The infusion of money from interests in the two Persian Gulf monarchies reflects the close ties to Middle Eastern countries established by Jared Kushner, former President Donald Trump’s son-in-law.
Tag: Sovereign Wealth Funds
King Charles Inherits Riches, and Passes Off His Own Empire
As prince, Charles used tax breaks, offshore accounts and canny real estate investments to turn a sleepy estate into a billion-dollar business.
Seeking Backers for New Fund, Jared Kushner Turns to Middle East
Former President Donald J. Trump’s son-in-law is trying to raise capital for his investment firm and is turning to a region that he dealt with extensively while in the White House.
Yasir al-Rumayyan Missing From Saudi Arabia’s Investment Conference
The unexplained absence of Yasir al-Rumayyan, who oversees the kingdom’s sovereign wealth fund, has highlighted concerns about a lack of transparency.
U.S. Imposes Stiff Sanctions on Russia, Blaming It for Major Hacking Operation
After years of wrist slaps under President Donald J. Trump, the new measures are intended to have a noticeable effect on the Russian economy.
Russia Sets Mass Vaccination for October After Shortened Trial
The announcement raised concerns that Russia would begin inoculations and declare victory in the race for a coronavirus vaccine without fully testing its product.
Goldman Is in Talks to Settle Malaysia Fund Scandal
A settlement with federal prosecutors could be reached by the end of next month.
SoftBank Chief Won’t Shun Saudi Arabia Despite Killing
Masayoshi Son, the chief executive of Japan’s SoftBank Group, condemned the murder of the journalist Jamal Khashoggi but added that “we cannot turn our backs on the Saudi people.”