Sovereign wealth funds

Saudi Arabia Tops Sovereign Wealth Spending League, Snatches the Spot From Singapore

Saudi Arabia's Public Investment Fund (PIF) has emerged as the world's most active sovereign investor in 2023, with deals worth billions of dollars.


IMF, World Bank Approve Historic $4.5 Billion Debt Relief for Somalia

The International Monetary Fund (IMF) and World Bank have approved $4.5 billion in debt forgiveness for Somalia...

Sebi upgrading surveillance for CommExes

India's securities market regulator Sebi is upgrading and strengthening its surveillance system on commodity exchanges (CommExes). Recently, Sebi has barred 16 commodity trading members from trading f..

BC Clean-tech alliance seeks $500-mln fund from Trudeau

B.C. clean-tech companies have requested Prime Minister Justin Trudeau to allocate a $500 million venture capital (VC) fund. An alliance comprising 51 clean-tech and investment firms from B.C. provinc..


Latest News

Rosneft inks MOU with CNPC for East Siberian venture stake purchase
Russian oil firm Rosneft signed an agreement with China National Petroleum Corp for the latter to purchase a 49% stake in the Russian oil producer's East Siberian venture.
Kuwait invests in prime London real estate
The Kuwaiti Investment Authority's property division St Martins is in discussion to purchase the More London complex.
Banks to repay ECB crisis loans
On Friday, the European Central Bank said it would receive an early repayment of loans from banks next week valued at EUR5.199 billion.
Poland to sell Euro denominated bonds post US shutdown
Poland, in order to finance the fourth quarter of the year, intended to sell Euro denominated bonds to increase the liquidity.
Share sale allows Beijing Enterprises Water to raise USD 145 million
Beijing Enterprises Water raised USD 145 million from selling shares to its controlling shareholder Beijing Enterprises Environmental Construction.
Dismissal of eminent domain case appealed to higher court
Richmond resident trustees have filed an appeal on a decision made by US District Judge Charles Breyer dismissing the eminent domain case.
Obama urges Congress to move on after settled debt issue
US President Barack Obama had urged the Congress to move along with other agendas after reaching a deal to end the partial shutdown of the country.
House GOP leaders approve Senate proposed deal
According to officials who sought anonymity, House Speaker John Boehner and other Republican leaders in the House would approve the Senate drafted deal on the debt ceiling and the budget.
US Senators reach deal to end shutdown
The bipartisan leaders of the US Senate had finally agreed to end the partial shutdown of the United States and raise its borrowing authority, said a report from Bloomberg.
Serbian delegation to meet in Abu Dhabi for loan agreement
Serbia's committee for economic cooperation would be travelling to the UAE to discuss a loan agreement.
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