Mideast wealth funds draw US scrutiny over China ties – Bloomberg News

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Nov 24 (Reuters) – Middle Eastern wealth funds are facing greater U.S. scrutiny as part of a pushback on entities potentially having closer ties to China, Bloomberg News reported on Friday.

The Committee on Foreign Investment in the United States is reviewing more than half a dozen deals on concerns of national security risks, including deals from Abu Dhabi Investment Authority, Mubadala Investment Co. and Saudi Arabia’s Public Investment Fund, the report said, citing people familiar with the matter.

Reporting by Jyoti Narayan in Bengaluru; editing by Christina Fincher

Our Standards: The Thomson Reuters Trust Principles.

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