Browsing: fund

RIYADH: Saudi Arabia’s sovereign wealth fund has climbed to fifth in a ranking of state-owned investment organizations, with its net assets reaching $861 billion, according to a new report. 

RIYADH: Saudi Arabia’s entrepreneurship scene witnessed a transformative surge in investment activity at LEAP 2024 – the Kingdom’s highly-attended startup and technology event.

Zambia is planning to start rationing electricity next week as a devastating drought that has been declared a national disaster affects hydropower generation, as well as food production

 CAIRO: Egypt secured an additional $5 billion in loans from the International Monetary Fund on Wednesday after the central bank raised interest rates and allowed the pound to plunge in value by nearly 40 percent.

This increase has exceeded 180 percent, and there was a 220 percent rise in employers registered with the fund from the private sector in the first quarter of 2024

CAIRO: Startup momentum in the Middle East and North Africa region is on the rise, with the eagerly awaited technology…

The head of state added that any business that operates in Russia must have guarantees of the inviolability of their assets and new investments

RIYADH: Jordan’s energy and green economy sectors are set to receive over $100 million in investment annually, according to a top official.

RIYADH: The Tourism Development Fund has signed a memorandum of understanding with Dan Company, a subsidiary of Saudi Arabia’s sovereign wealth fund Public Investment Fund, to support investments in the Kingdom’s agritourism sector.

According to the report, current trends “undermine income convergence and increase the vulnerability of economies to external shocks”