Saudi Arabia's sovereign wealth fund in Q3 cut its stake in FedEx (NYSE:FDX), while boosting its position in Prologis ...

Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to diversify ...

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

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 ...

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 ...

In the first follow-on in December 2021, PIF reduced its stake from 70% to 64%. In 2002, Saudi Telecom held the monopoly for ...

RIYADH/DUBAI (Reuters) -Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritize completing ...

The Public Investment Fund of Saudi Arabia continues the recent trend of reducing its major stake in the Japanese gaming ...

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

The share sale could raise as much as $1.1 billion for PIF based on STC's share price of 41.1 riyals ($10.94) at closing on ...

Saudi Arabia's sovereign wealth fund PIF plans to sell a 2% stake in Saudi telecoms operator STC through a private placement ...

Saudi Arabia's sovereign wealth fund PIF will sell 100 million shares in the country's telecom group STC at a price of 38.6 riyals ($10.27) apiece, state television reported on Thursday.