Monday, November 25, 2024

Public Investment Fund

Saudi Public Investment Fund assets grow 29% by end of 2023

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 Saudi Public Investment Fund is interested in investing in Brazil

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 issues bonds in British pounds

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...

The Saudi Public Investment Fund focuses more on local projects

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...

Saudi Public Investment Fund announces the launch of the “NEO” space group

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 Sukuks attract $16 billion

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...

Saudi SABIC turns to loss in 2023

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,...

Latest News

Dubai: RTA announces extended Metro timings on November 24

The Dubai Metro Red Line and Green Line will operate from 3.00am to 12am on Sunday, November 24, 2024,...

Eid Al Etihad: UAE private sector holidays announced

The Federal Authority for Government Human Resources announced that the 53rd UAE National Day holiday for employees of ministries and federal entities will be...

Today Gold Rate in Saudi Arabia – 22th Nov 2024

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,895.71 while 24k Per 10 Gram gold price is SAR 3,340.00. Usually...

Today Gold Rate in Qatar – 22th Nov 2024

Today Gold Rate in Qatar Today Per tola is QAR 3,802.40 while 24k Per 10 Gram gold price is QAR 3,260.00. Usually people opt...

Today Gold Rate in Oman – 22th Nov 2024

Today Gold Rate in Oman Today Per tola is OMR 397.74 while 24k Per 10 Gram gold price is OMR 341.00. Usually people opt...