Saudi Arabia’s PIF trims Nintendo stake amid future investment plans
Saudi Arabia’s Public Investment Fund (PIF) has reduced its stake in Nintendo Co., selling 17.3 million shares…
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Public Investment Fund (PIF)
Egypt PM: Saudi’s planned $5 bln investment separate from CBE deposit
Egypt's Prime Minister Moustafa Madbouly explained on Thursday that the anticipated $5 billion Saudi Arabian…
Saudi Arabia’s PIF to inject $5b investment in Egypt
Saudi Arabia's Crown Prince Mohammed bin Salman said on Monday the kingdom's sovereign wealth fund, the Public…
PIF secures $15b revolving credit facility
The Public Investment Fund (PIF) has secured a $15 billion revolving credit facility for general corporate…
Saudi Aramco profit falls 3.4% in Q2 ’24
Saudi Arabia's state oil producer Aramco reported a 3.4 per cent decline in second-quarter net income on Tuesday.
S. Arabia’s Manara Minerals explores lithium investment in Chile
Manara Minerals, a joint venture between Saudi Arabia's Ma'aden and the Public Investment Fund (PIF), is evaluating…
S. Arabia plans Nupco IPO
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) is advancing with an IPO for Nupco, the…
Saudi wealth fund eyes national airline for possible takeover
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, is in preliminary discussions to buy the national…
Middle East to become sole region boasting $3tn funds
The Middle East, abundant in oil wealth, is on the brink of becoming the sole region boasting three trillion-dollar…
Apollo targets stake in AlShaya’s Starbucks
Apollo Global Management Inc., a U.S. private equity firm, is negotiating to acquire a minority stake in the…
