Featured S. Arabia plans Nupco IPO Aya Anwar Jul 15, 2024 0 Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) is advancing with an IPO for Nupco, the…
Featured Saudi wealth fund eyes national airline for possible takeover Aya El Sayed Mar 17, 2024 0 Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, is in preliminary discussions to buy the national…
Featured Middle East to become sole region boasting $3tn funds Aya Anwar Mar 13, 2024 0 The Middle East, abundant in oil wealth, is on the brink of becoming the sole region boasting three trillion-dollar…
Money Apollo targets stake in AlShaya’s Starbucks Aya El Sayed Feb 8, 2024 0 Apollo Global Management Inc., a U.S. private equity firm, is negotiating to acquire a minority stake in the…
unclassified S. Arabia mulls reviving Aramco share sale Nada Ali Jan 31, 2024 0 Saudi Arabia is considering a reviving plan for a follow-on share offering in Saudi Aramco to raise at least $10…
Featured S. Arabia eyes investment in semiconductors, space industries Sama Mousa Jan 16, 2024 0 Saudi Arabia’s sovereign wealth fund is set to invest in semiconductor and space industries in 2024 to accelerate…
MENA News S. Arabia’s PIF buys 23.08% stake in MEPCO Nada Ali Jan 4, 2024 0 Saudi Arabia's Public Investment Fund (PIF) announced on Thursday that it has acquired a 23.08 per cent in Middle…
MENA News Saudi Arabia plans in talks to invest $250mln into Chinese car maker Nada Ali Nov 8, 2023 0 Saudi Arabia’s Public Investment Fund (PIF) is reportedly negotiating to invest at least $250 million into…
unclassified TAQA expands in Egypt as strategic hub for services Nada Ali Oct 10, 2023 0 Industrialization and Energy Services Company (TAQA) aims to position Egypt as a regional hub and a robust gateway…
Tech/AI Saudi SALIC increases stake in NADEC by 6.2% Sama Mousa Sep 19, 2023 0 The Saudi Agricultural and Livestock Investment Company (SALIC) increased its stake in the National Agricultural…