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).

The Public Fund Index’s movie signals a shift towards domestic investments as it manages assets over USD 900 billion. This ...

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 ...

Saudi Arabia’s Public Investment Fund (PIF) has continued its pivot towards domestic investment with a move to acquire 54 per cent of Saudi media group MBC. The sovereign wealth fund’s acquisition ...

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 ...

MBC Group has announced that Istedamah Holding Company, a substantial shareholder in the company, has signed a binding share ...

The Middle East’s leading broadcaster, MBC Group, saw a remarkable surge of 10% in its stock price on the Saudi Exchange ...

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

OPEC+ has agreed to delay a planned December oil output increase by one month, the group said on Sunday.

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

Saudi Arabia’s Public Investment Fund (PIF) will acquire a 54 per cent stake in regional broadcaster MBC Group for 7.47 ...