PIF
TMT
OpenAI discussed raising money from Saudi PIF, Reliance Industries: Report
ChatGPT maker OpenAI has talked to Saudi's PIF, India's Reliance Industries and existing shareholder United Arab Emirates' MGX about its ......
TMT
Peak XV, Valar-backed ShopUp to merge with Sary; PIF's Sanabil leads $110-mn funding
Bangladeshi B2B commerce platform ShopUp, which is backed by Indian venture capital firm Peak XV Partners and Peter Thiel’s Valar ......
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
Macquarie seeks to set up base in Saudi Arabia after preliminary deal with PIF
Macquarie Asset Management (MAM) is looking to set up an office in Saudi Arabia after signing a preliminary agreement with ......
Finance
Middle East PE, VC firms must plan exits from day one: Jada Fund of Funds report
Private equity and venture capital firms in the Middle East must start planning exit strategies from the very beginning of ......








