Wednesday , 22 November 2017

Tag Archives: Wealth

Saudi Arabia reform push targets wealth fund doubling assets

Saudi Arabia presented ambitious plans for economic and social renewal before a host of A-list global investors on Wednesday, saying its main sovereign wealth fund wants to increase its financial clout to 1.5 trillion riyals ($400 billion) by 2020. The Public Investment Fund (PIF) announced the assets-under-management goal at a conference showcasing a programme to turn the strictly conservative country …

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Time For Africa

Africa’s compelling fundamentals have set the continent up to become a leading engine of global growth in the decades to come — creating outstanding opportunities for private equity investment in the process. Enduring macro fundamentals including a diverse natural resource wealth, 60% of the world’s uncultivated arable land and what will become by 2040 the world’s largest workforce together make …

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Qatar, Kuwait, UAE and Bahrain Among Top 10 Countries in the World by Proportion of Millionaire Households, says BCG

Private financial wealth in Middle East and Africa grew by 4.7% in 2011, according to a new report by The Boston Consulting Group (BCG). The report, entitled The Battle to Regain Strength: Global Wealth 2012, is BCG’s twelfth annual look at the global wealth-management industry and addresses the current size of the market, the state of offshore wealth , the …

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