Reignwood Group representatives also assured that the group is not interested in PIF's involvement as an investor in Wentworth. They said the company is in good financial health and is committed to ...

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

Shares of the electric vehicle company Lucid Group (NASDAQ: LCID) popped today after the company filed documents with the ...

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

Ventum Cap Mkts lifted their FY2025 earnings per share estimates for shares of Polaris Renewable Energy in a report issued on ...

The Public Investment Fund (PIF) and the Hong Kong Monetary Authority (HKMA) have signed a memorandum of understanding (MoU) ...

In exchange, the PIF would get two seats on the PGA Tour board ... equity shares that are being awarded to players based on investment by the private equity company Strategic Sports Group, which in ...

Saudi Arabia is in a race to secure more outside money to keep ambitious plans to diversify its economy on track. The country ...

Cash, land and cheap renewable energy were key parts of the kingdom’s pitch to become a “global hub for AI” at its annual ‘Davos in the desert” summit.