Cristiano Ronaldo set to boycott second-successive Saudi Pro League game due to frustrations with PIF, could leave Al Nassr by JuneThe Al-Nassr star had not featured in the club's 1-0 win over Al Riyadh on Monday, in protest of PIF's alleged lack of investment in Al Nas...
Saudi Arabia plans to refocus $925 billion fund after gigaproject delays, source saysSaudi Arabia is preparing to shift its $925 billion sovereign wealth fund away from a focus on real estate gigaprojects that have dominated...
Saudi Arabia plans to refocus $925 billion fund after gigaproject delays, source saysSaudi Arabia's Public Investment Fund, worth $925 billion, is changing its investment strategy. The fund will move away from massive real e...
Saudis in 'difficult' talks to keep Ronaldo next season: PIF sourceSaudi officials are in "difficult"on Thursday, after the star footballer suggested he was leaving Al Nassr. "There is an ongoing difficult ...
Over half of Aramco share sale allocated to foreign investors: SourcesSaudi Arabia placed over half of an $11.2 billion share sale in Aramco with foreign investors, two people with knowledge of the matter told...
Saudi Arabia considers transferring state airline Saudia to PIF, sources saidSaudi Arabia may transfer Saudia ownership to PIF, with Flyadeal. Riyadh Air to be hub in Riyadh, Jeddah, focusing on pilgrims and transit ...
Reliance Retail in talks with Gulf, Singapore funds on $1.5 bn injectionMukesh Ambani's Reliance Retail, India's largest retailer, is in talks with investors including sovereign wealth funds from Singapore, Abu ...
Saudi wealth fund PIF to seek up to $5 bln in Oman investmentsSaudi Arabia has stepped up investments in Oman in a show of support for one of the Gulf's weaker economies as it recovers from the impact ...
Prince Alwaleed bin Talal: Saudi Arabia's self-styled Warren Buffett no longer rules aloneFor years, Prince Alwaleed bin Talal has made hundreds of millions of dollars by investing in companies from Citigroup to Uber to Twitter w...
Saudi sovereign fund PIF set to raise $3.2 bln in Saudi Telecom stake saleThe deal, which was marketed internationally, is the biggest equity capital market transaction in the Middle East this year, said a source ...
- Saudi sovereign wealth fund scopes banks for ESG framework: Sources
The Public Investment Fund (PIF) sent a request for proposals to banks last month, said the four sources with direct knowledge of the matte...
Saudi Arabia's PIF signs $15 billion loanThe fund, the engine of Crown Prince Mohammed bin Salman's economic transformation plans for Saudi Arabia, manages a portfolio worth $400 b...
Saudi Aramco prepares $10 bln loan for pipeline business buyers - sourcesInternational investors including BlackRock, KKR and Brookfield Asset Management, which could invest in the pipeline business, are also in ...
Saudi wealth fund to raise more than $10 billion with loan: SourcesThe fund, which is the engine of Crown Prince Mohammed bin Salman's economic transformation plans for Saudi Arabia and manages a portfolio ...
Struggling airline Saudia got $7 billion of state help in 2019-2020: DocumentsSaudia has struggled for years and the pandemic, which has brought global aviation to its knees, has added more pressure on its finances. T...
How Blackstone landed $20 billion from Saudis for infrastructureInfra fund has been a source of Wall Street fascination since it was unveiled during a visit by CEO Stephen Schwarzman and President Donald...
SoftBank joins hands with Saudi Arabia's wealth fund to frame solar energy plan for the kingdomThe memorandum of understanding (MoU) between SoftBank Vision Fund and PIF was signed on the sidelines of the Future Investment Initiative,...