France, Egypt, Malta set up EMENA Sovereign Wealth Funds Foundation

Malta Government Investments (MGI), the Sovereign Fund of Egypt (SFE), and French public investment bank Bpifrance have signed to found the European, Middle East, and North Africa (EMENA) Sovereign Wealth Funds Foundation in Malta, the three said in a statement. Read more

Kuwaiti Sovereign Fund retains position of world’s third largest sovereign Fund

The Kuwaiti Sovereign Fund also known as the Kuwait Investment Authority (KIA), has remained world’s third largest sovereign funds with assets on the increase, about $45 billion, reports say. The new ranking by The International Institute for Global Sovereign Funds Read more

Kuwait’s wealth Fund appoints new board of directors

The Kuwait Investment Authority (KIA), the Gulf state’s sovereign wealth fund, has appointed a new board of directors, reports citing the cabinet. The new board approved by cabinet is made of Khaled Ali Al-Fadil, Sheikh Mishaal Jaber Al-Ahmad, Fahd Muhammad Read more

Kuwait Investment Authority mulls plans to invest in five companies in Egypt

Kuwait’s sovereign wealth Fund also known as Kuwait Investment Authority (KIA) is planning to makes investment in five companies operating in Egypt, in next coming two years, reports say. Ahmed El-Khatib, Chief Investment Officer at Ekuity Holding, KIA investment arm Read more

Bahrain: GIB updates $4bn bond plan

The Gulf International Bank has released updates concerning its 4bn Euro Medium Term Note (EMTN) program on the London Stock Exchange. The released prospectus of the bank which is dated the 25th of September gave details about the issuance program. Read more