Saudi Arabia's Public Investment Fund chief said the kingdom is changing its relationship with foreign investors to focus on the domestic economy.

Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining ...

ALBAWABA - MBC Group, the most prominent broadcaster in the Middle East, has announced that Istedamah Holding Company, a ...

The Saudi media group MBC has announced that Istidamah Holding, one of its shareholders, signed an agreement to sell its 54% stake to the Public Investment Fund (PIF) for around $1 billion (SAR 7.5 ...

But there's new information in it that's worth a closer look ... The proposed deal is also not with LIV Golf, an important distinction. It is with the PIF, which is not a minor point. The original ...

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding (MoU) ...

Goldman Sachs is reportedly working on one, while the PIF committed $5bn to BlackRock for local investments. The new entity, known as BlackRock Riyadh Investment Management, will receive ...

The Middle East’s biggest broadcaster surged as much as 10% in Saudi Arabia after the kingdom’s sovereign wealth fund agreed ...

PIF continues to explore new horizons for the Saudi asset management industry through upskilling, partnerships and strategic capital allocations PIF signed three memorandums of understanding with ...

The Ministry of Tourism announced that the number of tourism hospitality facilities licensed to operate across Saudi Arabia has increased to more than 3,950 by the end of the third quarter (Q3) of ...

GOLF's editors discuss potential Ryder Cup player stipends, the biggest proposed PGA Tour change and more in Tour ...

The $925 billion sovereign wealth fund, known as PIF, said in a news release that a new platform, Brookfield Middle East Partners, will aim to serve as Brookfield’s new private equity vehicle ...