Dossier
Moonton Technology
Coverage of Moonton Technology in the Nexus archive.
- Gulf funds step up dealmaking despite Iran war
Gulf sovereign wealth funds increased dealmaking by $26 billion in March-May 2024, despite regional tensions from the Iran war and oil revenue disruptions due to the Strait of Hormuz closure. Saudi Arabia’s Public Investment Fund led with a $6 billion investment in Chinese game developer Moonton Technology, while Qatar Investment Authority slowed its pace of investing.