Abu Dhabi was a global backwater when it started exporting oil six decades ago, with a population of 30,000, few paved roads ...

Kazyna, has disclosed that it sold a majority share in regional operator Qazaq Air for 1.02 billion tenge ($2 million). The ...

They are especially suited for investing in high-risk, capital-intensive and long-horizon tech ventures Read more at The ...

President Trump has made no secret of his admiration of the vast riches of Gulf states and their sovereign wealth funds. His executive order to establish an American equivalent is rooted in the belief ...

A sovereign wealth fund is a government-owned and operated investment vehicle. They are often funded with money derived from the sale of finite resources such as oil. This preserves the money for the ...

OSLO (Reuters) - Norway's $1.6 trillion sovereign wealth fund will maintain its goal of investing 70% of its assets in the stock market, Finance Minister Jens Stoltenberg said on Monday following a ...

Norges Bank Investment Management — the largest sovereign wealth fund in the world — on Thursday reported a first-quarter loss of 415 billion kroner ($40 billion), citing weakness in the tech sector.

President Donald Trump has called for the creation of a sovereign wealth fund (SWF) "in order to promote the long-term financial health and international leadership of the United States." But what ...

The Norwegian sovereign wealth fund announced that it will support five of Metaplanet’s proposals during its special meeting ...

Kenya's cabinet has approved the creation of an infrastructure fund and a sovereign wealth fund to finance projects such as ...

Loading the Elevenlabs Text to Speech AudioNative Player... As I stood in line to enter the Rose Garden in April alongside steelworkers clad in hard hats and auto workers proudly sporting their union ...

President Donald Trump on Thursday may have extinguished hopes for an idea that didn’t really make sense to begin with — for the U.S. to start a sovereign-wealth fund, a proposal he previously ...