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Image: Supplied Saudi Arabia’s Public Investment Fund (PIF) is set to acquire a 54 per cent stake in broadcast giant MBC for SR7.47bn ($2bn). It comes as PIF, which manages assets exceeding $900bn, ...

RIYADH: PIF today announced the signing of five memorandums of understanding (MoUs) worth up to $51 billion with leading Japanese financial institutions. These MoUs were signed with Mizuho Bank, ...

The PIF, as the fund is known, is set to acquire 54% of MBC Group from Saudi Arabia’s Ministry of Finance, represented by Istedamah Holding Company, according to a statement ...

Saudi Arabia's Public Investment Fund (PIF) trimmed its holding in Nintendo Co., a day after reports that a senior executive at the kingdom's mammoth sovereign wealth fund said it was considering ...

RIYADH — The Public Investment Fund (PIF) announced Thursday the signing of five memorandums of understanding (MoUs) valued at up to $51 billion with prominent Japanese financial institutions. The ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Saudi Arabia will back Brookfield Asset Management Ltd.’s new $2 billion Middle East fund, giving the Canadian investment firm extra financial firepower to pursue deals in the oil-rich Gulf region.

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Thailand’s retail giant Central Group, controlled by the Chirathivat family, and Saudi Arabia’s Public Investment Fund (PIF) agreed to form a strategic partnership following the latter’s ...

(Bloomberg) -- Saudi Arabia’s Public Investment Fund is set to become a minority partner in UK department-store chain Selfridges after buying out the position of the now-insolvent Signa Group.