Saudi wealth fund plans first multibillion dollar loan

Saudi wealth fund plans first multibillion dollar loan: Lenders that participate in the deal will form the core banking group for the PIF

SoftBank Vision fund manager is said to hire Rahman for Mideast operations

SoftBank Vision fund manager is said to hire Rahman for Mideast operations: Former Deutsche Bank executive Faisal Rahman will help manage relations with the Vision Fund s two key backers Saudi Arabia s PIF and Mubadala

Egypt eyes sovereign fund by year end to shake up state assets

Egypt eyes sovereign fund by year end to shake up state assets: New investment arm will seek to generate additional wealth from under-utilised state assets rather than investing surplus oil and gas revenues

Mubadala to compete for global deals with $250b portfolio

Mubadala to compete for global deals with $250b portfolio: The fund s objective says Mubadala chief is to generate an attractive rate of return

Mubadala, Greece’s Taneo to create €400m co-investment platform

Mubadala, Greece’s Taneo to create €400m co-investment platform: The two entities to target investment opportunities in Greece

Saudi fund venture to buy stake in Accor properties

Saudi fund venture to buy stake in Accor properties: Accor Europe s biggest hotel operator is divesting assets in mature markets as it seeks to expand in emerging economies

Saudi sovereign fund chief says outlook for Uber is positive

Saudi sovereign fund chief says outlook for Uber is positive: EU s top court ruled on Wednesday that Uber should be classified as a transport service and regulated like other taxi operators