The investment aligns with the United Arab Emirates’ broader push to establish itself as a global technology and crypto hub.

Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.

Abu Dhabi wealth fund MGX invests $2 billion in Binance using stablecoins, setting a new record for crypto-related investments.

Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said.

The Wall Street veteran, who briefly worked with Elon Musk, is reportedly being tapped for President Donald Trump's agenda to ...

Binance announced Wednesday that Abu Dhabi-based AI and tech investor MGX has put $2 billion into the company, paid in stablecoins.

Washington may not have a sovereign wealth fund, but almost half the U.S. states do. Indeed, the earliest precursor of a ...

Ambitious economic development plans, growth of private credit markets, and sovereign wealth funds are putting the Middle ...

Abu Dhabi's sovereign wealth fund, Mubadala investment Company, has made a significant entry into the Cryptocurrency market by acquiring $436.9 million worth of shares in BlackRock's iShares ...

It is the largest sovereign wealth fund in the world today, managing $1.7 trillion, about 3.5 times the Scandinavian nation’s annual economic output. Abu Dhabi’s $1 trillion wealth fund is ...

Sovereign wealth funds are ... in listed entities, the fund sometimes owns companies outright. The fund invested in companies that played a role in Singapore’s growth, like PSA International ...