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…
Browsing Tag
Public Investment Fund
S. Arabia’s sukuk generate $2bln
Saudi Arabia's sovereign wealth fund secured $2 billion through the issuance of Sukuk, marking its second venture…
S. Arabia eyes investment in semiconductors, space industries
Saudi Arabia’s sovereign wealth fund is set to invest in semiconductor and space industries in 2024 to accelerate…
Saudi SALIC increases stake in NADEC by 6.2%
The Saudi Agricultural and Livestock Investment Company (SALIC) increased its stake in the National Agricultural…
Bucking emerging market trend, Egypt is one of the most preferred destinations for foreign…
This year, Egypt has become the most preferred destination for foreign investors among emerging markets. The sale…
Saudi Arabia’s sovereign fund PIF eyes net-zero emissions by 2050
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) aims to attain net-zero emissions through…
Saudi Arabia’s sovereign wealth fund acquires 34% stake in Egypt’s B.TECH
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) has acquired a 34 percent stake in Egypt-based…
Gulf stocks edge up with global equities; EEC leaps in Saudi
Most Gulf stock markets went up in early trade Monday after emerging market equities rose sharply in Asia. Saudi…
Saudi Public Investment Fund invests $3.5bn in Uber
The car hire service Uber has attracted a $3.5bn (£2.43bn) investment from Saudi Arabia's Public Investment Fund.…
Saudi stocks fall after oil retreats
Investors in Saudi Arabia sold stocks in early trade Sunday after oil prices retreated at the end of last week and…
