Browsing: money

In March 2024, PIF’s assets under management surpassed $925 billion, up from $700 billion at the end of 2022

RIYADH: China’s growing interest in the Middle East continues as the country’s sovereign wealth fund partnered with Bahrain’s Investcorp to establish a $1 billion investment pot. 

Billionaire financier has bought $400 million of debt owed by radio platform Audacy, which was going through a bankruptcy process

The top 10 military spenders in 2023 were the United States, China, Russia, India, Saudi Arabia, the United Kingdom, Germany, Ukraine, France, and Japan

Honey production has also seen a notable rise, reaching 3,120 tons annually in 2023, a 41% increase compared to 2021

The announcement followed a record $35bln investment deal with UAE and coincided with a sharp devaluation of the currency and a 600-basis-point increase in the central bank’s overnight interest rates, breathing new life into Egypt’s flagging finances

The issuance is valid for three months with Rate of Return 4.375% KUWAIT – The Central Bank of Kuwait (CBK)…

MOSCOW, March 29. /TASS/. The Russian Finance Ministry plans to float federal loan (OFZ) bonds amounting to one trillion rubles ($11 bln) in the second quarter of 2024, the Ministry said.

Malta, Luxembourg, and Hungary have reportedly warned against directing the proceeds generated by the frozen assets to Ukraine’s military

Egypt on March 6 cut the Egyptian pound to about 50 to the dollar from just under 31 pounds, where it had been fixed for the previous 12 months