The Italian Export Credit Agency SACE will grant loan guarantees worth $3 billion (SAR 11.25 billion) for Saudi Arabia’s NEOM project, Bloomberg repor ...

Saudi Arabia’s wealth fund sold part of its stake in the kingdom’s main mobile-phone operator for about $1 billion, the ...

The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country ...

Saudi Arabia's Public Investment Fund (PIF) today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering. The offering ...

PIF maintains ownership of 3.1 billion shares, equivalent to 62 percent of stc's issued share capital, following the transaction ...

The Saudi Public Investment Fund (PIF), a major sovereign wealth fund under the Saudi ... attracted significant interest from both institutional and retail investors in Saudi Arabia and abroad. Market ...

The Public Investment Fund of Saudi Arabia continues the recent trend of reducing its major stake in the Japanese gaming ...

Just last month, it was rumored that Saudi Arabia’s Public Investment Fund (PIF) would be increasing its stake in Nintendo.

With three more international destinations, seven events already are secured outside the U.S., with more likely for the ...

Saudi Arabia 's £390billion mega-city faces fresh chaos as the boss of the flagship Neom project has reportedly been sacked.

Klaus Kleinfeld, former CEO of Siemens and Alcoa, was the first head of Neom but was soon replaced by Nasr, who had a reputation for quick delivery of major infrastructure projects while at energy ...