Saudi wealth fund PIF to sell further stake in STC
Saudi wealth fund PIF to sell further stake in STC in potential $1.1 billion deal
Saudi Arabia's sovereign wealth fund PIF has hired Goldman Sachs and Saudi National Bank to sell around a 2% stake in the country's telecom group STC in a deal that could raise up to $1.1 billion, according to a statement from the banks.
The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country ...
Temperatures in the Al-Nafūd desert can climb as high as 55 degrees Celsius during the summer, making this drastic change a ...
Saudi Arabia’s Crown Prince Mohammed bin Salman has accused Israel of carrying out “collective genocide” in Gaza, in some of ...
Barloworld is in talks with a group of investors that includes a unit of Saudi Arabia’s Zahid Group about the acquisition of ...
This RHQ will expand Fitch Group’s long-standing presence in the Middle East, which includes having opened offices in Riyadh by Fitch Ratings in 2017 and by Fitch Learning in 2023 ...
Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to diversify ...
Newsweek contacted the Saudi Arabian Public Investment Fund, which manages the Vision 2030 projects, for comment via email.
Longtime CEO Nadhmi al-Nasr left Neom, Saudi Arabia’s marquee development, which has been plagued by delays, cost overruns ...
Saudi Arabia replaced the executive that was overseeing its plan to build the $1.5 trillion futuristic development known as ...
Australia and Saudi Arabia have drawn 0-0 in Asian qualifying for the 2026 World Cup in Melbourne. While there was late drama ...
Saudi Arabia's annual inflation rate continued to edge up in October to 1.9% from 1.7% in September, according to government ...
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