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Saudi wealth fund PIF buys stake in Heathrow Airport

Infrastructure

16 December, 2024

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 ......

Saudi wealth fund PIF raises $1 bn from STC stake sale

TMT

14 November, 2024

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 ......

Saudi PIF eyeing stake in LaLiga, Bundesliga streamer DAZN

TMT

07 October, 2024

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 ......

Saudi PIF-backed Dussur sells stake in JV to GE Vernova

Manufacturing

03 September, 2024

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 ......

Saudi's PIF signs revolving credit facility of $15 bn for 23 financial institutions

Finance

28 August, 2024

Saudi's PIF signs revolving credit facility of $15 bn for 23 financial institutions

Saudi Arabia's $925 billion sovereign wealth fund, the Public Investment Fund (PIF), said on Wednesday it had signed a revolving ......

Saudi sovereign wealth fund signs $50 bn of MoUs with Chinese firms

Finance

02 August, 2024

Saudi sovereign wealth fund signs $50 bn of MoUs with Chinese firms

Saudi Arabia's sovereign wealth fund PIF has signed six memorandums of understanding (MoUs) worth a total of $50 billion with ......

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In Charts: Check out the most active investors in the Middle East in H1 2024

General

17 July, 2024

In Charts: Check out the most active investors in the Middle East in H1 2024

Antler, a Singapore-based early-stage venture capital firm, which manages assets worth $900 million across its pre-seed and global continuity fund ......

China's JinkoSolar to ink pact with Saudi's PIF for renewable power facility

Infrastructure

16 July, 2024

China's JinkoSolar to ink pact with Saudi's PIF for renewable power facility

China-based JinkoSolar said on Tuesday it would form a joint venture with Saudi Arabia's sovereign wealth fund and a privately ......

Saudi sovereign wealth fund swings to $36.8 bn profit in 2023

Finance

02 July, 2024

Saudi sovereign wealth fund swings to $36.8 bn profit in 2023

Saudi Arabia's sovereign wealth fund PIF swung to a profit of 138.1 billion riyals ($36.81 billion) in 2023, it said on ......

Saudi PIF, STC Group likely to bid for Spanish Cellnex's Austrian unit

TMT

25 April, 2024

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, ......