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Abu Dhabi's Mubadala overtakes Saudi Arabia's PIF as world's top wealth fund spender

Finance

02 January, 2025

Abu Dhabi's Mubadala overtakes Saudi Arabia's PIF as world's top wealth fund spender

Abu Dhabi's Mubadala Investment Company accounted for about 20% of the almost $136.1 billion spent by sovereign wealth funds worldwide ......

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Saudi Arabia's Jadwa onboards sovereign investor as LP for private equity fund

Finance

03 December, 2024

Saudi Arabia's Jadwa onboards sovereign investor as LP for private equity fund

Jadwa Investment, a Saudi Arabian firm that manages assets worth over $20 billion across different asset classes including private equity, ......

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Saudi VC SEEDRA onboards sovereign investor as LP for second fund

Finance

20 November, 2024

Saudi VC SEEDRA onboards sovereign investor as LP for second fund

SEEDRA Ventures, a Saudi Arabia-based venture capital firm that backs early-stage companies and currently manages a portfolio of 26 startups, ......

Saudi PIF to be anchor investor in Brookfield's $2 bn Middle East fund

Finance

30 October, 2024

Saudi PIF to be anchor investor in Brookfield's $2 bn Middle East fund

Saudi Arabia's Public Investment Fund (PIF) will be an anchor investor in Brookfield Asset Management's new $2 billion Middle East-focused private fund, ......

Saudi Arabian wealth fund PIF to cut overseas investments

Finance

30 October, 2024

Saudi Arabian wealth fund PIF to cut overseas investments

Saudi Arabia's sovereign wealth fund plans to cut its overseas investments by about a third, its governor told a conference ......

Saudi firm Manara in talks to buy stake in First Quantum's Zambian mines

Manufacturing

16 October, 2024

Saudi firm Manara in talks to buy stake in First Quantum's Zambian mines

Saudi Arabia's Manara Minerals is closing in on a deal to buy a minority stake in Canadian miner First Quantum ......

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'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 PIF to invest up to $1.5 bn in EV maker Lucid

Manufacturing

06 August, 2024

Saudi PIF to invest up to $1.5 bn in EV maker Lucid

Lucid Group said on Monday its largest shareholder, Saudi Arabia's Public Investment Fund, will inject up to $1.5 billion in ......

Saudi sovereign wealth fund PIF appoints new head of investment strategy

Finance

24 July, 2024

Saudi sovereign wealth fund PIF appoints new head of investment strategy

Saudi Arabia's sovereign wealth fund, which manages around $925 billion, has appointed a new head of its investment strategy and ......