Reliance Industries' move to structure the proposed Jio Platforms IPO as a fresh issue of up to 27 crore shares, rather than a largely offe...

A massive $110 billion deal for Warner Bros Discovery by Paramount Skydance Corp faces European Union scrutiny. Gulf sovereign wealth funds...

Saudi Arabia is making waves in global football. Following a stunning World Cup upset, the nation attracted top stars like Cristiano Ronald...

Saudi Arabia's Public Investment Fund is now an official supporter for the 2026 World Cup in North America and Asia. This move strengthens ...

Reliance Industries is shifting Jio Platforms' IPO from an offer for sale to a fresh issue due to investor disagreements on pricing. This m...

The sole Democratic FCC commissioner is demanding a thorough review of foreign ownership interests in the proposed Paramount-Warner Bros. D...

Why 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 ownership faces a crisis. Poor results, including a Champions League exit and a five-game losing streak, have led to fan...

Indian investment firms face a pause in Gulf capital. Regional conflict makes investors cautious. High-net-worth individuals and family off...

Saudi Arabia's Public Investment Fund is shifting focus to domestic growth. A new five-year strategy prioritizes six key themes including t...

PIF, 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 fund, established in 1971 by royal decree, has its headquarters in Riyadh, Saudi Arabia, and offices in Hong Kong, London and New York....

The merger of business operations of the PGA Tour, the DPA World and LIV Golf has left the golf world shocked. Know the details.

The deal, which was marketed internationally, is the biggest equity capital market transaction in the Middle East this year, said a source ...

Aberdeen Standard Investcorp Infrastructure Partners (ASIIP) received a capital commitment from the $430 billion PIF for up to 20% of the t...

D-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.

Overseas financial services business is the new target of Indian firms. Reliance-ADAG is picking up 26% stake with management control in a ...