Sovereign Wealth Quarterly April 2021 Edition
Posted on 04/05/2021
Sovereign Wealth Quarterly April 2021 Edition
The April edition is now online for subscribers to read.
To access, login into SWFI.com and go under REPORTS.
This is our 52th issue of the Sovereign Wealth Quarterly.
Key Stories
21 Law Firm Dechert Denies Mistreating Former UAE Official During Fraud Probe
27 Khazanah’s Operating Profit Falls Around 61% in 2020
28 Judge Lets Revlon Creditor Keep Citi’s Process Botched $500 Million Payment
30 Masdar Inks Agreement with Samruk-Kazyna to Explore Renewable Energy Opportunities in Kazakhstan
34 Tencent Cloud Deploys its First MENA Region Internet Data Center Hub in Bahrain
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Masdar Inks Agreement with Samruk-Kazyna to Explore Renewable Energy Opportunities in Kazakhstan
Posted on 02/26/2021
Established in 2006, Masdar, Abu Dhabi Future Energy Company, is a company engaged in renewable energy and sustainable urban development. Masdar is under the umbrella of Mubadala Investment Company. Masdar and Samruk-Kazyna, the sovereign wealth fund of the Republic of Kazakhstan, have signed a strategic agreement to explore renewable energy opportunities in Kazakhstan and support the country’s clean-energy objectives. The two companies signed a Memorandum of Understanding (MoU) to explore the joint development of renewable energy projects, and the potential establishment of a joint venture.
“As a global leader in renewable energy projects, active in more than 30 countries, Masdar is well positioned to help the Republic of Kazakhstan achieve its clean energy objectives,” said Mohamed Jameel Al Ramahi, CEO of Masdar in a press release. “We look forward to co