{"id":628326,"date":"2024-07-02T00:00:00","date_gmt":"2024-07-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/"},"modified":"2024-07-02T00:00:00","modified_gmt":"2024-07-02T00:00:00","slug":"gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/","title":{"rendered":"GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF"},"content":{"rendered":"

GCC sovereign wealth funds accounted for more than half of the value of all state-backed <\/strong>investments made so far this year<\/strong>, according to GlobalSWF<\/a>. In 1H 2024, GCC funds including the Abu Dhabi Investment Authority (Adia), Saudi Arabia\u2019s Public Investment Fund (PIF), and Qatar Investment Authority (QIA), backed some USD 52 bn worth of transactions \u2014 their largest share since 2009. <\/p>\n

Oil revenues bolstered Abu Dhabi funds\u2019 spending: <\/strong>Despite market volatility, Abu Dhabi\u2019s funds, including Mubadala and ADIA, are \u201cmore active than ever,\u201d buoyed by windfall from oil revenues, GlobalSWF Managing Director Diego Lopez said.<\/span><\/p>\n

Leading the pack: <\/strong>Saudi Arabia\u2019s PIF led investment activity globally, expanding its footprint through asset transfers aimed at diversifying the state\u2019s funding sources beyond oil revenues. <\/p>\n

In contrast to Middle Eastern funds\u2019 robust momentum, global state-backed funds trimmed their spending.<\/strong> Asian funds such as Singapore\u2019s GIC and Temasek scaled back their investments, a trend that has resulted in an overall decline in state-backed investment compared to 1H 2023.<\/p>\n

Remember, 2023 was a big year for Gulf wealth funds: <\/strong>GlobalSWF named the GCC the \u201c region of the year<\/a> \u201d on the back of USD 82.3 bn in investment activity in 2023, with assets under management of all GCC funds reaching USD 4.1 tn.<\/p>\n

MARKETS THIS MORNING-<\/p>\n

Asian markets are mixed in early trading this morning<\/strong>, with the Hang Seng leading the gainers (+1.5% at dispatch time) after taking yesterday off for a national holiday. The Kospi (-0.5%) leads the decliners. US equities futures were uniformly (but gently) in the red in overnight trading, while futures for major European benchmarks were largely flat. <\/p>\n

<\/a><\/a> <\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30<\/strong><\/p>\n<\/td>\n

\n

27,970<\/p>\n<\/td>\n

\n

+0.7% (YTD: +12.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CBE)<\/strong><\/p>\n<\/td>\n

\n

Buy 48.21<\/p>\n<\/td>\n

\n

Sell 48.34<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CIB<\/strong>)<\/strong><\/p>\n<\/td>\n

\n

Buy 48.20<\/p>\n<\/td>\n

\n

Sell 48.30<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Interest rates (CBE)<\/strong><\/p>\n<\/td>\n

\n

27.25% deposit<\/p>\n<\/td>\n

\n

28.25% lending<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul<\/strong><\/p>\n<\/td>\n

\n

11,659<\/p>\n<\/td>\n

\n

-0.2% (YTD: -2.6%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

9,060<\/p>\n<\/td>\n

\n

0.0% (YTD: -5.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

4,057<\/p>\n<\/td>\n

\n

+0.7% (YTD: -0.1%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500<\/strong><\/p>\n<\/td>\n

\n

5,475<\/p>\n<\/td>\n

\n

+0.3% (YTD: +14.8%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100<\/strong><\/p>\n<\/td>\n

\n

8,167<\/p>\n<\/td>\n

\n

0.0% (YTD: +5.6%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Euro Stoxx 50<\/strong><\/p>\n<\/td>\n

\n

4,930<\/p>\n<\/td>\n

\n

+0.7% (YTD: +9.0%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude<\/strong><\/p>\n<\/td>\n

\n

USD 86.68<\/p>\n<\/td>\n

\n

+2.0%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas (Nymex)<\/strong><\/p>\n<\/td>\n

\n

USD 2.48<\/p>\n<\/td>\n

\n

-4.7%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold<\/strong><\/p>\n<\/td>\n

\n

USD 2,342.10<\/p>\n<\/td>\n

\n

+0.1%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 63,250.60<\/p>\n<\/td>\n

\n

+2.1% (YTD: +49.7%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

THE CLOSING BELL-<\/p>\n

The EGX30 rose 0.7% at yesterday\u2019s close<\/strong> on turnover of EGP 3.4 bn (22.7% below the 90-day average). International investors were the sole net sellers. The index is up 12.4% YTD.<\/p>\n

In the green: <\/strong>GB Corp (+9.9%), Palm Hills Development (+5.2%), and Juhayna (+4.7%).<\/p>\n

In the red: <\/strong>AMOC (-2.1%), EFG Holding (-1.6%), and Delta Sugar (-0.9%).<\/p>\n

