public investment fund of saudi arabia news

Saudi Arabia's wealth fund PIF to sell 2% stake in STC

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

YAHOO!Finance · 1d

Saudi Arabia’s Sovereign Wealth Fund Trims Nintendo Stake Again

Saudi Arabia’s sovereign wealth fund further trimmed its stake in Nintendo Co., deepening a selloff that began in August.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictNo Water by Year-End for This Zimbabwean City of 700,

Reuters · 1d

Saudi Arabia's wealth fund PIF to sell 2% stake in STC in potential $1.1 bln deal

Saudi Arabia's sovereign wealth fund PIF is selling an around 2% stake in the country's telecom group STC , the banks running the deal said on Wednesday, in a deal that could raise as much as $1.1 billion.

Hosted on MSN · 1d

Saudi Arabia's PIF to sell 2% stake in STC in estimated $1bn deal

Saudi Arabia’s Public Investment Fund is selling 2 per cent of its stake, or 100 million shares, in Saudi Telecom Company, the kingdom's biggest mobile operator, according to a regulatory filing with the Tadawul stock exchange.

7hon MSN

Saudi Wealth Fund Ramps Up Stock Sales to Support Spending Plans

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

Zawya16h

Saudi Arabia: PIF sells 100mln stc shares for $1bln

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.

Hydrogen Fuel News2d

Saudi Arabia’s $10 Billion Green Hydrogen Investment Moving Full Steam Ahead

Can Saudi Arabia Transform the Green Energy Landscape? Saudi Arabia is setting its sights on the green hydrogen industry with ...

2don MSN

Saudi Arabia parts ways with the CEO of Neom, its new desert megacity

Neom, Saudi Arabia's ambitious megacity project, is a key part of the kingdom's Vision 2030 scheme. Its CEO stepped down ...

1don MSN

Saudi Arabia's new £390bn mega-city thrown into chaos as fresh scandal erupts

Saudi Arabia 's £390billion mega-city faces fresh chaos as the boss of the flagship Neom project has reportedly been sacked.

Wentworth Denies Rumor That Saudi Arabia's Public Investment Fund Is Trying to Buy It

Last week, DP World Tour player Eddie Pepperell appeared on the Chipping Forecast and said he believed that the Saudi Arabian ...

Saudi Arabia Replaces CEO Developing Megacity of Neom

Saudi Arabia replaced the executive that was overseeing its plan to build the $1.5 trillion futuristic development known as ...

11don MSN

As regional violence rages, Saudi Arabia pitches itself as investment hub

The summit in Riyadh, known as the Future Investment Initiative, allowed the kingdom to showcase its ambitious plans to ...

7don MSN

Saudi Arabia spent years investing in global tech firms. Its domestic AI push hopes they'll return the favor.

The kingdom is looking to companies overseas to help it meet its AI ambitions at home after years of investing billions of ...

Saudi megafund’s success rests on fuzzy local bets

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

13hon MSN

The Big Problem for Saudi Arabia’s Futuristic City? The Country Doesn’t Have Enough Money

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.

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