Wealth Fund
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Business
Saudi Arabia transfers more Aramco oil shares to wealth fund
Saudi Arabia has put a second four-percent chunk of shares of the Aramco oil giant, worth tens of billions of…
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Business
The world’s largest sovereign wealth fund loses $174 billion in the first half, cites inflation and war in Europe
The $1.3 trillion fund returned a negative 14.4% during the period, as stocks and bonds reacted violently to global recession…
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Business
Turkiye, UAE wealth funds create $300M tech fund
Tech fund aims to grow Turkiye’s technology ecosystem, says press release by Turkiye Wealth Fund A $300 million tech fund…
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Business
Turkey’s sovereign wealth fund seeks banks’ Türk Telekom stake
Turkey Wealth Fund (TWF) is seeking a loan for the purchase of Türk Telekom shares and has approached banks holding…
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Turkiye
Turkey Wealth Fund receives $1.48B syndication loan
Fund completes syndication loan transaction with 14 banks from countries in Asia, Europe, North America, and Mideast The Turkey Wealth…
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Turkiye
World’s largest wealth fund’s investments in Turkey reach $812M
The total investments of Norway’s sovereign wealth fund in Turkish companies have reached $812 million as of the end of…
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Business
Norway wealth fund buys Turkish candy seller 7.7% share
With purchase world’s largest sovereign wealth fund expands its investments in Turkey’s various sectors Norway’s state pension fund has purchased…
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Turkiye
Turkish insurance sector starts to a new era: Turkiye Sigorta Company
According to a statement from the Turkiye Sigorta Company; Ziraat Bank, Halkbank and Vakıfbank’s insurance and pension shareholdings are gathered…
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Business
Turkiye Sigorta launched, 6 insurance companies merged to form a global giant
Insurance company to become strong market actor in its region as well as in global competition, President Erdogan says Turkiye…
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Turkiye
Turkey Wealth Fund to raise value of Turkcell
Partnership to show historical performance in global trade, says finance minister The Turkey Wealth Fund (TWF) will raise the value…
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