Putin Seizes Rights to St. Petersburg Airport From Foreign Investors
President Vladimir Putin ordered the transfer of all the rights to managing St. Petersburg’s Pulkovo airport from foreign
2023-12-01 18:52
Signa Files for Insolvency as Cash Crunch Fells Luxury Empire
Tycoon Rene Benko’s Signa filed for insolvency after a last-ditch attempt to raise emergency funding failed, making the
2023-11-29 18:57
Signa Insolvency Wave Nears as Last-Ditch Fund Talks Falter
Rene Benko’s €23 billion ($25 billion) retail and property empire is on the cusp of a wave of
2023-11-27 20:45
Mubadala to Anchor Private Credit Fund for European Property
Mubadala Investment Co. said it will be an anchor investor in a new special situations fund set up
2023-11-22 16:27
Altman Sought Billions For AI Chip Venture Before OpenAI Ouster
In the weeks leading up to his shocking ouster from OpenAI, Sam Altman was actively working to raise
2023-11-20 01:59
US Security Officials Reviewing Mubadala Fortress Deal, FT Says
The Committee on Foreign Investment in the US is reviewing Mubadala Investment Co.’s planned takeover of Fortress Investment
2023-07-25 15:45
Middle Eastern Wealth Flows to China Amid Anxiety About US Ties
Oil-rich gulf monarchies are leveraging their wealth to deepen ties with China amid anxiety about the future of
2023-07-16 09:19
Kuwait’s $700 Billion Wealth Fund Is Being Eclipsed by Ambitious Neighbors
As Middle Eastern sovereign wealth funds emerge as the go-to investors for some of the biggest deals, the
2023-07-10 12:57
Mubadala-Backed UAE Lender Bulks Up With Ex-Citi, Natixis Hires
Abu Dhabi Commercial Bank PJSC has hired former Citigroup Inc. and Natixis SA bankers to key positions in
2023-07-03 17:26
Big VC, Tech Got Backstop for Billions in Uninsured SVB Deposits
When federal regulators stepped in to backstop all of Silicon Valley Bank’s deposits, they saved thousands of small
2023-06-23 18:59
Qatar’s Wealth Fund to Buy Stake in NBA’s Washington Wizards
In a first for US sports, Qatar’s sovereign wealth fund has struck a deal to buy a stake
2023-06-23 14:16
Marcelo Claure of SoftBank Fame Has a New Venture Firm
Marcelo Claure, the former chief operating officer of SoftBank Group Corp., has a new gig: executive chairman and
2023-06-14 18:48