Oman wealth fund buys stake in Elon Musk’s AI company
Elon Musk said that the partnership with XAI would yield results in developing superintelligent AI capable of solving numerous problems...
Category : Wealth Management
Billionaires moving to UAE to grow wealth: UBS
The expansion of private family offices in the United Arab Emirates is another indication of this wealth transfer...
Broadridge acquires Kyndryl’s wealth management platform, shifts focus to AI trading solutions
With the acquisition of Kyndryl's wealth management platform, Broadridge, which is part of the S&P 500 Index, continues to solidify its position in the industry...
IF Insights: Qatar’s household wealth shows tremendous growth
Qatar's growth story is one of a nation returning to its historical pattern rather than a dramatic break from the rest of the area...
Qatar sees fastest growth in non-energy sectors and household wealth
In June 2024, financial services companies in Qatar reported an even stronger increase in both new contracts and overall business activity...
Further boost for Saudi Vision 2030? PIF swings to USD 36.8 billion profit in 2023
Saudi Arabia has invested hundreds of billions of dollars through the PIF in projects under the Vision 2030 plan...
Good days ahead for Saudi Arabia? Around 300 millionaires to relocate to Kingdom
By the 2024 end, the United States and Singapore will have welcomed 3,800 and 3,500 millionaires, respectively, making the UAE the top destination...
Gulf-based sovereign wealth funds spent USD 2.3 billion in China in 2023
Gulf sovereign wealth funds have been making tangible steps to realise the two-way investment corridor with Hong Kong as a gateway to China...
Saudi wealth fund PIF set to issue sterling-denominated bonds
Official data from Saudi Arabia shows that the private sector non-oil growth was stable in May, with the Purchasing Managers’ Index slightly decreasing to 56.4 from 57 in April...
Start-up of the Week: Meet Illio, the comprehensive investment intelligence platform
Illio was born to give investors premier analytics to help them manage wealth to the best of their ability...