Editors' Picks Countdown to 2030: The Gulf Writes Its New Civilisational Chapter Dina Abdel Fattah Aug 24, 2025 0 The year 2030 is no longer a distant dream, nor a slogan repeated in political speeches. It is a fixed date on the…
Money Gulf issuers eye $6.5bn in bonds Aya Anwar Apr 22, 2025 0 Gulf issuers, led by Saudi Arabia’s $925 billion Public Investment Fund (PIF), are advancing plans to raise as much…
Industry & Trade Tesla to launch in KSA Aya Anwar Mar 26, 2025 0 Tesla will begin sales in Saudi Arabia next month, marking a thaw in relations between CEO Elon Musk and the…
News Saudi PIF assets surge 37% in Q3-24 Aya Anwar Jan 1, 2025 0 Saudi Arabia’s Public Investment Fund (PIF) assets surged by 37 per cent year-on-year to SAR160.087 billion at the…
Featured Saudi Global Ports eyes $1b IPO in Riyadh Aya Anwar Dec 19, 2024 0 Saudi Arabia's Public Investment Fund (PIF)-backed Saudi Global Ports Co. is planning an initial public offering…
Featured Saudi Arabia’s PIF trims Nintendo stake amid future investment plans Aya Anwar Oct 8, 2024 0 Saudi Arabia’s Public Investment Fund (PIF) has reduced its stake in Nintendo Co., selling 17.3 million shares…
Money Egypt PM: Saudi’s planned $5 bln investment separate from CBE deposit Yomna Yasser Sep 19, 2024 0 Egypt's Prime Minister Moustafa Madbouly explained on Thursday that the anticipated $5 billion Saudi Arabian…
News Saudi Arabia’s PIF to inject $5b investment in Egypt Yomna Yasser Sep 16, 2024 0 Saudi Arabia's Crown Prince Mohammed bin Salman said on Monday the kingdom's sovereign wealth fund, the Public…
Featured PIF secures $15b revolving credit facility Aya Anwar Aug 28, 2024 0 The Public Investment Fund (PIF) has secured a $15 billion revolving credit facility for general corporate…
Energy Saudi Aramco profit falls 3.4% in Q2 ’24 Nada Ali Aug 6, 2024 0 Saudi Arabia's state oil producer Aramco reported a 3.4 per cent decline in second-quarter net income on Tuesday.
Featured S. Arabia’s Manara Minerals explores lithium investment in Chile Aya Anwar Jul 30, 2024 0 Manara Minerals, a joint venture between Saudi Arabia's Ma'aden and the Public Investment Fund (PIF), is evaluating…
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…
Banks Saudi sovereign sells its GASCO’s stake for $131.96 mln Nada Ali Sep 4, 2023 0 Saudi Arabia’s Public Investment Fund (PIF) has concluded an agreement to sell its 10.92 percent share of the…
Banks Saudi Arabia’s PIF collects $5.5 billion with second green bond sale Nada Ali Feb 8, 2023 0 Saudi sovereign Public Investment Fund (PIF) has secured $5.5 billion through its second sale of green bonds in…
International News Saudi Arabia investment fund acquires WWE – rumours Nada Ali Jan 16, 2023 0 The American business executive, Vince McMahon had sold World Wrestling Entertainment (WWE) to the Saudi Arabia…
Featured Bucking emerging market trend, Egypt is one of the most preferred destinations for foreign… Dina Abdel Fattah Dec 14, 2022 0 This year, Egypt has become the most preferred destination for foreign investors among emerging markets. The sale…
Tech/AI Saudi Arabia’s sovereign fund PIF eyes net-zero emissions by 2050 Yomna Yasser Nov 7, 2022 0 Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) aims to attain net-zero emissions through…
Featured Saudi Arabia’s sovereign wealth fund acquires 34% stake in Egypt’s B.TECH Amwal Al Ghad English Oct 3, 2022 0 Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) has acquired a 34 percent stake in Egypt-based…
Featured Egypt aims to raise $6 billion by June from share sale of state firms Amwal Al Ghad English Sep 25, 2022 0 Egypt seeks to raise up to $6 billion before the middle of next year by selling stakes in state-owned firms, the…
International News Saudi sovereign fund injects $7 billion in U.S. shares Nada Ali Aug 16, 2022 0 Saudi Arabia's sovereign wealth fund has invested more than $7 billion by buying minority stakes in U.S. companies…