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Saudi Arabia's PIF to sell 2% stake in STC
Saudi PIF to Sell $1 Billion Stake in Telecom Firm in Cash Quest
Saudi Arabia’s sovereign wealth fund is selling part of its stake in the kingdom’s main mobile-phone operator as it tries to raise cash for the government’s trillion-dollar economic transformation plan.
Saudi PIF to sell 2% stake in STC at 38.6 riyals/share, state TV reports
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.
Saudi Arabia's PIF to sell 2% stake in STC in estimated $1bn deal
Saudi Arabia’s Public Investment Fund is selling 2 per cent of its stake, or 100 million shares, in Saudi Telecom Company, the kingdom's biggest mobile operator, according to a regulatory filing with the Tadawul stock exchange.
Game Rant
3h
Saudi Arabia Reduces Stake in Nintendo
The Public Investment Fund of Saudi Arabia continues the recent trend of reducing its major stake in the Japanese gaming ...
17h
on MSN
Saudi Arabia's new £390bn mega-city thrown into chaos as fresh scandal erupts
Saudi Arabia 's £390billion mega-city faces fresh chaos as the boss of the flagship Neom project has reportedly been sacked.
1d
on MSN
Saudi Arabia parts ways with the CEO of Neom, its new desert megacity
Neom, Saudi Arabia's ambitious megacity project, is a key part of the kingdom's Vision 2030 scheme. Its CEO stepped down ...
1d
Saudi Arabia Replaces CEO Developing Megacity of Neom
Saudi Arabia replaced the executive that was overseeing its plan to build the $1.5 trillion futuristic development known as ...
8d
Wentworth Denies Rumor That Saudi Arabia's Public Investment Fund Is Trying to Buy It
Last week, DP World Tour player Eddie Pepperell appeared on the Chipping Forecast and said he believed that the Saudi Arabian ...
10d
on MSN
As regional violence rages, Saudi Arabia pitches itself as investment hub
The summit in Riyadh, known as the Future Investment Initiative, allowed the kingdom to showcase its ambitious plans to ...
Business Times
22h
Saudi Arabia’s sovereign wealth fund trims Nintendo stake again
Saudi
Arabia
’s sovereign wealth
fund
further trimmed its stake in Nintendo, deepening a selloff that began in August.
Zawya
9d
MUFG signs MoU with the Public Investment Fund of Saudi Arabia
MUFG and The Public Investment Fund (“PIF”) of Saudi Arabia have today announced that they signed a memorandum of ...
1d
Neom mega-project boss abruptly replaced in Saudi Arabia
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 ...
Golf on MSN
13d
PGA Tour, Saudi PIF leaders to play together at Middle East golf event
PGA Tour and Saudi PIF leadership are once again in the same place at the same time: now taking part in a pro-am in Riyadh.
Zawya
13d
Saudi Arabia's Hassana eyes investment in Brookfield Middle East fund
Hassana could allocate up to $500 million to the fund, in addition to Brookfield's own $500-million commitment ...
6d
on MSN
Saudi Arabia spent years investing in global tech firms. Its domestic AI push hopes they'll return the favor.
The kingdom is looking to companies overseas to help it meet its AI ambitions at home after years of investing billions of ...
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