Saudi sovereign fund sells 2% of STC shares
Saudi Public Investment Fund (PIF) today announced the successful sale of 100 million shares in Saudi Telecom…
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Saudi Public Investment Fund (PIF)
S. Arabia’s PIF’s assets under management reach $765b in ’23
The Public Investment Fund (PIF) showed strong performance in 2023, with assets under management growing by 29 per…
Saudi’s PIF signs $50b deals with Chinese financial institutions
Saudi Arabia's Public Investment Fund (PIF) signed six MoUs worth $50 billion with top Chinese financial…
Egypt, S. Arabia strengthen investment co-operation – PM
Egypt's Prime Minister Madbouly emphasised the importance of enhancing Egypt-Saudi Arabia relations across various…
S. Arabia plans Nupco IPO
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) is advancing with an IPO for Nupco, the…
S. Arabia 2nd in ’24 VC rankings
Saudi Arabia achieved the second position in emerging-market venture capital for the first half of 2024, closely…
UPDATE: Saudi Aramco share sale exceeds initial target
Saudi Arabia's Aramco share offering surpassed initial targets, potentially raising up to $13.1 billion and testing…
Gulf stocks mostly rise on Monday as Mideast tensions cool
Stock markets across the Gulf region staged a partial recovery on Monday, clawing back some of the losses incurred…
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…
S. Arabia’s PIF buys 23.08% stake in MEPCO
Saudi Arabia's Public Investment Fund (PIF) announced on Thursday that it has acquired a 23.08 per cent in Middle…