PIF
TMT
Saudi PIF, STC Group likely to bid for Spanish Cellnex's Austrian unit
Saudi Arabia's STC Group and sovereign fund PIF may bid for the Austrian unit of Spanish mobile phone tower operator Cellnex, ......
Finance
Saudi Arabia's PIF hits $749 bn in assets under management
Saudi Arabian sovereign wealth fund PIF's managed assets reached 2.81 trillion riyals ($749.2 billion) in 2023, state news agency SPA ......
Finance
Saudi multi-asset investor Artal Capital hits first close of PE fund
Artal Capital, a Riyadh-based multi-asset investment firm, has marked the first close of its mid-market-focused private equity fund to back ......
Manufacturing
Saudi SWF Public Investment Fund strikes first 2024 bet in MENA paper industry
Saudi Arabia’s sovereign investor Public Investment Fund (PIF) has struck a bet for minority stake in a paper manufacturing and ......
TMT
Saudi PIF-owned Savvy buys gaming firm for $4.9 bn; STV fund gets LP cheque
Funding activity in the Gulf region remained subdued in the first week of April with only a handful of companies ......
General
Grapevine: Saudi's PIF to invest in RIL InvIT; Lexington may buy IL&FS education arm
Saudi Arabia’s Public Investment Fund (PIF) has initiated discussions to invest up to $1 billion (Rs 7,495 crore) in Reliance ......
Finance
Saudi's Jada FoF strikes another LP-style bet for tech SMEs in MENA, Asia
Saudi Arabia’s Public Investment Fund-backed Jada Fund of Funds has made its fifth limited partner-style investment in six months, to ......
Finance
Saudi's Jada Fund of Funds strikes another LP-style bet
Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund of Funds has struck its third limited partner-style bet in four months, ......
Finance
UAE's VentureSouq taps another Saudi limited partner for new fintech fund
VentureSouq, a UAE-based venture capital firm, has roped in another Saudi Arabian limited partner (LP) for its second fintech fund, ......
Finance
Saudi PIF-backed Jada makes LP bet on female-led private equity fund
Jada Fund of Funds, which is backed by Saudi Arabia’s Public Investment Fund (PIF), has invested in an Abu Dhabi-based ......