Oman sets up OMR2bn fund to oversee government investments
Oman’s new fund offers funding and investment solutions to various investor categories including private sector organisations, SMEs and startups.
Source: gulfbusiness.com
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How world sees GCC: Region's sovereign wealth funds on the rise
The GCC region has been named the "region of the year" when it comes to sovereign wealth funds, according to Global SWF
Source: gulfbusiness.com
Kuwait to set up another sovereign wealth fund | Asia Asset Management
Kuwait’s finance ministry and the Kuwait Investment Authority are said to have been tasked to study plans for the proposed new fund.
Source: asiaasset.com
Kuwait's new sovereign wealth fund Ciyada to boost foreign investment
The Gulf country already has the Kuwait Investment Authority with assets of about $803 billion, making it the fifth-largest sovereign wealth fund globally.
Source: al-monitor.com
Kuwait Plans SWF Ciyada Development Fund
A study is being planned for the launch of Kuwait’s new investment program, an additional sovereign wealth fund. Principle among its goals will be to boost the economy in the country. The name given to the SWF is The Ciyada Development Fund. This fund will make strategic planning and execution of large-scale development projects. Ciyada…
Source: swfinstitute.org