CORPORATE ACTIONS-<\/p>\n

Banque Misr now owns the majority of IDB:<\/strong> State-run lender Banque Misr has increased its stake in the Industrial Development Banque (IDB) to 85.04%, up from just 2%, by increasing the lender\u2019s capital to EGP 5 bn, up from EGP 500 mn, Hapi Journal<\/a> reports, citing courses it describes as informed.<\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi Arabia\u2019s PIF led investment activity globally<\/p>\n","protected":false},"author":1,"featured_media":628327,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[985,72,119,1553,122,7345,734],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-planet-finance","tag-abu-dhabi-investment-authority","tag-enterpriseam","tag-financial-markets","tag-mubadala","tag-planet-finance","tag-public-investment-fund","tag-sovereign-wealth-funds","wpautop","entry"],"acf":{"mongo_id":"d6287193-ee10-4efb-a0be-66470b90c0df","order":"13","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/138.jpg","photo_position":"above","homepage_title":"","full_issue_title":"GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF","related_issue":[628303],"teaser":"Saudi Arabia\u2019s PIF led investment activity globally","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.0443844b-bf98-4d14-b6ac-f1c83e1d995f.mp3"},"yoast_head":"\nGCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF\" \/>\n<meta property=\"og:description\" content=\"Saudi Arabia\u2019s PIF led investment activity globally\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-02T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF\",\"datePublished\":\"2024-07-02T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/\"},\"wordCount\":421,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abu Dhabi Investment Authority\",\"EnterpriseAM\",\"Financial Markets\",\"Mubadala\",\"Planet Finance\",\"Public Investment Fund\",\"Sovereign wealth funds\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/\",\"name\":\"GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-07-02T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/","og_locale":"en_US","og_type":"article","og_title":"GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF","og_description":"Saudi Arabia\u2019s PIF led investment activity globally","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-07-02T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF","datePublished":"2024-07-02T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/"},"wordCount":421,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?fit=%2C&ssl=1","keywords":["Abu Dhabi Investment Authority","EnterpriseAM","Financial Markets","Mubadala","Planet Finance","Public Investment Fund","Sovereign wealth funds"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/","name":"GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?fit=%2C&ssl=1","datePublished":"2024-07-02T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/gcc-sovereign-wealth-funds-post-largest-investment-share-in-15-years-globalswf\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/138.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":617017,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/14\/three-gulf-wealth-funds-inch-closer-to-the-usd-1-tn-mark\/","url_meta":{"origin":628326,"position":0},"title":"Three Gulf wealth funds inch closer to the USD 1 tn mark","author":"enterpriseam admin","date":"14 March 2024","format":false,"excerpt":"UAE, KSA, Kuwaiti wealth funds each inch close to USD tn worth of assets: Gulf sovereign wealth funds have been benefiting from a global market rally, making the region the only home to three wealth funds nearing a close on the USD 1 tn mark, Bloomberg reports. By the numbers:\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1198.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577972,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/gulf-sovereign-funds-are-bidding-for-egypt-desalination-plants\/","url_meta":{"origin":628326,"position":1},"title":"Gulf sovereign funds are bidding for Egypt desalination plants","author":"enterpriseam admin","date":"12 December 2022","format":false,"excerpt":"Gulf sovereign wealth funds are among 28 bidders vying for contracts to build the 21 desalinationplants the government is tendering to the private sector, Atter Hannoura, director of the Finance Ministry\u2019s PPP unit, told Enterprise. Subsidiaries of the wealth funds have submitted bids as part of consortiums with other local\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/220.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543728,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/15\/planet-finance-aldar-lends-fresh-usd-1-4-bn-investment-aramco-muddies-saudi-wealth-funds-green-credentials\/","url_meta":{"origin":628326,"position":2},"title":"Planet Finance: Aldar lends fresh USD 1.4 bn investment + Aramco muddies Saudi wealth fund\u2019s green credentials","author":"enterpriseam admin","date":"15 February 2022","format":false,"excerpt":"Apollo to invest USD 1.4 bn in UAE\u2019s Aldar: Asset manager Apollo Global Management will invest USD 1.4 bn in Aldar Properties in a transaction that will see Apollo acquire a direct minority stake in the real estate firm, Apollo said in a statement. The transaction likely marks one of\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":580789,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/18\/global-sovereign-wealth-funds-didnt-have-a-great-2022\/","url_meta":{"origin":628326,"position":3},"title":"Global sovereign wealth funds didn\u2019t have a great 2022","author":"enterpriseam admin","date":"18 January 2023","format":false,"excerpt":"Even sovereign wealth funds weren\u2019t spared in the 2022 market sell-off: The value of sovereign wealth funds declined for the first time ever in 2022 on the back of the rout in the global equity and bond markets, according to industry specialist Global SWF\u2019s annual report. Sovereign wealth funds \u2014\u2026","rel":"","context":"In "Macro picture"","block_context":{"text":"Macro picture","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/693.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549161,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/06\/three-gcc-sovereign-funds-have-their-eye-on-tes-stake-in-vodafone-egypt\/","url_meta":{"origin":628326,"position":4},"title":"Three GCC sovereign funds have their eye on TE\u2019s stake in Vodafone Egypt","author":"enterpriseam admin","date":"6 September 2022","format":false,"excerpt":"Could Telecom Egypt\u2019s stake in Vodafone Egypt be in play? The Qatar Investment Authority (QIA), Saudi Arabia\u2019s Public Investment Fund, and Abu Dhabi\u2019s ADQ are all eyeing part of state-owned landline monopoly Telecom Egypt\u2019s stake in Vodafone Egypt, a source with first-hand knowledge of the matter confirmed to Enterprise. Bloomberg\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/123.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571848,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/sovereign-fund-of-egypt-enters-swf-global-rankings-at-43\/","url_meta":{"origin":628326,"position":5},"title":"Sovereign Fund of Egypt enters SWF global rankings at #43","author":"enterpriseam admin","date":"2 June 2020","format":false,"excerpt":"Sovereign Fund of Egypt enters SWF global rankings at # 43: The Sovereign Fund of Egypt (SFE) ranks 43rd out of the world's 93 sovereign wealth funds in the Sovereign Wealth Fund Institute\u2019s (SWFI) latest rankings. The fund currently owns assets worth almost USD 12 bn, accounting for 0.14% of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=628326"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628326\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/628303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/628327"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=628326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=628326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=628326"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=628326"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=628326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}