Home » Middle Eastern Sovereign Wealth Funds »


|| Middle East investors considering a strategic investment in BP

BP.jpgFinancial institutions in the Middle East are considering a strategic investment in BP, the oil giant racked by problems caused by the oil spill in the Gulf of Mexico - The National is reporting.

According to The National, Middle East sovereign wealth funds (SWFs) have a record of support for big western companies in trouble. During the credit crisis, the SWFs of Qatar and Abu Dhabi took stakes in western banks such as Citigroup and Barclays. BP has a long history in the Gulf, having begun life as the Anglo-Persian Oil Company. In the 1980s, the Kuwait Investment Authority took a large stake in BP as the prelude to a possible full takeover that was eventually blocked by the British government.

To see Middle East private equity and venture capital firms check our Middle East investors directory

The full National article follows



Previous Post: Abu Dhabi Investors and Tesla Motors IPO
Next Post: Bahrain-based Investcorp acquired US Legal Services Firm

More from Middle Eastern Sovereign Wealth Funds ...


  Middle East investors subscribed to 36% of Hong Kong $1 billion Sukuk (September 2014)

  The oldest surviving bank in the world selling stake to Qatar investors (February 2014)

  Oman Investment Fund to buy 5 percent of India's NCDEX stake (August 2011)

  Abu Dhabi fund an investor in the $1.1 billion lease of Chicago's parking meters (June 2011)

  ADIA's Infinity Investments SA acquired stake in gas pipeline for $800 million (June 2011)

  Mumtalakat and ADIA looking at new asset classes and regions (February 2011)

  Middle East investors considering a strategic investment in BP (July 2010)

  Libyan investment firm acquired stake in Pearson publishing for $324 million (June 2010)

  Qatar sovereign wealth fund the largest spender of 2009 (May 2010)

  Bahrain's sovereign wealth fund eyes global assets (May 2010)




|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.


|| Subscribe















Copyright 2007-2018 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter