Tag: PIF
Saudi’s economy to grow 2.4% in 2021 driven by non-oil sector;...
Saudi Arabia’s immediate response to the COVID-19 pandemic has cushioned the impact on the economy which is now projected to grow by 4.3 percent...
Saudi Arabia plans for another national airline to build its non-oil...
Saudi Arabia's Crown Prince Mohammed bin Salman announced plans to build a second national airline as part of a broader strategy to turn the...
Saudi Arabia plans for a new airport in Riyadh to drive...
Saudi Arabia has been planning to build a new airport in its capital, Riyadh, according to reports, which would serve as a base for...
Saudi’s Dur Hospitality, Taiba Investments enter merger talks
Saudi Arabia-listed Dur Hospitality Company and Taiba Investment Company are entering into preliminary discussions to combine their businesses, potentially forming a company with a...
Saudi PIF commits up to 20% in Investcorp & Aberdeen’s infrastructure...
Saudi Arabia's sovereign wealth fund, Public Investment Fund (PIF) is investing in a new regional infrastructure fund set up by Bahrain's global asset manager...
Saudi Arabia in talks to sell 1% stake in Aramco; Crown...
Saudi Arabia's Crown Prince, Mohammed bin Salman Al Saud, has stated that the kingdom is in negotiations to sell a one percent stake in...
India’s L&T bags Saudi’s 1.5GW Sudair Solar EPC Project contract
Leading Indian conglomerate Larsen & Toubro (L&T) has secured a construction contract to build Saudi Arabia's largest solar photovoltaic (PV) plant.
In a statement to...
Saudi’s Neom to build largest fish farm in the region with...
Saudi Arabia's megacity project Neom and Tabuk Fish Company have signed an agreement to develop the Middle East and North Africa's (MENA) biggest fish...