PIF
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 ......
Finance
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 ......
Finance
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 ......
General
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 ......
Infrastructure
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 ......
Finance
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 ......
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 ......
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