Saudi
Saudi Arabia’s PIF signs MoUs worth up to US$51 billion with Japanese banks
SAUDI Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding (MoU) with Japanese financial institutions worth up to an overall US$51 billion, it...
Temasek, Saudi Arabia’s PIF rated highest for credit metrics and liquidity by Moody’s
SINGAPORE’S Temasek Holdings and Saudi Arabia’s Public Investment Fund (PIF) have the strongest intrinsic credit quality, among the 11 government-owned investment holding companies (IHCs) it rated, said Moody’s Ratings...
Goldman’s Saudi Arabia CEO to leave after decade in role
He is also the managing director of the US bank’s asset management division in the countryGOLDMAN Sachs’ top executive in Saudi Arabia will leave the bank after nearly a...
Saudi fund trims Nintendo stake after saying it wants more
Its ownership in the company falls to 7.54% from 8.58%, a filing to Japan’s finance ministry showsSAUDI Arabia’s sovereign wealth fund has disclosed that it sold down its stake...
Saudi Arabia’s PIF to take 40% share in Selfridges stores
SAUDI Arabia’s Public Investment Fund (PIF) is set to become a minority partner in department store chain Selfridges after buying out the position of the now-insolvent Signa Group.The PIF...
Saudi Arabia’s PIF eyeing stake in sports streamer DAZN: sources
SAUDI Arabia’s Public Investment Fund (PIF) is among potential bidders exploring the purchase of a minority stake worth around US$1 billion in DAZN, the sports-streaming group backed by billionaire...
Saudi Arabia tees up multibillion-dollar bet on hydrogen
SAUDI Arabia has been preparing to make a multibillion-dollar bet on hydrogen, and will launch a new company to produce the low-carbon fuel, sources said.The kingdom’s sovereign wealth fund,...
Asia refiners lament pricey Saudi oil as profits, Iran risk loom
In Singapore, Asia’s oil-pricing hub, margins for complex refineries fell to near parity last week, with yields hovering below seasonal averages for weeksASIAN oil refiners hit by lean margins...
