A Saudi company has launched a new project to build a smart city in the Gulf Kingdom’s eastern flank with a value of around 6 ...

A $1 billion stake sale in Saudi Arabia’s largest mobile phone operator is the latest sign that the market for follow-on ...

Aseer Investment Company, a subsidiary of Saudi sovereign wealth fund PIF, has announced the establishment of a new holding ...

Traders responded to a U.S. inflation print that was in line with expectations by ramping up bets on a Federal Reserve rate cut next month ...

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 has at its disposal.

An investment manager, a Chinese online music entertainment platform and a business travel company were among fund managers’ ...

The IMF is considering reverting to a three-month review schedule of the USD 7 billion bailout package after seeing early ...

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

Pakistan had initially planned to raise USD 3.2 billion, including the USD 1.2 billion Saudi oil facility. However, each month of delay in finalising this facility reduces available funds by USD 100 ...

Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritise completing elements essential to hosting ...

MENA and Gulf countries navigate the transition towards clean energy by strenghtening their position in the emerging green economy.