Since 2023, Mubadala’s investments jumped 67% while PIF’s dropped 37%
sovereign wealth fund
Latest in sovereign wealth fund
Abu Dhabi
Abu Dhabi named world’s richest city for sovereign wealth funds with $1.7tn in assets
Abu Dhabi overtakes Oslo as the world’s richest city for sovereign wealth fund assets
Abu Dhabi
UAE President Sheikh Mohamed in Egypt for $110bn Ras El Hekma launch; development to house 2m people and create 750,000 jobs
UAE President Sheikh Mohamed witnesses launch of $35bn Ras El Hekma development in Egypt
Abu Dhabi
Mubadala and CBC acquire UCB’s pharma business in China
UCB’s mature business includes immunology, neurology and allergy portfolio as well as its manufacturing unit in Zuhai
economic diversification
Saudi Vision 2030: PIF creates over 730,000 new jobs
PIF-backed projects like Riyadh Air and Qiddiya City are set to boost non-oil GDP and create over 525,000 jobs and drive non-oil economic growth
financial sustainability
Saudi Arabia’s PIF improves to second in Global SWF’s GSR ranking
The Saudi sovereign fund improves its Governance, Sustainability and Resilience score from 92% to 96%
Asset Management
Saudi Arabia’s PIF ranks as world’s most valuable sovereign wealth fund
With a brand value of $1.1 billion, PIF topped the sovereign wealth fund category, driven by its strong investment strategy, brand awareness, perceived trustworthiness, and role as a catalyst for economic advancement in Saudi Arabia
PIF
PIF signs agreement to become women’s tennis ranking’s naming partner
This follows the recent announcement that the season-ending WTA Finals will be hosted in Riyadh for the next three years