Business

Business

Saudi Arabia’s sovereign wealth fund sets its sights on 2030

The Public Investment Fund has approved a new five-year strategy that charts the next chapter of Saudi Arabia’s economic transformation. Moving from a period of rapid expansion into a phase of sustained value creation, the fund is restructuring its global portfolio around three distinct investment pillars. With assets under management that have grown six-fold since 2015, the ambition for the coming decade is clear: to consolidate gains, deepen domestic ecosystems and strengthen the kingdom’s position as a destination for global capital

Business

Abu Dhabi’s sovereign wealth giant eyes stake in Bezos AI venture

One of the world’s most powerful sovereign wealth funds is in early discussions to invest in Project Prometheus, the artificial intelligence company co-led by Jeff Bezos that is raising tens of billions of dollars to acquire businesses disrupted by AI technology. The move signals a broader shift in how institutional capital is positioning itself ahead of what many consider the most consequential technological transition in decades, and suggests that sovereign funds are no longer content to observe from the sidelines

Business

Qatar Investment Authority backs 5C Investment Partners in $3bn direct lending expansion

A significant partnership between one of the world’s most influential sovereign wealth funds and a US-based private credit firm signals a broader shift in how large-scale capital is being deployed outside traditional banking channels. The Qatar Investment Authority has committed to supporting 5C Investment Partners as the firm expands its direct lending platform, currently managing approximately $3bn in long-term investable capital. The move reflects growing institutional appetite for private credit at a time when the financing landscape is undergoing considerable structural change.

Business

Kuwait at 65: A nation building on solid foundations

As Kuwait marks its 65th National Day, the scale of the country’s recent achievements puts the celebration in sharp relief. Sovereign wealth fund assets have crossed the $1 trillion threshold, the Kuwait Stock Exchange has posted gains exceeding $31 billion, and the nation has secured a place among the world’s top ten most innovative economies. These are not aspirational targets. They are recorded milestones from a single year, and they tell a compelling story about a country operating with quiet, considerable confidence

Business

The great wealth migration: Why Dubai is becoming the world’s private capital hub

The global wealth landscape is shifting at pace. A $124 trillion intergenerational transfer expected by 2048 is forcing investors, families and advisers to rethink everything, from asset allocation to geography. At the centre of this reorientation sits Dubai, and specifically its Dubai International Financial Centre, which is positioning itself as the destination of choice for the world’s most mobile private capital. The numbers tell a compelling story

Business

Dubai Unveils $3.5 Billion Technology District to Drive Economic Transformation

Dubai has announced a major expansion of its Silicon Oasis development, centred on District IO, a purpose-built innovation hub designed to accommodate more than 6,500 technology companies. The AED12.8 billion project targets emerging sectors including artificial intelligence, quantum computing and robotics, whilst supporting the emirate’s broader economic diversification strategy through substantial foreign investment and job creation

Business

Dubai Reimagined: Where Architecture Meets Ambition

The emirate’s latest chapter unfolds across 365 vertical metres, private archipelagos and algorithm-powered kitchens. From the world’s tallest hotel to AI-curated menus, Dubai’s 2025 landscape demonstrates how technical precision and creative vision can share the same postcode. What emerges is a city that’s stopped chasing spectacle for its own sake and started building experiences that justify the hyperbole