PIF ranked seventh with a score of 92 (on the GSR score of 100), followed by Mubadala (88), among the SWFs. Regionally, the Middle East saw the biggest improvement from 32 percent in 2020 to 52 percent in 2023. It said Saudi PIF is managing to make its unparalleled growth sustainable by...
Fitch affirms AA- rating to Emirates Development Bank
The bank, which is a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, has also been assigned an ‘aa-’ Government Support Rating (GSR).
