Showing posts with label sovereign wealth fund. Show all posts
Showing posts with label sovereign wealth fund. Show all posts

Monday, January 12, 2026

Israel's sovereign wealth fund accumulates NIS 8.8b since 2022

Good news! The fund is growing fast. Israel like Norway made a smart decision to set up such a wealth fund!

"Up to the end of 2025, Israel’s sovereign wealth fund, or to give it its proper title The Citizens of Israel Fund, had accumulated NIS 8.8 billion from royalties and levies on the super-profits of the gas partnerships. Of this amount, NIS 7.3 billion represents final sums against which appeals cannot be lodged. In total, NIS 1.3 billion was collected in 2025, up from NIS 1 billion in 2024. ...

The Citizens of Israel Fund was set up in June 2022, four years after the planned date. ..."

Israel's sovereign wealth fund accumulates NIS 8.8b - Globes "NIS 1.3 billion was transferred to the fund in 2025, up from NIS 1 billion in 2024."

Monday, February 03, 2025

Trump signed an executive order to create a U.S. sovereign-wealth fund

Good news! Like Norway or Saudi Arabia! Simply breathtaking the speed of decisions by President Trump!

"He suggested it could be used to keep TikTok operating but didn’t explain how. It isn’t clear where the money for a fund would come from. Most funds of this kind hold surplus revenue from natural resources, such as Saudi Arabia’s oil. But the U.S. has significant budget and trade deficits as well as robust private markets where investors can back initiatives that the president says he wants the new fund to invest in."

The Wall Street Journal What's news

Tuesday, November 26, 2024

Suriname President Promises Oil Wealth for All Citizens with "Royalties"...

Good news! Suriname and neighboring Guyana hit a jackpot with the recent discovery of significant offshore fossil fuel deposits. The country also plans to set up a sovereign  wealth fund like Norway.