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Abu Dhabi Royal To Invest In Banker Rajeev Misra's New $6.8 Billion Vehicle
As Gulf oil wealth flows to all corners of the globe - backing mega mergers, propping up economies and upending the world of sport - moves by a key member of Abu Dhabi's ruling family have positioned him as one of world's most influential dealmakers.
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A $600 Billion Wealth Fund Is Caught In A Political Power Struggle
A $600 billion sovereign wealth fund is caught in the crosshairs of a political power struggle that's roiling one of the world's richest countries.
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Middle East's $2 Trillion Wealth Could Be Gone by 2034, Says IMF
The Arab monarchies of the Persian Gulf face a budget reckoning and risk squandering their $2 trillion in financial wealth within 15 years as oil demand nears peak levels, according to the International Monetary Fund.
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Mukesh Ambani Calls for Movement Against 'Data Colonisation'
Reliance Industries Chairman Mukesh Ambani said that Indian data must be "owned and controlled" by Indians.
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Saudi Wealth Fund Set To Double To $400 Billion By 2020
Saudi Arabia's sovereign wealth fund is set to double to $400 billion on kingdom's efforts to boost private-sector growth and wean itself off oil export dependence.
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World's Biggest Wealth Fund Hits $1 Trillion Value For First Time
Established in the 1990s, the fund set the record thanks to the appreciation of the world's major currencies against the dollar and a good stock market health.
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The Victor, The Spoils? Donald Trump Eyes Afghanistan's Elusive Mineral Riches
US President Donald Trump is eyeing Afghanistan's mineral wealth to help pay for a 16-year war and reconstruction efforts that have already cost $117 billion. Investors who have studied the country, one of the world's most dangerous, say that is a pipe dream
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Persian Gulf Crisis Over Qatar, Which Has Just 300,000 Citizens, Explained
Qatar, with just over 300,000 citizens, has played an outsize role on the world stage because of its great wealth of oil and natural gas.
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Oil India To Buy Back Rs 1,527-Crore Shares
Share buybacks offer a route for companies to return some wealth to their shareholders, while potentially boosting their stock prices.
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The Tiny Gulf Country With A $335 Billion Global Empire
Qatar is regaining its appetite for deals. In the past two months alone, the world's richest country per capita invested in Turkey's biggest poultry producer, Russian oil giant Rosneft, and U.K. gas company National Grid.
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Saudi Arabia Boosts Wealth Fund With $27 Billion Injection
Saudi Arabia, hurt by low oil prices, has drawn down foreign reserves and cut spending while it funds a budget deficit that reached about 15 percent of gross domestic product last year.
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Saudi Arabia Sees Its Oil Reserves Lasting Another 70 Years
The nation's wealth is based mainly on oil, with crude sales accounting for 75 percent of total export earnings, according to the prospectus.
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Bongo Aims To Extend 50-Year Family Rule In Gabon Election
Gabon voted on Saturday amid discontent over its failure to raise living standards despite oil wealth, in a poll posing the biggest challenge yet to President Ali Bongo, whose family has dominated the central African nation for half a century.
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Finance Minister Arun Jaitley's Wealth Declines By Rs 6 Crore In A Year
The value of Union Finance Minister Arun Jaitley's wealth declined Rs 6.02 crore (8.9 per cent) to Rs 60.99 crore in fiscal year 2015-16, as against Rs 67.01 crore in the previous fiscal year (2014-15), according to official data.
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Outflow to Rise as Arab Sovereign Wealth Funds May Pull Out: Credit Suisse
The sharp fall in crude prices, now at an 11-year low, is leading to withdrawal symptoms among sovereign wealth funds in the Arab world, which may hasten foreign capital outflows from the domestic market, Swiss brokerage Credit Suisse said on Tuesday.
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Abu Dhabi Royal To Invest In Banker Rajeev Misra's New $6.8 Billion Vehicle
As Gulf oil wealth flows to all corners of the globe - backing mega mergers, propping up economies and upending the world of sport - moves by a key member of Abu Dhabi's ruling family have positioned him as one of world's most influential dealmakers.
-
A $600 Billion Wealth Fund Is Caught In A Political Power Struggle
A $600 billion sovereign wealth fund is caught in the crosshairs of a political power struggle that's roiling one of the world's richest countries.
-
Middle East's $2 Trillion Wealth Could Be Gone by 2034, Says IMF
The Arab monarchies of the Persian Gulf face a budget reckoning and risk squandering their $2 trillion in financial wealth within 15 years as oil demand nears peak levels, according to the International Monetary Fund.
-
Mukesh Ambani Calls for Movement Against 'Data Colonisation'
Reliance Industries Chairman Mukesh Ambani said that Indian data must be "owned and controlled" by Indians.
-
Saudi Wealth Fund Set To Double To $400 Billion By 2020
Saudi Arabia's sovereign wealth fund is set to double to $400 billion on kingdom's efforts to boost private-sector growth and wean itself off oil export dependence.
-
World's Biggest Wealth Fund Hits $1 Trillion Value For First Time
Established in the 1990s, the fund set the record thanks to the appreciation of the world's major currencies against the dollar and a good stock market health.
-
The Victor, The Spoils? Donald Trump Eyes Afghanistan's Elusive Mineral Riches
US President Donald Trump is eyeing Afghanistan's mineral wealth to help pay for a 16-year war and reconstruction efforts that have already cost $117 billion. Investors who have studied the country, one of the world's most dangerous, say that is a pipe dream
-
Persian Gulf Crisis Over Qatar, Which Has Just 300,000 Citizens, Explained
Qatar, with just over 300,000 citizens, has played an outsize role on the world stage because of its great wealth of oil and natural gas.
-
Oil India To Buy Back Rs 1,527-Crore Shares
Share buybacks offer a route for companies to return some wealth to their shareholders, while potentially boosting their stock prices.
-
The Tiny Gulf Country With A $335 Billion Global Empire
Qatar is regaining its appetite for deals. In the past two months alone, the world's richest country per capita invested in Turkey's biggest poultry producer, Russian oil giant Rosneft, and U.K. gas company National Grid.
-
Saudi Arabia Boosts Wealth Fund With $27 Billion Injection
Saudi Arabia, hurt by low oil prices, has drawn down foreign reserves and cut spending while it funds a budget deficit that reached about 15 percent of gross domestic product last year.
-
Saudi Arabia Sees Its Oil Reserves Lasting Another 70 Years
The nation's wealth is based mainly on oil, with crude sales accounting for 75 percent of total export earnings, according to the prospectus.
-
Bongo Aims To Extend 50-Year Family Rule In Gabon Election
Gabon voted on Saturday amid discontent over its failure to raise living standards despite oil wealth, in a poll posing the biggest challenge yet to President Ali Bongo, whose family has dominated the central African nation for half a century.
-
Finance Minister Arun Jaitley's Wealth Declines By Rs 6 Crore In A Year
The value of Union Finance Minister Arun Jaitley's wealth declined Rs 6.02 crore (8.9 per cent) to Rs 60.99 crore in fiscal year 2015-16, as against Rs 67.01 crore in the previous fiscal year (2014-15), according to official data.
-
Outflow to Rise as Arab Sovereign Wealth Funds May Pull Out: Credit Suisse
The sharp fall in crude prices, now at an 11-year low, is leading to withdrawal symptoms among sovereign wealth funds in the Arab world, which may hasten foreign capital outflows from the domestic market, Swiss brokerage Credit Suisse said on Tuesday.
