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Middle East wealth funds are scrambling to rescue their big bets on the future

The sovereign wealth funds of Saudi Arabia and Abu Dhabi have made big bets on tech firms that now find themselves struggling.

By: Business Insider

Aug 09 2024
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Middle East wealth funds are scrambling to rescue their big bets on the future

Saudi Arabia's sovereign wealth fund has put more cash into EV maker Lucid.Fabrice Coffrini/AFP via Getty Images

Saudi Arabia and Abu Dhabi's sovereign wealth funds have had a busy few years… [+5102 chars]

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Biden vs Harris on the Middle East: Same dance, different steps