sovereign-wealth-fund
8 stories related to this topic, newest first.
news.google.comSaudi NEOM to Spend $16B Canceling Contracts While Allocating $11B for OXAGON and Utilities Through 2030
Saudi authorities plan to spend 60 billion riyals terminating long-term NEOM agreements from 2026 to 2030, exceeding planned new construction spending at the site.
finance.yahoo.comMalawi Mining Project Seeks Nasdaq Listing, Renews Sovereign Wealth Fund Debate
Mkango Resources filed documents with the U.S. Securities and Exchange Commission to list its rare earth mining unit. The filing has prompted discussion about establishing a sovereign wealth fund to manage future revenues from the Songwe Hill project.
en.globes.co.ilAustralia Debates 25% Tax on Gas Exports Ahead of Federal Budget
A senate hearing revealed that Australia collects more tax revenue from beer than from gas exports. Campaigners and economists have called for a 25% tax on gas exports, estimating it could raise A$17 billion annually. Prime Minister Anthony Albanese has ruled out the tax, citing…
jpost.comSaudi Arabia Denies Authorizing U.S. Use of Bases or Airspace for Strait of Hormuz Escort Operation
Saudi Arabia has denied the United States access to its military bases and airspace for a proposed shipping protection operation in the Strait of Hormuz. The decision forced the cancellation of the plan. Saudi Arabia's $1 trillion sovereign wealth fund separately opened a second…
BloombergCanada Plans Announcement of Sovereign Wealth Fund in Economic Update
Canadian officials have indicated plans to announce the creation of a sovereign wealth fund. The announcement is set to occur as part of a broader economic policy update. Details on the fund's structure and objectives are expected to be outlined.
azernews.azAzerbaijan's State Oil Fund Sells 22 Tons of Gold After Allocation Hits Maximum Threshold
Azerbaijan's sovereign wealth fund sold approximately 22 tons of gold in the first quarter of 2026. The sale came after a record-breaking rally elevated the fund's gold allocation to its upper limit. @business reported the details of the transaction.
Substrate placeholder — needs reviewSaudi Arabia's Sovereign Wealth Fund Cuts Spending Due to Cash Constraints
Saudi Arabia's sovereign wealth fund is reducing its expenditures amid financial pressures. This involves scaling back on major projects and international investments. The adjustments reflect ongoing cash strains as reported by The Wall Street Journal.
Substrate placeholder — needs reviewNorway Sovereign Wealth Fund Maintains 50% Allocation to U.S. Equities Amid War Risks
Norway's $2.1 trillion sovereign wealth fund has decided to retain approximately 50% of its assets in U.S. equities. The fund cites the strength of American markets despite fallout from the Iran war. Officials have noted potential risks from higher energy prices and slower econom…