Saudi Arabia’s Public Investment Fund sold $1bn of shares in Saudi Telecom in an accelerated bookbuild on Wednesday evening.

A $1 billion stake sale in Saudi Arabia’s largest mobile phone operator is the latest sign that the market for follow-on ...

The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund h. as at its disposal.

The normally quiet world of Middle Eastern sovereign wealth funds was jolted by a series of changes this week. Qatar named a ...

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 ...

The Italian Export Credit Agency SACE will grant loan guarantees worth $3 billion (equivalent to SAR 11.25 billion) for Saudi ...

Saudi Arabia's sovereign wealth fund PIF will sell 100 million shares in the country's telecom group STC at a price of 38.6 riyals ($10.27) apiece, state television reported on Thursday.

Rory McIlroy has previously been one of LIV Golf's biggest critics, but the Northern Irishman has admitted that one of the ...

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

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.

Rory McIlroy has opened up on his admiration for former Ryder Cup teammate Sergio Garcia, having claimed the Spaniard was one ...