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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

SWFs ‘eye Nakheel investment’

Posted on 21 October 2008

From Tradearabia.com: Nakheel, a leading Dubai-based developer, said it had been approached by Gulf sovereign wealth funds keen to invest in the region.

“What I do see is a lot of Gulf sovereign wealth funds are beginning to come and see Nakheel and I’m surprised why do they want to see us?” Kar Tung Quek, chief financial officer, told Reuters on the sidelines of a real estate conference in the Saudi capital….. Full Article: Source


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