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.
- The funds have been on a huge investment spree beyond the Gulf, with tech a particular focus.
- Turns out not all those investments are quite going to plan.
On the global stage, few have been as active in flaunting their cash in recent years as the Middle East's most powerful money men.
Заголовки