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

Kuwait suspends formation of new companies, IPO over economic constraints

The Kuwait Investment Authority has ordered a temporary halt to the creation of new companies and the listing of companies on the country’s stock market, citing the prevailing strained economic environment, reports say. Official sources, Arab News notes, told Al-Anba, Read more