An Investindustrial affiliate has agreed to acquire a Saudi Arabian food producer, marking a rare foray by a European private equity firm into the kingdom.

By Milana Vinn, Federico Maccioni and Zaheer Kachwala LONDON(Reuters) -For years, tech-focused buyout group Silver Lake coveted video game developer Electronic Arts, the power behind the popular "Battlefield" and "Madden NFL" series.

President Donald Trump's son-in-law Jared Kushner and the Saudi Arabian sovereign wealth fund, are backing the $55 billion deal.

With WWE WrestleMania 43 heading to Saudi Arabia in 2027, the company's Women's Champion Tiffany Stratton was asked to comment on the decision.

Archaeologists in Saudi Arabia have discovered hundreds of rock art engravings that were carved by humans more than 12,000 years ago.

The newly-named Riveria Content fund has a mandate to finance and produce movies both locally and internationally in partnership with major global studios as Saudi Arabia looks to become a Middle East hub for film production and draw inward investment in its creative industries as a diversification from an all-important oil industry.

Dar Global, a London-listed luxury real estate developer, says it plans to launch a Trump Plaza in the Saudi Red Sea city of Jeddah in the second collaboration with the Trump Organization, following t

The Electronic Arts deal, the largest ever leveraged buyout, is backed by Saudi Arabia, Silver Lake and Jared Kushner's Affinity

Cultural Assets Group announced the launch of the Osoul Private Investment Fund, valued at SAR 850 million, with financing from the Cultural Development Fund, under the patronage of His Highness Prince Badr bin Abdullah bin Mohammed bin Farhan Al Saud,