Hashem El Sayed, assistant to the prime minister and chief executive of the state-owned enterprises (SOE) unit, stated that 40 companies are currently being prepared for transfer to the Sovereign Fund ...
GIC has redeemed US$250 million from New York-based Jain, according to people with knowledge of the matter. The wealth fund was one of the earliest backers of Jain. It will take as much as two years ...