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Saudi sovereign wealth fund PIF appoints new head of investment strategy

Finance

24 July, 2024

Saudi sovereign wealth fund PIF appoints new head of investment strategy

Saudi Arabia's sovereign wealth fund, which manages around $925 billion, has appointed a new head of its investment ......

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In Charts: Check out the most active investors in the Middle East in H1 2024

General

17 July, 2024

In Charts: Check out the most active investors in the Middle East in H1 2024

Antler, a Singapore-based early-stage venture capital firm, which manages assets worth $4.7 billion across 25 countries......

Aramco to buy 50% of Air Products Qudra's blue hydrogen business

Infrastructure

17 July, 2024

Aramco to buy 50% of Air Products Qudra's blue hydrogen business

Saudi oil giant Aramco has signed final agreements to buy 50% of the blue hydrogen industrial gases business of Air ......

China's JinkoSolar to ink pact with Saudi's PIF for renewable power facility

Infrastructure

16 July, 2024

China's JinkoSolar to ink pact with Saudi's PIF for renewable power facility

China-based JinkoSolar said on Tuesday it would form a joint venture with Saudi Arabia's sovereign wealth fund and a......

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SVC, Jada-backed PE firm acquire stake in Saudi edtech company

Consumer

11 July, 2024

SVC, Jada-backed PE firm acquire stake in Saudi edtech company

Saudi Venture Capital (SVC)-backed private equity firm Olive Rock Partners has acquired a strategic stake in a leading ......

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In Charts: UAE dominates PE-VC activity in H1 2024 but Saudi Arabia makes a leap

Finance

11 July, 2024

In Charts: UAE dominates PE-VC activity in H1 2024 but Saudi Arabia makes a leap

The United Arab Emirates continued to dominate private equity and venture capital deals activity in the Middle East ......

Saudi PIF-owned Riyadh Air forms partnership with US carrier Delta Air

Infrastructure

10 July, 2024

Saudi PIF-owned Riyadh Air forms partnership with US carrier Delta Air

Riyadh Air has partnered with U.S. carrier Delta Air Lines as the Saudi startup carrier grows its potential network ......

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In Charts: How Middle East PE-VC dealmaking fared in H1 2024

Finance

08 July, 2024

In Charts: How Middle East PE-VC dealmaking fared in H1 2024

The number of private equity and venture capital deals in the Middle East region fell by almost a fourth in ......

Aramco, ADNOC reportedly weighing bids for Australia's Santos, analysts sceptical

Infrastructure

04 July, 2024

Aramco, ADNOC reportedly weighing bids for Australia's Santos, analysts sceptical

Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg News......

Saudi sovereign wealth fund swings to $36.8 bn profit in 2023

Finance

02 July, 2024

Saudi sovereign wealth fund swings to $36.8 bn profit in 2023

Saudi Arabia's sovereign wealth fund PIF swung to a profit of 138.1 billion riyals ($36.81 billion) in 2023, it ......

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