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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 ......

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Saudi's Jada FoF strikes another LP-style bet for tech SMEs in MENA, Asia

Finance

08 December, 2023

Saudi's Jada FoF strikes another LP-style bet for tech SMEs in MENA, Asia

Saudi Arabia’s Public Investment Fund-backed Jada Fund of Funds has made its fifth limited partner-style investment in six months, to ......

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Saudi's Jada Fund of Funds strikes another LP-style bet

Finance

02 November, 2023

Saudi's Jada Fund of Funds strikes another LP-style bet

Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund of Funds has struck its third limited partner-style bet in four months, ......

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UAE's VentureSouq taps another Saudi limited partner for new fintech fund

Finance

14 September, 2023

UAE's VentureSouq taps another Saudi limited partner for new fintech fund

VentureSouq, a UAE-based venture capital firm, has roped in another Saudi Arabian limited partner (LP) for its second fintech fund, ......

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Saudi PIF-backed Jada makes LP bet on female-led private equity fund

Finance

31 August, 2023

Saudi PIF-backed Jada makes LP bet on female-led private equity fund

Jada Fund of Funds, which is backed by Saudi Arabia’s Public Investment Fund (PIF), has invested in an Abu Dhabi-based ......

Gulf Digest: Hashmove, InvestSky get cheques; two new VC funds take shape

TMT

23 June, 2023

Gulf Digest: Hashmove, InvestSky get cheques; two new VC funds take shape

Two UAE-based startups led funding activity in the Middle East in the week gone by even as two new venture ......

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PIF-backed Jada, Saudi Venture Capital make LP bets on Investcorp, Shorooq funds

Finance

16 June, 2023

PIF-backed Jada, Saudi Venture Capital make LP bets on Investcorp, Shorooq funds

Saudi Venture Capital and a unit of the Gulf kingdom’s sovereign wealth fund have made limited partner-style bets on two ......