Ziad Melhem

Oman Investment Authority, Bahrain Mumtalakat Holding Company ("Mumtalakat"​), Kuwait Investment Authority, Qatar Investment Authority, Public Investment Fund (PIF), Abu Dhabi Investment Authority (ADIA), and Mubadala collectively manage around $4 trillion in assets. ◼️ These sovereign wealth funds (SWFs) were set up to preserve wealth for future generations and diversify away from oil, mainly by investing abroad. But strategies have shifted. Today, they are placing greater focus on domestic economies, while also demanding technology transfer and knowledge spillovers in their foreign investment terms to boost local development. ◼️ A recent IMF working paper highlights the impact of this shift: a 1% increase in SWFs’ domestic investment (as a share of GDP) is linked to 0.4% growth in non-oil GDP over four years. Even more striking, 1% of foreign investments (FDI) leads to over 1.2% growth in non-oil GDP over the same horizon. This explains why, despite the trillions managed locally, GCC countries continue to aggressively attract FDI. ◼️ Traditionally, FDI into the GCC flowed to hydrocarbons. But in recent years, it has broadened into finance, logistics, hospitality, IT, real estate, and manufacturing, and these flows have continued despite global headwinds and geopolitical tensions. 📌 Beyond growth, FDI is also critical for jobs, in #Oman for example, 1 in 10 jobs is powered by FDI. ◼️ The paper further shows that GCC SWFs remain the main channel for outward investments, accounting for about 80% of the region’s outward flows. But are now emerging as dominant domestic investors, making up roughly 50% of local investment. ◼️ And add to that the fact that intra-GCC investments now make up about 25% of all FDI flows, a sign that the region is strengthening its own internal economic links. Table: Summary of the data used (2000-2023), deal values are in billion USD

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📰 𝐍𝐄𝐖𝐒 | AIIB has successfully completed its 2025 public funding program with a USD2 billion 3-year SEC-registered benchmark bond, attracting strong global investor demand. Highlights: ▪️Orderbook of over USD6.2 billion from 110+ investors ▪️Re-offer spread of +31bps vs mid swaps (3.5bps over US Treasuries) ▪️AIIB’s third SEC-registered USD benchmark in 2025 – a first for the Bank ▪️95% of annual funding program now completed, including 9 benchmarks in 7 currencies This transaction strengthens AIIB’s USD curve and demonstrates the depth of support from our global investor base. Commenting on the issuance, AIIB Treasurer Domenico Nardelli said, “We are thrilled to conclude the 2025 funding program with such a strong result. This year, AIIB has completed nine benchmark issuances across seven currencies, reflecting the exceptional support from our global investor base and their confidence in AIIB’s mission.” 🤝 Many thanks to our Joint Lead Managers: HSBC, Morgan Stanley, RBC Capital Markets, and TD Securities. 🔗https://lnkd.in/gvM7aCHT #AIIBTreasury #Infrastructure4Tomorrow #i4t

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SMBC successfully executed a USD 1bn syndicated term loan for Saudi Electricity Company (SEC). The transaction was solely coordinated and underwritten by SMBC which also led the structuring, documentation, execution and syndication, ensuring a seamless and efficient process from start to finish.     The financing was significantly oversubscribed, attracting participation from 22 leading Asian lenders. This enabled SEC to further diversify its funding sources, broaden its investor base, and enhance its visibility in Asian Financial Markets.      This transaction reinforces SMBC’s position as a trusted partner to leading Middle Eastern corporates and a leader in cross border syndicated lending between Asia and the Middle East. #TeamSMBC

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Why investment choice matters? Nader Bassit, Managing Director of Corporate Advisory & Investment Banking at Mada Capital, shares the key criteria we look for in private equity targets and why we go beyond the numbers. From market resilience to founder vision to cultural alignment. Because capital is more than money. It's trust, strategy, and a shared ambition. #InvestmentStrategy #FinancialPlanning #CapitalMarkets #EconomicOutlook #FamilyOffice #InstitutionalInvestment #BusinessFinance #DubaiFinance

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