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…
International News Saudi’s PIF signs $50b deals with Chinese financial institutions Nada Ali Aug 1, 2024 0 Saudi Arabia's Public Investment Fund (PIF) signed six MoUs worth $50 billion with top Chinese financial…
Featured Aston Martin in negotiations over $1.4 bln debt Aya Anwar Feb 13, 2024 0 Aston Martin Lagonda Global Holdings Plc, whose near-term liabilities total about $1.4 billion, is negotiating with…
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…
MENA News Saudi ACWA Power reach closure for $2.4bln Al-Shuaibah solar projects Nada Ali Aug 21, 2023 0 Saudi ACWA Power has reached a financial close of $2.37 billion Al Shuaibah 1 and Al Shuaibah 2 solar PV projects…
Financial Institutions SoftBank in talks to acquire remaining Arm stake from its VF1 Nada Ali Aug 15, 2023 0 Japanese tech investor SoftBank Group is in talks to purchase the remaining 25 percent of semiconductor…
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…
Money Saudi sovereign wealth fund in talks to acquire Egypt’s United Bank for $600 million Yomna Yasser Dec 12, 2022 0 Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) is in advanced talks to acquire Egypt’s…
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 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…
Featured Saudi Arabia’s PIF acquires minority stakes in four Egyptian state firms Amwal Al Ghad English Aug 10, 2022 0 Saudi Arabia’s Public Investment Fund (PIF) has acquired – through its set-up firm the Saudi Egyptian Investment Co…
Tech/AI Saudi Arabia to launch company to attract $10 billion investments in Egypt Nada Ali Aug 7, 2022 0 Saudi Arabia’s Public Investment Fund (PIF) has signed on Saturday a draft agreement with the Sovereign Fund of…
News Saudi crown prince plans IPO of $500 billion megaproject Neom by 2024 Nada Ali Jul 27, 2022 0 Saudi Arabia's Crown Prince Mohammed bin Salman is planning the Initial Public Offering (IPO) of the Kingdom’s SAR…
Featured Saudi sovereign fund in talks to buy ADES International – sources Amwal Al Ghad English Mar 28, 2021 0 Saudi Arabia’s Public Investment Fund (PIF) is reportedly in talks to buy ADES International, an oil and gas…
Financial Institutions Saudi’s Public Investment Fund closes $11 billion debut loan Amwal Al Ghad English Sep 17, 2018 0 Saudi Arabia’s Public Investment Fund announced on Monday it had taken out an $11 billion international syndicated…
Financial Institutions Saudi Arabia launches $1 billion fund to support SMEs Yomna Yasser Oct 10, 2017 0 Saudi Arabia's Public Investment Fund (PIF) announced Tuesday the establishment of the Fund of Funds, a new SR4…