SportsPro18h
Saudi PIF agrees to buy US$2bn stake in MBC Group
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).
Gulf Business1d
Saudi Arabia’s PIF to acquire 54% stake in MBC Group
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is set to acquire a 54 per cent stake ... The ...
theasialive2d
Saudi Investment Fund’s Stake Acquisition Triggers 10% Rise in Top Middle Eastern Broadcaster
The acquisition by the PIF is more than just a financial transaction—it is ... The company also made headlines in October ...
Middle East’s Top Broadcaster Jumps 10% as PIF Buys Stake
The Middle East’s biggest broadcaster surged 10% in Saudi Arabia after the kingdom’s sovereign wealth fund agreed to buy a ...
Cruise Saudi is not just building ships, it even has private island for passengers
“The completely natural island is roughly 220 miles north of Jeddah,” said Lars Clasen, CEO of Cruise Saudi, which is a PIF ...
Zawya5d
PIF signs MoU with five leading Japanese financial institutions
These MoUs were signed with Mizuho Bank, Sumitomo Mitsui Financial Group, MUFG Bank, Japan Bank for International Cooperation ...
Brazil’S BRF Buys 26% Of Saudi Arabia’S Addoha
Brazilian company BRF announced that its subsidiary in Saudi Arabia has acquired 26% of Addoha Poultry Company, a poultry processor in ...
Zawya5d
PIF’s Asset Management Forum concludes second edition at FII8
PIF and FII signed a memorandum of understanding to focus on the asset management industry at future FII events ...
اخبار 246d
Mayar’s subsidiary to manufacture elevators of Chinese firm in Saudi Arabia
Mayar Holding Co. said that its subsidiary, Gulf Elevators Escalators Co. Ltd signed a partnership agreement with China’s ...