The hotels, among Egypt’s grandest, include the Cataract in Aswan, the Winter Palace in Luxor, the Mena House in Cairo and the Cecil in Alexandria
The newly established fund will hold stakes in entities including utility giant Dubai Electricity and Water Authority, toll operator Salik and Dubai Taxi Company
An investment from Mubadala could help Manipal Hospitals to expand its business
The kingdom in June sold more than $3bn in US government debt, offloading the securities for a third consecutive month
The country’s sovereign wealth fund said its return on investment last year touched 8.8 per cent, which allowed it to contribute substantially to support the general budget
Sovereign wealth funds like the QIA have been increasingly looking at private credit, providing evidence of the market’s rapid growth
The company will invest in swathes of Egypt’s economy from infrastructure and real estate to pharmaceuticals
Lucid said it would start delivering the vehicles by the second quarter of 2023
The Abu Dhabi fund would make the acquisition through its energy arm
Mubadala sold a 12 per cent stake in Aldar to Alpha Dhabi Holding
The wealth fund holds stakes in some of the world’s top companies
The reshuffle comes as the PIF and its subsidiaries prepare to significantly increase domestic spending
It will continue to invest in Japanese equities but only through its external managers
ADQ has been evaluating the Bausch business, known as Amoun Pharmaceutical Co
Houston-based Cheniere operates two export facilities: Corpus Christi in Texas and Sabine Pass in Louisiana
It will now be held on January 26-28
The government could still face a budget deficit of over 13 per cent of gross domestic product in 2020
The stockpile climbed by about SAR3bn ($800m) to reach $445bn
The government is looking to its largest-ever debt programme to keep the depletion of reserves limited to SAR120bn
The fund last month built an 8.2 per cent stake in cruise operator Carnival Corp. after shares slumped due to the fallout of the coronavirus pandemic