Top Middle East sovereign wealth funds invested $38.2 billion in 58 deals
Investments in H1 2024 led by the top Middle East sovereign wealth funds reached$38.2 billion in 58 different deals, according to industry tracker Global SWF, Zawya reports.The amount invested by the ‘Oil Five’ - Saudi’s PIF, Abu Dhabi’s ADIA, Mubadala and ADQ, and Qatar’s QIA - is more than double...
Oil
Eni profit falls due to dip in oil prices
Q2 net profit fell by 18% to $637 million.
Emirates NBD H1 profit $3.40bn
Total income rose by 12 percent in the same period.
ADIB H1 pre-tax profit $1.08bn
Q2 pre-tax net profit increases by 14 percent.
AstraZeneca to invest $50bn in US
Bulk of funds to go into a Virginia manufacturing center.
UAB net profit up by 50% for H1
Total assets increase by 11 percent.
