Aston Martin Lagonda Global Holdings Plc, whose near-term liabilities total about $1.4 billion, is negotiating with bankers …
Saudi Arabia’s Public Investment Fund
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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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Industry & TradeMENA NewsNewsTech/AI
Saudi ACWA Power reach closure for $2.4bln Al-Shuaibah solar projects
by Nada Aliby Nada AliSaudi ACWA Power has reached a financial close of $2.37 billion Al Shuaibah 1 and Al Shuaibah …
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BanksFinancial InstitutionsInternational NewsNews
SoftBank in talks to acquire remaining Arm stake from its VF1
by Nada Aliby Nada AliJapanese tech investor SoftBank Group is in talks to purchase the remaining 25 percent of semiconductor manufacturer …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Bucking emerging market trend, Egypt is one of the most preferred destinations for foreign investors
This year, Egypt has become the most preferred destination for foreign investors among emerging markets. The sale …
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BanksEgypt NewsFeatureMENA NewsMoneyNews
Saudi sovereign wealth fund in talks to acquire Egypt’s United Bank for $600 million
by Yomna Yasserby Yomna YasserSaudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) is in advanced talks to acquire Egypt’s state-owned …
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Egypt NewsIndustry & TradeMENA NewsNewsTech/AI
Saudi Arabia’s sovereign fund PIF eyes net-zero emissions by 2050
by Yomna Yasserby Yomna YasserSaudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) aims to attain net-zero emissions through sustainable …
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ArabEgypt NewsFeatureIndustry & TradeNewsStocksTech/AI
Egypt aims to raise $6 billion by June from share sale of state firms
Egypt seeks to raise up to $6 billion before the middle of next year by selling stakes …
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EGXEgypt NewsFeatureIndustry & TradeMENA NewsNewsStocksTech/AI
Saudi Arabia’s PIF acquires minority stakes in four Egyptian state firms
Saudi Arabia’s Public Investment Fund (PIF) has acquired – through its set-up firm the Saudi Egyptian Investment …