News Saudi sovereign fund sells 2% of STC shares Aya Anwar Nov 14, 2024 0 Saudi Public Investment Fund (PIF) today announced the successful sale of 100 million shares in Saudi Telecom…
Featured S. Arabia’s PIF’s assets under management reach $765b in ’23 Aya Anwar Aug 20, 2024 0 The Public Investment Fund (PIF) showed strong performance in 2023, with assets under management growing by 29 per…
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…
Egypt News Egypt, S. Arabia strengthen investment co-operation – PM Nada Ali Aug 1, 2024 0 Egypt's Prime Minister Madbouly emphasised the importance of enhancing Egypt-Saudi Arabia relations across various…
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 S. Arabia 2nd in ’24 VC rankings Aya Anwar Jul 9, 2024 0 Saudi Arabia achieved the second position in emerging-market venture capital for the first half of 2024, closely…
Money UPDATE: Saudi Aramco share sale exceeds initial target Nada Ali Jun 2, 2024 0 Saudi Arabia's Aramco share offering surpassed initial targets, potentially raising up to $13.1 billion and testing…
Stocks Gulf stocks mostly rise on Monday as Mideast tensions cool Nada Ali Apr 22, 2024 0 Stock markets across the Gulf region staged a partial recovery on Monday, clawing back some of the losses incurred…
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…
MENA News PIF, Pirelli to build $550mln tire facility in Saudi Arabia Nada Ali Oct 26, 2023 0 Saudi Public Investment Fund (PIF) and Italy’s Pirelli Tyre, a leading global tire manufacturer, have announced on…
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 PIF, acquisition talks over 3 private Egyptian companies Mennatullah Hamzawy Sep 21, 2023 0 Saudi Arabia’s Public Investment Fund (PIF) is in advanced negotiations to acquire three private Egyptian companies…
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…
News Saudi PIF assets exceed $594bln in 2022 Nada Ali Aug 7, 2023 0 Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) released on Sunday its annual report for…
MENA News SCA’s President: Saudi construction sector size exceeds SAR 255bln Nada Ali May 28, 2023 0 Zakaria Al-Abdul Qader, president of the Saudi Contractors Authority (SCA) said on Sunday that the contracting…