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Saudi PIF completes pricing of bond offering worth $5bln

Saudi Arabia’s Public Investment Fund (PIF) has successfully completed the pricing of a $5 billion Reg S international bond offering, under its Euro Medium-Term...

PIF-owned SRC signs $266mn refinancing deal with SNB

Saudi Real Estate Refinance Company (SRC), a wholly-owned subsidiary of the Public Investment Fund (PIF), will sell a $266.6 million real estate financing portfolio...

Saudi Arabia buys more stake in UK’s BT telecom as it...

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) has been making some very bright investments all across the globe amid the decrease...

Saudi Oil Giant Aramco concludes its takeover of 70% stake in...

Saudi Arabian Oil behemoth Aramco has successfully completed its share purchase of a 70 percent stake in Saudi Basic Industries Corporation (SABIC) from Saudi's...

India’s Jio rewarded with extra $602 million input from present Investors

Indian conglomerate Reliance Industries Ltd.’s digital arm, Jio Platform is expected to receive an additional cash inflow of $602 million from existing investors Silver...

Saudi Arabia shifted foreign reserves worth $40 billion to PIF

Saudi Arabian finance minister Mohammed Al-Jadaan stated that the kingdom shifted a total of $40 billion from central bank foreign reserves to finance investments...

GCC Public funds queue up for stakes in BlackRock

World's largest asset manager, BlackRock has been in the spotlight among some of the world’s largest institutional investors and sovereign funds when a significant...

US startup Lucid Motors gearing up for product delivery in 2021

US Electric Automobile startup, Lucid Motors, which is supported by Saudi Public Investment Fund is moving ahead with its plan to build the factory...
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