Brazil Special Opportunities Fund I is Mubadala's first fund in Brazil.

The Islamic Development Bank (IsDB) approved the establishment of the Afghanistan Humanitarian Trust Fund (AHTF), which will channel humanitarian and development assistance to Afghanistan. The AHTF will be administered by the IsDB, which welcomed the OIC invitation to its member states, Islamic financial institutions, donors, and other international partners to...

The transfer was part of Saudi Arabia’s long-term strategy to support the restructuring of its economy, in line with Vision 2030.

The Zakat Fund has recorded total revenues of $6 billion in 2021, an increase of 5 percent over the same period in 2020.

The Israel government has approved the plan for a joint fund with the UAE for investment in high-tech firms and ideas.

Cars, alcohol, and tobacco would not be exempted from customs fees, Jordanian Finance Minister Mohammad al-Ississ has said.

Water loss reduction projects can also boost water reserves, upgrade water facilities in the Jordan Valley and maintain water and irrigation infrastructure.

UNRWA Commissioner-General Philippe Lazzarini has acknowledged that stagnating donor funding for close to a decade remained below the amount needed to provide quality services. At the same time, as the refugee population continued to grow, poverty and vulnerabilities skyrocketed.

The emergency funding was set up to help nations that have been severely impacted by the Covid-19 pandemic.

Germany will provide €15 million to ensure that 50,000 Palestinian refugee children in Gaza and 46,000 in the West Bank have continued access to learning in UNRWA schools.

Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed held talks with Turkish President Recep Tayyip Erdogan in Ankara on Wednesday, opening a new chapter in relations between the regional rivals. Later the UAE announced a $10 billion fund for investments in Turkey, state media reported.

Qatar Fund for Development (QFFD) has signed a five-year agreement with Gavi, the Vaccine Alliance, and donated $10 million between 2021 and 2025 to support Gavi's efforts to enhance equitable and sustainable access to vaccines in low-income countries. Under the agreement, QFFD will support Gavi to enhance access to vaccines...

Net profit for the third quarter stood at AED 32 million.

Qatar has tied up with Rolls Royce to set up a fund worth billions, investing in green engineering projects with a focus on an engineering hub in the UK. The project has the potential to create 10,000 jobs.

STV is aiming to raise at least $1 billion for its second Middle East technology investment fund, making it potentially the biggest fund of its kind in the region

The Saudi Industrial Development Fund has unveiled a set of programs and initiatives as part of its annual meeting to empower the private sector today.

The TGV 4 Plus fund, which has been oversubscribed, focuses on blockchain firms primarily in late-stage equity funding Series B and C, in areas like entertainment and AI.

The $100-million fund, mainly supported by Saudi investors, will target 34 micro, small, and medium enterprises.

DUBAI: HSBC Saudi Arabia has said it is offering the first environmental initiative investment fund in the kingdom, which will provide eligible investors exposure to renewable energy, clean transport, sustainable water management and climate change adaptation. The company said the HSBC Global Equity Climate Change Fund will provide interested customers...

The Fund III is focused on direct investments in North America and Europe in media, sports and entertainment, consumer and food services, financial and Industrial services. Mubadala manages $9 billion of assets in third-party managed funds across its private equity, public equities and venture capital.

In order to advance the digital infrastructure in the kingdom, Saudi Arabia will launch a $15 billion technology fund in partnership with private companies.

During the month the Real Estate Development Fund has deposited the money into accounts of Saudi citizens benefiting from the Sakani program.

The company will invest in the UK, Europe, the MENA region, South Asia, North America Sharia-compliant investment industry is available across 80 countries but remains relatively new in Western markets Ethos Invest, the UK-based firm, seeks to raise $1.38 billion through a new Shariah-compliant fund, and become the world’s largest...

Abu Dhabi’s sovereign wealth fund Mubadala Investment Company has offloaded A$363 million ($274.82 million) share in Oil Search, which has major stakes in Papua New Guinea’s emerging liquefied natural gas (LNG) sector. Mubadala sold a 4.5 percent stake in Oil Search Ltd, the oil and gas producer said in a...

The merger would reduce costs and help increase investment returns The merged entity now boasts of assets worth $250 billion In the wake of the merger of Saudi Arabia’s two biggest funds, the kingdom can now compete with the world’s largest insurance investors. The Saudi Cabinet last week approved the...

The term of the board overseeing the fund expired two months ago This dispute is also delaying investment and economic reforms Kuwait’s has a mega sovereign fund worth some $600 billion, but lately it has been losing its shine as it has become a victim of vicious political confrontation between...