The Latest Breaking News from Fund

Russia risk to Falkirk Council's pension fund is 'miniscule'

Falkirk Council's pensions committee was told they have no direct investments in Russian companies, but the turmoil created by the invasion could affect the fund.

Daily Record · Mar 17, 2022

Saudi Crown Prince Launches New Strategy for National Development Fund

Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister, and Chairman of the National Development Fund (NDF), launched on Monday the Fund’s strategy. The strategy was announced during a meeting of the NDF’s Board of Directors. The strategy aims to make the fund a pivotal enabler for the economic and…

Asharq Al-Awsat · Mar 14, 2022

IMF says working on bilateral donor trust fund for Ukraine

The International Monetary Fund is working on a new Ukraine trust fund instrument to allow bilateral donor countries to contribute resources to the war-torn country as it battles a Russian invasion, an IMF official said on Monday.

Reuters · Mar 14, 2022

Increase funding or abandon hope of ending malaria, TB and Aids, UK warned

Global Fund urges UK and other donors to pledge billions to get efforts to end diseases by 2030 ‘back on track’ after catastrophic impact of Covid

The Guardian - UK · Feb 23, 2022

Saudi Arabia to Provide Financial, Logistical Support to Investors in Tourism

Saudi Arabia’s Tourism Development Fund said it was ready to partner with the chambers of commerce and the relevant sectors to promote the tourism industry and achieve projects’ sustainability. The Fund aims to enable one of the most vital sectors in the Kingdom, attract tourism investments and stimulate developments, in…

Asharq Al-Awsat · Feb 20, 2022

Saudi Crown Prince Says 4% of Aramco Shares Moved to Sovereign Wealth Fund

Saudi Arabia's Crown Prince Mohammed bin Salman announced the transfer of 4% of Saudi Aramco shares to the Public Investment Fund, Saudi Arabia's sovereign wealth fund, state news agency SPA reported on Sunday. The Crown Prince said the state remains the largest shareholder in Saudi Aramco after the transfer process,…

Asharq Al-Awsat · Feb 13, 2022

Saudi Sukuk Issuance to Increase by 37 Percent

Saudi sukuk issuances increased by 37 percent during the past year on an annual basis, according to S&P Global Ratings. The announcement was made as the global credit rating agency, Moody’s, assigned the Public Investment Fund (PIF) with a first-time issuer rating of A1 and a scorecard indicated rating of…

Asharq Al-Awsat · Feb 8, 2022

One-third of ₹10,990 crore in PM CARES fund spent: ‘20-’21 audit

₹3,976 crore spent during 2020-21; ₹100 cr promised for vaccine development not allotted

The Hindu · Feb 7, 2022

Guardian documentary The Black Cop nominated for a BAFTA Film Award

The Black Cop, a short film commissioned by Guardian Documentaries and supported by the BFI Doc Society Fund (awarding National Lottery funding), has been nominated for a BAFTA Film Award.

The Guardian - UK · Feb 3, 2022

OPEC Fund Provides $1.5 Bn in New Development Financing

The OPEC Fund for International Development committed $1.5 billion to global development last year, focused on helping its partner countries to increase economic resilience strengthen economic growth and job creation through support for micro, small and medium-sized enterprises (MSMEs). The OPEC Fund, which marked its 46th anniversary on 28 January,…

Asharq Al-Awsat · Jan 31, 2022