Fund

UAE funds

UAE funds are investment vehicles, typically sovereign wealth funds, managed by the United Arab Emirates government to invest capital globally across various asset classes.

Why it’s in the news: They are in the news as potential investors in a massive US$30 billion funding round for OpenAI.

Latest on UAE funds

  • OpenAI in US$30 billion round talks with UAE funds, BlackRock
  • OpenAI is in talks to raise US$30 billion from UAE funds and BlackRock.

Connections

3 entities linked to UAE funds across the news graph.