day and boarding schools in 33 countries, teaching over 90,000 students from ages 3 to 18.
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5th December, 2024
Franco-Saudi relations have been bolstered by the signing of a US$10 billion MoU between France’s state-owned investor Bpifrance and Saudi Arabia’s Public Investment Fund (PIF).
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1st October, 2024
Bahrain may be the smallest country in the GCC in terms of population and economy, but its Sovereign Investment industry is well developed, with two active SWFs: one for stabilization and savings function (Future Generation Reserve, or FGR) and another one for strategic and development purposes (Mumtalakat). The FGR had been a relatively low-profile SWF until 2020, when the government of Bahrain withdrew US$ 450 million, or half of its assets back then, to maintain economic stability. The withdrawal was followed by a change in the deposit rules, and the fund has been growing again thanks to new inflows and strong investment returns.
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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