Saudi Arabia’s Public Investment Fund (PIF) has agreed to buy a 54 per cent stake in the Gulf state’s MBC Group media conglomerate for SAR 7.5 billion (US$2 billion).

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is set to acquire a 54 per cent stake ... The ...

The deal will be carried out in accordance with the trading procedures of Tadawul Dubai: Saudi Arabia’s Public Investment ...

The acquisition by the PIF is more than just a financial transaction—it is ... The company also made headlines in October ...

The Middle East’s biggest broadcaster surged 10% in Saudi Arabia after the kingdom’s sovereign wealth fund agreed to buy a ...

“The completely natural island is roughly 220 miles north of Jeddah,” said Lars Clasen, CEO of Cruise Saudi, which is a PIF ...

These MoUs were signed with Mizuho Bank, Sumitomo Mitsui Financial Group, MUFG Bank, Japan Bank for International Cooperation ...

The establishment of the subsidiary comes amid a surge in foreign direct investment ... further bolstering the city’s standing. See also Saudi Arabia's PIF Considers Expanding Nintendo Stake Experts ...

Saudi Arabia’s Public Investment Fund (PIF) is evaluating the possibility of increasing its stake in Nintendo, a move that reflects the kingdom’s strategic interest in the global gaming industry. This ...

Brazilian company BRF announced that its subsidiary in Saudi Arabia has acquired 26% of Addoha Poultry Company, a poultry processor in ...

PIF and FII signed a memorandum of understanding to focus on the asset management industry at future FII events ...