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SAUDI SOVEREIGN FUND
How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...
Jio and NSE mega IPOs will test jittery retail investorsIndia anticipates two massive IPOs: the National Stock Exchange and Mukesh Ambani's Jio Platforms. Local investor sentiment is crucial, esp...
Jio IPO: Meta, Google among 10 global investors that backed billionaire Mukesh Ambani’s digital giantWhile Reliance Industries remains firmly in control with a 66.43% stake, the shareholder register reads like a who's who of global technolo...
Jio IPO explained: What a fresh issue and no OFS in India's biggest public offer means for investorsReliance Industries' move to structure the proposed Jio Platforms IPO as a fresh issue of up to 27 crore shares, rather than a largely offe...
Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14A massive $110 billion deal for Warner Bros Discovery by Paramount Skydance Corp faces European Union scrutiny. Gulf sovereign wealth funds...
From luring stars to hosting the World Cup, Saudi Arabia has spent billions to disrupt soccerSaudi Arabia is making waves in global football. Following a stunning World Cup upset, the nation attracted top stars like Cristiano Ronald...
Soccer: PIF named 2026 World Cup official tournament supporter as Saudi steps up football ambitionsSaudi Arabia's Public Investment Fund is now an official supporter for the 2026 World Cup in North America and Asia. This move strengthens ...
Jio IPO set to be fully fresh funding; no OFSReliance Industries is shifting Jio Platforms' IPO from an offer for sale to a fresh issue due to investor disagreements on pricing. This m...
FCC commissioner seeks rigorous review of foreign investment in Warner Bros dealThe sole Democratic FCC commissioner is demanding a thorough review of foreign ownership interests in the proposed Paramount-Warner Bros. D...
Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
Chelsea's American project at breaking point as beleaguered team heads into FA Cup semisChelsea's American ownership faces a crisis. Poor results, including a Champions League exit and a five-game losing streak, have led to fan...
US stocks: Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giantWarner Bros. Discovery's shareholders approved an $81 billion sale of the company to Skydance-owned Paramount on Thursday, propelling a meg...
Warner Bros shareholders to vote on Paramount's $81 billion takeover of the Hollywood giantWarner Bros Discovery shareholders are set to vote Thursday on the company's proposed $81 billion sale to Skydance-owned Paramount, in a me...
Warner Bros shareholders to vote on Paramount's $81 billion takeover of the Hollywood giantWarner Bros. Discovery shareholders are voting on a massive $81 billion deal to be acquired by Skydance-owned Paramount. This mega-merger c...
Iran war: Indian alternative investment firms in Gulf stare at sea of uncertaintyIndian investment firms face a pause in Gulf capital. Regional conflict makes investors cautious. High-net-worth individuals and family off...
Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuationUS-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...
Saudi to focus $925 billion fund on domestic economy under new 5-year planSaudi Arabia's Public Investment Fund is shifting focus to domestic growth. A new five-year strategy prioritizes six key themes including t...
Some firms in Saudi extend work from home ahead of Iran ultimatumWestern and Saudi firms in Riyadh have extended work-from-home advisories due to concerns over a looming U.S. deadline for Iran regarding t...
The Saudi Sovereign Wealth Fund, explainedThe fund, established in 1971 by royal decree, has its headquarters in Riyadh, Saudi Arabia, and offices in Hong Kong, London and New York....
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 ...