PIF
TMT
Saudi PIF, STC Group likely to bid for Spanish Cellnex's Austrian unit
Saudi Arabia's STC Group and sovereign fund PIF may bid for the Austrian unit of Spanish mobile phone tower operator Cellnex, ......
Finance
Saudi Arabia's PIF hits $749 bn in assets under management
Saudi Arabian sovereign wealth fund PIF's managed assets reached 2.81 trillion riyals ($749.2 billion) in 2023, state news agency SPA ......
Finance
Saudi multi-asset investor Artal Capital hits first close of PE fund
Artal Capital, a Riyadh-based multi-asset investment firm, has marked the first close of its mid-market-focused private equity fund to back ......
Manufacturing
Saudi SWF Public Investment Fund strikes first 2024 bet in MENA paper industry
Saudi Arabia’s sovereign investor Public Investment Fund (PIF) has struck a bet for minority stake in a paper manufacturing and ......
TMT
Saudi PIF-owned Savvy buys gaming firm for $4.9 bn; STV fund gets LP cheque
Funding activity in the Gulf region remained subdued in the first week of April with only a handful of companies ......
General
Grapevine: Saudi's PIF to invest in RIL InvIT; Lexington may buy IL&FS education arm
Saudi Arabia’s Public Investment Fund (PIF) has initiated discussions to invest up to $1 billion (Rs 7,495 crore) in Reliance ......
Infrastructure
Saudi wealth fund PIF buys stake in Heathrow Airport
Spanish construction giant Ferrovial said on Thursday it closed the sale of a 19.75% stake in Heathrow Airport Holdings for ......
TMT
Saudi wealth fund PIF raises $1 bn from STC stake sale
Saudi Arabia's sovereign wealth fund PIF has raised 3.86 billion riyals ($1.03 billion) from selling a 2% stake in telecoms firm ......
TMT
Saudi PIF eyeing stake in LaLiga, Bundesliga streamer DAZN
Saudi Arabia's Public Investment Fund is among potential bidders exploring the purchase of a minority stake worth around $1 billion ......
Manufacturing
Saudi PIF-backed Dussur sells stake in JV to GE Vernova
U.S. power equipment maker GE Vernova said on Monday it has acquired the remaining ownership stake in a Saudi gas turbine producing ......