PIF

TMT

25 April, 2024

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

25 April, 2024

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 ......

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Finance

23 April, 2024

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 ......

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Manufacturing

04 January, 2024

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 ......

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Finance

08 December, 2023

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 ......

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Finance

02 November, 2023

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, ......

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Finance

14 September, 2023

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, ......

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Finance

31 August, 2023

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 ......

TMT

23 June, 2023

Gulf Digest: Hashmove, InvestSky get cheques; two new VC funds take shape

Two UAE-based startups led funding activity in the Middle East in the week gone by even as two new venture ......

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Finance

16 June, 2023

PIF-backed Jada, Saudi Venture Capital make LP bets on Investcorp, Shorooq funds

Saudi Venture Capital and a unit of the Gulf kingdom’s sovereign wealth fund have made limited partner-style bets on two ......