Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, is in preliminary discussions to buy the national …
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Public Investment Fund (PIF)
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FeatureIndustry & TradeMENA NewsNewsTech/AI
Middle East to become sole region boasting $3tn funds
by Aya Anwarby Aya AnwarThe Middle East, abundant in oil wealth, is on the brink of becoming the sole region boasting …
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Apollo Global Management Inc., a U.S. private equity firm, is negotiating to acquire a minority stake in …
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Saudi Arabia is considering a reviving plan for a follow-on share offering in Saudi Aramco to raise …
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FeatureIndustry & TradeTech newsTech/AI
S. Arabia eyes investment in semiconductors, space industries
by Sama Mousaby Sama MousaSaudi Arabia’s sovereign wealth fund is set to invest in semiconductor and space industries in 2024 to …
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FeatureIndustry & TradeMENA NewsMoneyNewsTech/AI
S. Arabia’s PIF buys 23.08% stake in MEPCO
by Nada Aliby Nada AliSaudi Arabia’s Public Investment Fund (PIF) announced on Thursday that it has acquired a 23.08 per cent …
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Industry & TradeMENA NewsNewsTech/AI
Saudi Arabia plans in talks to invest $250mln into Chinese car maker
by Nada Aliby Nada AliSaudi Arabia’s Public Investment Fund (PIF) is reportedly negotiating to invest at least $250 million into Shanghai-based …
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Industrialization and Energy Services Company (TAQA) aims to position Egypt as a regional hub and a robust …
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ArabIndustry & TradeStocksTech/AI
Saudi SALIC increases stake in NADEC by 6.2%
by Sama Mousaby Sama MousaThe Saudi Agricultural and Livestock Investment Company (SALIC) increased its stake in the National Agricultural Development Company …
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BanksFinancial Institutions
Saudi sovereign sells its GASCO’s stake for $131.96 mln
by Nada Aliby Nada AliSaudi Arabia’s Public Investment Fund (PIF) has concluded an agreement to sell its 10.92 percent share of …
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