Stock markets across the Gulf region staged a partial recovery on Monday, clawing back some of the …
Saudi Public Investment Fund (PIF)
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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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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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PIF, Pirelli to build $550mln tire facility in Saudi Arabia
by Nada Aliby Nada AliSaudi Public Investment Fund (PIF) and Italy’s Pirelli Tyre, a leading global tire manufacturer, have announced on …
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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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Saudi Arabia’s Public Investment Fund (PIF) is in advanced negotiations to acquire three private Egyptian companies in …
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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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Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) released on Sunday its annual report for …
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FeatureIndustry & TradeMENA NewsNewsTech/AI
SCA’s President: Saudi construction sector size exceeds SAR 255bln
by Nada Aliby Nada AliZakaria Al-Abdul Qader, president of the Saudi Contractors Authority (SCA) said on Sunday that the contracting sector’s …