Latest in Saudi Wealth Fund
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The Laken Riley Act is a good start, but it needs funding
Congress to provide the government with the funds it needs to enforce the mandatory detention provisions in the Immigration and Nationality Act.The Hill - 15h -
There’s little to keep the stock market down as retiring boomers share their wealth
Market strategist Ed Yardeni: Expect the S&P 500 to hit 7,000 this year and 8,000 in 2026MarketWatch - 15h -
World's biggest sovereign wealth fund warns markets at risk from tariff-fueled inflation
"If you look at the risk to financial markets, I think inflation is for sure one, all driven by tariffs."CNBC - 21h -
Saudi wealth fund ramps up efforts to tap ETF investors
Public Investment Fund stumps up $200mn as seed investor in SSGA’s Europe-listed bond fund in support of Vision 2030Financial Times - 1d -
Saudi Arabia set to buy stake in Pakistan copper and gold mining project
Kingdom plans to purchase up to 20% share in $9bn complex as it looks to accelerate its diversification away from oilFinancial Times - 1d -
Sources: Saudi still chasing Vinícius Júnior move
Saudi Arabia's Public Investment Fund (PIF) are continuing to work on a transfer deal for Real Madrid star Vinícius Júnior, sources have told ESPN.ESPN - 1d -
Billionaires' wealth skyrocketing, anti-poverty group says ahead of Davos
Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.CBS News - 1d -
Wealth of world’s billionaires grew by $2tn in 2024, report finds
Rate of wealth growth last year was three times faster than 2023, Oxfam inequality research reveals. The wealth of the world’s billionaires grew by $2tn (£1.64tn) in 2024, three times faster than ...The Guardian - 1d -
World could soon see its first trillionaires, Oxfam says, as billionaire wealth surges
Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said in its annual inequality report.NBC News - 2d -
Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos
Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990ABC News - 2d -
Hospital funding announcement next week, BBC told
A Department of Health and Social Care spokesperson said the government planned to rebuild the NHS.BBC News - 2d -
Independent secures funding from Bill Gates’ foundation
It has given British media group more than $700,000 to fund journalism in ‘under reported’ parts of the worldFinancial Times - 3d -
Riyadh’s property boom puts home ownership beyond reach of many Saudis
Property price surge in the capital has rendered house and apartment prices unaffordable for average citizenFinancial Times - 3d -
Bond funds are offering a ‘double whammy’ for investors
Many of these funds are trading at deep discounts and may have tempting distribution yieldsMarketWatch - 3d -
Wealth of US ‘oil-garchs’ went up 15% in nine months as industry figures plan Trump inauguration party
Oil and gas firms have given more than $75m to Trump’s campaign and stand to benefit from his ‘drill, baby drill’ plan. As Joe Biden warns in his farewell address as president that “an oligarchy is ...The Guardian - 3d -
Sharia pension funds swell amid returns boost
Funds outperform their default peers over the past decadeFinancial Times - 4d -
The Guardian view on Biden’s warning of oligarchy: Trump and the malefactors of wealth | Editorial
The outgoing president was right, in his farewell address, to warn of the dangers posed by the billionaires around the table. . Aristocrats are “the most difficult Animals to manage, of anything in ...The Guardian - 5d -
Scott O'Neil takes over as the CEO of Saudi-funded LIV Golf
Scott O'Neil is officially the new CEO of LIV GolfABC News - 6d -
Women held keys to land and wealth in Celtic Britain
DNA analysis suggests Iron Age societies in Britain were built around women rather than men.BBC News - 6d -
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Barça's Supercopa win delivers the drama the Saudis wanted
Sunday's final was exactly what the hosts had hoped for: a Clasico full of thrills and superstars on show.ESPN - Jan. 13 -
Lluís Cortés: From Barcelona glory to women's football in Saudi Arabia
Four weeks after Real Madrid made history in 2020 by winning the first expanded Spanish Super Cup in Saudi Arabia, the women’s equivalent took place in Salamanca, Spain. The men’s final in Jeddah...Yahoo Sports - Jan. 13 -
Ministers from 17 countries meet for Saudi talks on speeding aid to Damascus
Riyadh meeting also discussed keeping pressure on Syria’s new leadership to meet commitment to inclusive transition. Ministers from 17 Middle East and western countries have met in Riyadh to ...The Guardian - Jan. 12 -
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Chess: newly-married Carlsen signs up with Bundesliga, Freestyle and Saudis
The World No 1, who wed Ella Victoria Malone last Saturday, will play for St Pauli in the Bundesliga, where he may meet the new classical champion, Gukesh Dommaraju. Magnus Carlsen, the 34-year-old ...The Guardian - Jan. 10 -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - Jan. 10 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
Saudi Arabia May Partner With UFC Owner TKO to Create Boxing League
A company owned by the country’s sovereign wealth fund is poised to team up with TKO, which owns Ultimate Fighting Championship, the kingdom’s latest foray into pro sports.The New York Times - Jan. 8 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
World Cup award adds pressure to Saudi Arabia’s construction challenge
Sporting plans bulk out kingdom’s project pipeline as it seeks to reduce dependence on oil revenuesFinancial Times - Jan. 6 -
This money bias is 'the biggest barrier to building wealth,' says financial psychologist
Putting off some key financial moves because they seem too complex? You could be costing yourself over the long run.CNBC - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
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Ronaldo on 2yrs in Saudi: Happy, but I want more
Cristiano Ronaldo has declared on his two-year anniversary with Saudi Pro League side Al Nassr that he's hungry for more titles.ESPN - Jan. 4 -
Saudi Arabia and U.A.E. Tread Cautiously With Syria’s New Leaders
The two Mideast powerhouses have been trying to block the rise of Islamist groups in the region for two decades. The rebel takeover in Damascus will test that approach.The New York Times - Jan. 3 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2 -
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Saudi Arabia says it executes 6 Iranians for drug smuggling
Saudi Arabia says it has executed six Iranian men over drug smuggling, sparking strong objections from Iran at a time when the two countries are trying to mend relationsABC News - Jan. 1
