Saudi Arabia's Public Investment Fund is heading to the international bond market for the second time this year.
It started Saudi Public Investment Fund PIF recently took practical steps to expand its international financing channels, as it began receiving bids...
Saudi Arabia's Public Investment Fund acquired a 30% stake in Saudi Tabreed in 2022.
The company intends to Saudi Cooling “Cooperating with Citigroup and SNB Capital to explore the possibility of an initial public offering in Riyadh,” according to a...
Total assets under management of the Saudi Public Investment Fund currently amount to approximately $925 billion.
The total value of assets managed by the Saudi Public Investment Fund exceeded about 2.87 trillion riyals (equivalent to 765.6 billion dollars) by December...
The Public Investment Fund’s announcement of its interest in investing in Brazil represents an important step in strengthening economic relations between the two countries and opening new horizons for cooperation in various sectors.
Yasser Al-Rumayyan, Governor, expressed his opinion Public...
The Saudi Public Investment Fund authorized several banks to offer unsecured senior bonds for 5 and 15 years.
Informed sources said: Saudi Public Investment Fund He decided to issue bonds in British pounds, as part of his efforts to diversify...
About 27% of the Public Investment Fund's assets are located outside Saudi Arabia
Plan Public Investment Fund Saudi Arabia to increase annual spending to up to $70 billion, while executives at three alternative investment firms privately expressed concerns that the...
Neo Space Group will focus on investing in startups and promoting technology in the space sector. The company's goal is to develop commercial activities in the Kingdom by providing innovative solutions for satellite and space services.
In a step towards...
Saudi Public Investment Fund bonds were issued at a premium of 85 basis points over US Treasury bonds. Issued Public Investment Fund Saudi Arabia, the Kingdom’s sovereign wealth fund, issued seven-year dollar-denominated sukuk worth $2 billion after attracting more than...
SABIC was founded in 1977, and the oil giant Saudi Aramco has owned 70% of its shares since 2020. The company's profits are closely linked to the growth of the global economy, as its products, such as plastics, fertilizers,...
The National Centre of Meteorology predicts cloudy conditions and strong northwesterly breezes for Friday, 13 November. Temperatures will hover around 30 °C in Dubai, Abu Dhabi and Sharjah.
The Dhofar governorate has launched the country's first submerged ecological museum off Mirbat's coast. Six large concrete figures, including a whale and dolphin, now sit 20‑22 metres below sea level.
Muscat Municipality has issued a warning against illegal parking of trucks and heavy vehicles in residential zones. Authorities say the practice hampers traffic flow, threatens safety and harms the visual appeal of neighbourhoods.
The General Pension and Social Security Authority clarified that UAE public sector employers adjust pension contributions each month based on current pay, whereas private sector firms calculate contributions on the salary set in January. Mid‑year salary hikes therefore do not affect private pension contributions until the next calendar year.
Naifa Balkies Hameed was struck on Al Khawaneej Street after her car broke down. Experts urge drivers to move away from traffic, use warning devices and remain vigilant.
