public investment fund of saudi arabia news

Saudi Arabia's PIF to sell 2% stake in STC

Saudi PIF to Sell $1 Billion Stake in Telecom Firm in Cash Quest

Saudi Arabia’s sovereign wealth fund is selling part of its stake in the kingdom’s main mobile-phone operator as it tries to raise cash for the government’s trillion-dollar economic transformation plan.

Arabian Business · 1h

Saudi Arabia’s PIF sells 2% stake in stc for over $1bn

PIF maintains ownership of 3.1 billion shares, equivalent to 62 percent of stc's issued share capital, following the transaction

Nintendo Wire · 14h

Saudi Arabia’s PIF has further reduced its stake in Nintendo

Just last month, it was rumored that Saudi Arabia’s Public Investment Fund (PIF) would be increasing its stake in Nintendo. On the contrary, the PIF actually

Hosted on MSN · 1h

PIF to raise over $1bn from Saudi Telecom’s 2% stake sale

The sale represents 2 percent of PIF’s stake in STC and the price is around 6.5 percent lower than the share price at closing on Wednesday. Goldman Sachs Saudi Arabia and SNB Ca

Game Rant6h

Saudi Arabia Reduces Stake in Nintendo

The Public Investment Fund of Saudi Arabia continues the recent trend of reducing its major stake in the Japanese gaming ...

20hon MSN

Saudi Arabia's new £390bn mega-city thrown into chaos as fresh scandal erupts

Saudi Arabia 's £390billion mega-city faces fresh chaos as the boss of the flagship Neom project has reportedly been sacked.

1don MSN

Saudi Arabia parts ways with the CEO of Neom, its new desert megacity

Neom, Saudi Arabia's ambitious megacity project, is a key part of the kingdom's Vision 2030 scheme. Its CEO stepped down ...

Wentworth Denies Rumor That Saudi Arabia's Public Investment Fund Is Trying to Buy It

Last week, DP World Tour player Eddie Pepperell appeared on the Chipping Forecast and said he believed that the Saudi Arabian ...

Saudi Arabia Replaces CEO Developing Megacity of Neom

Saudi Arabia replaced the executive that was overseeing its plan to build the $1.5 trillion futuristic development known as ...

10don MSN

As regional violence rages, Saudi Arabia pitches itself as investment hub

The summit in Riyadh, known as the Future Investment Initiative, allowed the kingdom to showcase its ambitious plans to ...

Zawya10d

MUFG signs MoU with the Public Investment Fund of Saudi Arabia

MUFG and The Public Investment Fund (“PIF”) of Saudi Arabia have today announced that they signed a memorandum of ...

Neom mega-project boss abruptly replaced in Saudi Arabia

Klaus Kleinfeld, former CEO of Siemens and Alcoa, was the first head of Neom but was soon replaced by Nasr, who had a reputation for quick delivery of major infrastructure projects while at energy ...

Crowdfund Insider10d

Saudi and Hong Kong Strengthen Economic Link with New $1bn Joint Investment Fund

The Public Investment Fund (PIF) and the Hong Kong Monetary Authority (HKMA) have signed a memorandum of understanding (MoU) ...

6don MSN

Saudi Arabia spent years investing in global tech firms. Its domestic AI push hopes they'll return the favor.

The kingdom is looking to companies overseas to help it meet its AI ambitions at home after years of investing billions of ...

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