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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...
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...
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...
Saudi Fund outpaces GIC with $31.6-billion splurgePIF, as the Saudi fund is known, deployed $31.6 billion in 2023, according to research consultancy Global SWF. That was higher than the $20...
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....
Why golf world is shocked at PGA Tour-LIV Golf merger?The merger of business operations of the PGA Tour, the DPA World and LIV Golf has left the golf world shocked. Know the details.
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 fund PIF to invest in Investcorp-Aberdeen infrastructure fundAberdeen Standard Investcorp Infrastructure Partners (ASIIP) received a capital commitment from the $430 billion PIF for up to 20% of the t...
FPI sell-off in Q2 biggest in 7 years, D-St blames it on Gulf fund crunchD-Street veterans say the latest bout of FPI outflow has also to do with a liquidity crunch in gulf, because of a prolonged crude slump.
- ADAG enters Saudi financial services sector
Overseas financial services business is the new target of Indian firms. Reliance-ADAG is picking up 26% stake with management control in a ...