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

Saudi Arabia is looking to reduce the percentage of foreign investments in its portfolio from 30% down to 18%-20%.

Diriyah Company, a unit of Saudi Arabia's PIF, is planning to list on Tadawul to tap into foreign pools of capital for its ...

The MoU will promote regular engagement between MUFG and PIF, focusing on sectors in which MUFG has strong expertise, notably ...

Yasir Al-Rumayyan says Saudi Arabia's Public Investment Fund will cut proportion of spend overseas to as little as 18%.

Meanwhile, the PIF is responsible for driving many of Saudi Arabia’s economic diversification projects under Prime Minister ...

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

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

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

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

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 ...

It comes as PIF, which manages assets exceeding $900bn, announced plans to pivot towards focussing on domestic projects ...