Results for
public investment fund
29 Results-
Saudi mining group Ma’aden appoints PIF chief as new chairman
Saudi Arabian Mining Company (Ma’aden) said on Sunday that Yasir al-Rumayyan has been named as the new chairman of the board. Ma’aden ... Economy -
Saudi Arabia’s PIF finalizes terms for $10 billion loan: Report
Saudi Arabia’s Public Investment Fund (PIF) has reportedly finalized terms of a $10 billion loan that it’s looking to raise from a group ... Economy -
Saudi wealth fund in talks to raise up to $8 bln bridge loan, say sources
Saudi Arabia’s Public Investment Fund (PIF) is in talks with banks to raise a short-term bridge loan for as much as $8 billion to use for new ... Economy -
NEOM set up as joint stock company owned by Saudi state fund PIF
Saudi Arabia has set up a closed joint-stock company, called NEOM, that aims to develop a $500 billion economic zone and which will be owned by the ... Economy -
Saudi shipper Bahri targets acquisitions in Asia, Middle East
Saudi Arabia’s Bahri is targeting acquisitions in Asia and the Middle East as the exclusive oil shipper for state energy giant Saudi Aramco ... Economy -
PIF announces Future Investment Initiative 2018 advisory panel
The Public Investment Fund (PIF) of Saudi Arabia has on Wednesday announced the formation of an advisory board, comprised of eleven of the most ... Economy -
Saudi chemical giant SABIC sees profits surge on high sales
Saudi petrochemicals giant Saudi Basic Industries Corp. (SABIC) registered an 80 percent surge in profit in the second quarter of 2018 due to ... Economy -
Saudi sovereign fund plans entertainment centers across kingdom
Saudi Arabia's main sovereign wealth fund will set up a network of entertainment centers across the kingdom as the government tries to jump-start a ... Economy -
Saudi King Salman to patronize Qiddiya Project on April 25
Saudi Arabia’s King Salman bin Abdulaziz Al Saud will patronize on Wednesday the much-anticipated Qiddiya Project which is the new entertainment ... Economy -
Saudi’s NADEC agrees to acquire dairy competitor
Saudi Arabia’s National Agricultural Development Co (NADEC) has agreed to buy Al Safi Danone Company (ASD) in a deal that will help boost its ... Economy -
Saudi home finance firm BHF announces debut sukuk program
Bidaya Home Finance (BHF), partly owned by Saudi Arabia’s sovereign wealth fund Public Investment Fund, announced on Wednesday its debut program ... Economy -
How will Saudi Arabia’s non-oil revenues be generated in 2018?
The Saudi budget data released by the Ministry of Finance showed a steady improvement in the financial situation in Saudi Arabia compared to last year ... Economy -
Saudi Crown Prince: Qatar problem is very very small
Saudi Arabia's Crown Prince Mohammed bin Salman described the Gulf rift with Qatar as a “very very small problem” in an interview on ... Gulf -
Saudi fund aiming for assets under management of $400 bln by 2020
Saudi Arabia’s Public Investment Fund (PIF) aims to increase its assets under management to 1.5 trillion riyals ($400 billion) by 2020 as part ... Economy -
Saudi's PIF commits $20 bln to $40 billion fund with Blackstone
Saudi Arabia’s Public Investment Fund (PIF), the country’s main sovereign wealth fund, will contribute $20 billion to a $40 billion fund ... Economy -
Saudi Public Investment Fund chief: ‘Aramco IPO is on track, 2018 is our target’
WATCH LIVE FEED BELOW Yasir Bin Othman Al-Rumayyan, CEO of the Saudi Arabia's Public Investment Fund (PIF), said on Tuesday that ... Energy -
Saudi Public Investment Fund unveils entertainment city logo
The Public Investment Fund unveiled the logo of the Qiddiya project, which will be the Saudi kingdom’s largest cultural, sports and ... Economy -
Saudi wealth fund PIF launches real estate refinancing company
Saudi Arabia’s Public Investment Fund (PIF) has launched a real estate refinance company, aimed at injecting liquidity into the property market ... Economy -
Saudi’s PIF sets up energy service firm Super Esco
Saudi Arabia’s Public Investment Fund (PIF) said on Wednesday it had set up a new energy service company, Super Esco, to increase energy ... Energy -
King Salman signs multi-billion dollar economic deals with Russia
During his visit to Moscow, Saudi King Salman signed multi-billion dollar economic agreements, including a partnership between Russian sovereign ... Economy -
Saudi Arabia finalizes seven deals with Russia worth $1 bln
Moscow - Business relations between Saudi Arabia and Russia have been making headway at a steady phase since 2015, when the Public Investment Fund ... Economy -
Saudi sovereign wealth fund to launch entertainment investment company
The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has announced it is in the process of developing a new company to act ... Economy -
Saudi sovereign fund, Softbank plan robotic initiative
Saudi Arabia’s main sovereign wealth investment fund and Japan’s Softbank Group plan to jointly study how robots can be used more ... Technology -
E-commerce platform Noon appoints Faraz Khalid as CEO
Noon, the Middle East’s soon to be launched e-commerce platform, founded by Mohamed Alabbar, has announced the appointment of Faraz Khalid as ... Technology -
Softbank-Saudi tech fund becomes world’s biggest with $93 bln capital
The world’s largest private equity fund, backed by Japan’s Softbank Group and Saudi Arabia’s main sovereign wealth fund, said on ... Technology -
Dubai's Emaar chairman hopes for better year after tough 2016
Mohamed Alabbar, chairman of Dubai's largest listed real estate developer Emaar Properties, said on Monday he was hoping for a better year after a ... Economy -
Saudi’s massive Uber investment: What the analysts think
For the ride-hailing app, Saudi’s cash injection represents a major corporate coup Economy -
Deputy crown prince promises youth a new Saudi Arabia
Deputy Crown Prince Mohammad Bin Salman announces new programs under the umbrella of Saudi Arabia’s Vision 2030 Middle East -
Saudi Arabia to sell 15 pct of National Commercial Bank in IPO
The initial public offer would be the kingdom's first bank IPO since 2008 Banking & Finance
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