Explainer-What Is a Sovereign Wealth Fund?
Sovereign wealth funds are investment vehicles owned by countries. Most act as an investment account, or as a development tool, or a combination of the two. They are designed to be a nest egg, allowing current money to be deployed in a way that benefits future generations.
The Gulf region emerged as a dominant force in global mergers and acquisitions in 2024, with sovereign wealth funds from ...
Under the current provisions, specified persons (such as sovereign wealth funds and pension funds) may avail exemption on certain income like interest, dividend, long term capital gains on their ...
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