Sovereign wealth funds

President Obama confirms significant al Qaeda threat

In an interview on "The Tonight Show with Jay Leno", President Obama confirmed the presence of a significant al Qaeda threat.


Warsaw Stock Exchange wants 30% stake of Aquis Exchange

The Warsaw Stock Exchange (WSE), also known as the Giełda Papierów Wartościowych w Warszawie (GPW), said it aims to purchase an equity stake of up to 30% from Aquis Exchange.

IFC to invest more in Nigeria

International Finance Corporation revealed it would be increasing its investments in Nigeria by 25% to US$2 billion by 2014.

Co Antrim's Mivan bags multimillion deals from Saudi Arabia and London clients

Mivan, the Northern Ireland-based specialist contractor, clinched deals totaling GBP 20 million from its clients in London and Saudi Arabia.


Latest News

Shanghai Tower's top beam was recently installed and now the interiors are to be completed. The tallest building in the financial district of Shanghai and all of China is nearing completion.
Lockheed Martin announced that it is developing a plan to make the upgrades of equipment that will be used by next-generation helicopters of the US Army more convenient and less expensive.
The Indian government decided to postpone its 5% divestment proposal in BHEL for the time being. Plans of the Indian government to divest in BHEL were shelved today citing the company's low share price.
The governments of New Zealand and Taiwan created the Pan Pacific Capital Fund, a joint venture capital which is the first of its kind.
The opposition bloc in Norway stated that the government of Norway needed to revisit its US$740 billion sovereign wealth fund to improve its returns.
Unitech stated that it is mulling deals from at least two international private equity firms for its 3.6 million square feet special economic zone property in Gurgaon.
After fearing US sanctions, Pakistan decided to ask Iran's government to finance a USD8.1 billion gas pipeline project.
China's top decision-making body said that it will work to ensure the growth of its economy. The Politburo, China's top decision-making body, declared that it will ensure the growth of its economy.
US President Barack Obama proposed a plan that would satisfy both Democrats and Republicans alike. On Tuesday, US President Barack Obama proposed a plan called the "grand bargain for middle-class jobs".
King Abdullah bin Abdul Aziz of Saudi Arabia launched mega investments to create jobs. King Abdullah bin Abdul Aziz of Saudi Arabia launched different development projects amounting to SR327 billion or US$81 billion on Thursday.
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