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…