by Mohamed Al-Bishi | Jul 23, 2014 | Business
Riyadh, Asharq Al-Awsat—New authority for Saudi Arabia’s Public Investment Fund to establish companies will boost its investments both inside and outside the Kingdom, Finance Minister Ibrahim Al-Assaf said on Tuesday. Assaf told Asharq Al-Awsat that a new cabinet...
by Mohamed Al-Bishi | Apr 20, 2014 | Business
Washington, DC, Asharq Al-Awsat—A new joint public–private investment company set up by the Saudi government will be its main investment arm for the industrial and manufacturing sectors as the Kingdom looks to diversify its economy, according to Saudi Arabian Finance...
by Mohamed Al-Bishi | Apr 14, 2014 | Business
Washington, DC, Asharq Al-Awsat—The US is responsible for delaying long-awaited IMF reforms, Saudi Finance Minister Ibrahim Al-Assaf told Asharq Al-Awsat on the sidelines of the Spring Meetings of the IMF and World Bank in Washington, DC on Saturday. “The finance...
by Mohamed Al-Bishi | Jan 30, 2014 | Business
London, Asharq Al-Awsat—Abu Dhabi’s sovereign wealth fund (SWF), the Abu Dhabi Investment Authority (ADIA), is the world’s second largest in terms of overall assets, according to a quarterly list published by the Sovereign Wealth Fund Institute. The ADIA, which has...
by Mohamed Al-Bishi | Dec 5, 2013 | Business
London, Asharq Al-Awsat—Egypt and the Gulf have the largest economies in the Arab world, but are facing vastly different challenges. Egypt is in the process of recovering from an unstable political transition, while its vital tourist sector has witnessed significant...