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

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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 ...

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 ...

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, ...

Saudi Arabia’s Public Investment Fund (PIF) said on Wednesday that it signed an MoU with Brookfield Asset Management, under which the $925bn fund will serve as a strategic anchor investor for ...