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Arabian Gulf Business Insight on MSN13h
Kuwaiti fund offloads Bank of America stake for $3bn
Kuwait Investment Authority (KIA) has reportedly sold a $3 billion stake in Bank of America, the second-largest US bank. The shares were offloaded through an unregistered block trade priced at $47.95, ...
Sovereign wealth fund, the Kuwait Investment Authority, is joining Microsoft and BlackRock’s $30 billion fund for developing AI data center infrastructure. As reported by Bloomberg, the Kuwait ...
KUWAIT CITY & ABU DHABI, United Arab Emirates & NEW YORK, June 03, 2025--MGX, BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, and Microsoft today announced that the Kuwait ...
The Kuwait Investment Authority will join the AI Infrastructure Partnership ("AIP"), a group already made up of MGX, BlackRock's (BLK) Global Infrastructure Partners ("GIP"), and Microsoft (MSFT ...
BlackRock Is Accused of a Plot Against Coal. The Firm Says That’s ‘Absurd.’ An unusual lawsuit in Texas claims investment firms illegally conspired to fight climate change.
SINGAPORE (Reuters) -Temasek has joined a consortium backed by Microsoft, BlackRock and tech investment company MGX to invest and expand artificial intelligence infrastructure, according to ...
MGX, BlackRock, Global Infrastructure Partners, and Microsoft Welcome Kuwait Investment Authority (KIA) to the AI Infrastructure Partnership.
The Kuwaiti sovereign wealth fund becomes the first non-founder financial anchor investor to join the company formed by MGX, Microsoft and BlackRock ...
Kuwait Financial Centre “Markaz” recently hosted an exclusive event for clients to hear insights into private markets and private credit from BlackRock, one of the world’s largest investment ...
KUWAIT CITY & ABU DHABI, United Arab Emirates & NEW YORK--(BUSINESS WIRE)-- MGX, BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, and Microsoft today announced that the Kuwait ...
MGX, BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, and Microsoft today announced that the Kuwait Investment Authority (KIA) will join the AI Infrastructure Partnership (AIP ...