Saudi Arabia’s Public Investment Fund sold $1bn of shares in Saudi Telecom in an accelerated bookbuild on Wednesday evening.

A $1 billion stake sale in Saudi Arabia’s largest mobile phone operator is the latest sign that the market for follow-on ...

The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund h. as at its disposal.

Saudi Arabia's Public Investment Fund (PIF) today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering. The offering ...

Like many other electric vehicle start-ups right now, Lucid Group (NASDAQ: LCID) is trying to find its footing in an ...

The Italian Export Credit Agency SACE will grant loan guarantees worth $3 billion (equivalent to SAR 11.25 billion) for Saudi ...

Rory McIlroy has previously been one of LIV Golf's biggest critics, but the Northern Irishman has admitted that one of the ...

(MENAFN) Saudi Arabia’s Public Investment Fund (PIF) has successfully raised SR3.86 billion (approximately USD1.03 billion) ...

Saudi PIF, which sold 6 per cent of stc for $3.2bn in 2021, will keep a 62 per cent stake in the telecoms group after the ...

PIF maintains ownership of 3.1 billion shares, equivalent to 62 percent of stc's issued share capital, following the transaction ...

And in paying tribute to the Newcastle chief, PIF's increased stake, Fortune wrote: "Yasir Al-Rumayyan is best known for his ...

Saudi Arabia’s wealth fund sold part of its stake in the kingdom’s main mobile-phone operator for about $1 billion, the ...