Browsing Tag
Public Investment Fund
19 posts
Tamara becomes first Saudi fintech unicorn with $340m Series C funding
In a historic move, Tamara, the leading fintech platform in Saudi Arabia and the GCC region, has become…
Saudi’s PIF to invest in Alkhorayef Petroleum for 25% stake
The Public Investment Fund (PIF) has announced its investment in Alkhorayef Petroleum, from the Alkhorayef Group, through a…
Hyundai Motor, PIF ink $500m deal for automated vehicle plant in Saudi Arabia
A groundbreaking agreement has been solidified between the Public Investment Fund (PIF) of Saudi Arabia and Hyundai Motor…
Standard Chartered to sell aviation finance business to AviLease for $700m
Standard Chartered Group has announced the sale of its global aviation finance leasing business to AviLease, a Saudi…
Al Shuaibah solar PV projects : ACWA Power-led consortium announces financial closure
In a monumental step for Saudi Arabia’s renewable energy vision, leading energy player ACWA Power, in collaboration with…
Vale secures strategic investments for energy transition metals business
Vale, a global leader in the metals industry, has entered into a binding agreement with Manara Minerals, a…
CENTOGENE, Lifera form genetic testing JV in Saudi Arabia and GCC
CENTOGENE, a provider of data-driven solutions for rare and neurodegenerative diseases, and Lifera, a biopharmaceutical company owned by…
PIF acquires 30% stake in cooling system developer Saudi Tabreed
The Public Investment Fund (PIF), a sovereign wealth fund of Saudi Arabia, has acquired a 30% interest in…
EC approves Saudi Aramco’s $69bn stake acquisition in SABIC
Saudi Aramco has obtained unconditional approval from the European Commission (EC) for its previously announced acquisition of a…