Saudi Arabia’s Public Investment Fund (PIF) has agreed to buy a 54 per cent stake in the Gulf state’s MBC Group media conglomerate for SAR 7.5 billion (US$2 billion).

Saudi Arabia’s main mission is to diversify its heavily oil-dependent economy. But that “Vision 2030” project is undergoing a ...

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is set to acquire a 54 per cent stake in MBC Group ...

The Public Investment Fund (PIF), the Saudi Arabian sovereign wealth vehicle, is on course to acquire a majority stake in MBC ...

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

In a landmark move signaling the growing importance of the Middle East in the global tech landscape, Google has entered into ...

The signings come amid the Future Investment Initiative this week in Riyadh, which attracted hundreds of international ...

Saudi Arabia’s $925 billion Riyadh-based sovereign wealth fund, Public Investment Fund, has formed two further anchor ...

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.