Billions of Dollars in Loans to Board Members Draw Spotlight to Gulf Banks

[ad_1] The practice, widely discouraged in the U.S., comes as the U.A.E. extends its financial reach. [ad_2] Source link

The Middle East Becomes the World’s ATM

[ad_1] Flush with cash from an energy boom, Saudi Arabia and other Gulf monarchies eager for global influence are having their moment on the world’s financial stage. [ad_2] Source link

Electric Cars Power China’s Economic Hopes as Internet Titans Take a Back Seat

[ad_1] Investors and talent pile into China’s EV and battery industries that are increasingly engines of country’s growth. [ad_2] Source link

Dates, Coffee and Camels—Saudi Arabia’s Sovereign-Wealth Fund Bets Big at Home

[ad_1] After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at home, often on obscure startups and projects that it…

WSJ News Exclusive | KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion

[ad_1] Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin Random House. [ad_2] Source link

WSJ News Exclusive | Kidney-Care Specialist Diaverum to Be Sold in $2 Billion Deal

[ad_1] Mubadala-backed M42 agreed to buy the operator of 440 dialysis clinics from buyout firm Bridgepoint. [ad_2] Source link

WSJ News Exclusive | Kidney-Care Specialist Diaverum Expected to Be Sold in $2 Billion Deal

[ad_1] Mubadala-backed M42 would buy the operator of 440 dialysis clinics from buyout firm Bridgepoint. [ad_2] Source link

Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund

[ad_1] The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from oil. [ad_2] Source link

Vitol, Nigeria’s Sovereign Wealth Fund Form JV to Invest in Carbon Projects — OPIS

[ad_1] Published: April 5, 2023 at 1:10 p.m. ET Global commodities trader Vitol and Nigeria’s sovereign wealth fund NSIA have established a joint venture called CarbonVista to invest in a…