Saudi Fund’s $1 Billion Deal Boosts Burgeoning Mideast Selldowns
A $1 billion stake sale in Saudi Arabia’s largest mobile phone operator is the latest sign that the market for follow-on ...
The Big Problem for Saudi Arabia’s Futuristic City? The Country Doesn’t Have Enough Money
The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund h. as at its disposal.
Zawya8h
Saudi Arabia: PIF sells 100mln stc shares for $1bln
Saudi Arabia's Public Investment Fund (PIF) today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering. The offering ...
اخبار 2410h
Italy's SACE to provide $3B in loans for NEOM project
The Italian Export Credit Agency SACE will grant loan guarantees worth $3 billion (equivalent to SAR 11.25 billion) for Saudi ...
Rory McIlroy reveals LIV Golf star who inspired him after lauding breakaway league "hero"
Rory McIlroy has previously been one of LIV Golf's biggest critics, but the Northern Irishman has admitted that one of the ...
Arabian Business11h
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 ...
Game Rant16h
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 ...