That came as Saudi Arabia's Public Investment Fund, which was the most active in 2023, slowed down spending and refocused on investing at home.
Mubadala deployed $29.2 billion in 2024, according to research consultancy Global SWF. That was 67% more than a year earlier and far out-paced the 7% wider growth in investments by sovereign funds globally.
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Tenuous Gaza ceasefire
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