FeaturedWealth ManagementFurther boost for Saudi Vision 2030? PIF swings to USD 36.8 billion profit in 2023IFM CorrespondentJuly 11, 2024 by IFM CorrespondentJuly 11, 2024 Saudi Arabia has invested hundreds of billions of dollars through the PIF in projects under the Vision 2030 plan... Read more
Asset ManagementFeaturedSaudi’s new growth engine, asset management industry, gets PIF boostIFM CorrespondentNovember 7, 2023November 7, 2023 by IFM CorrespondentNovember 7, 2023November 7, 2023 Having an upscale asset management business will definitely benefit the overall PIF objective in terms of adhering to best practices, governance, generating return and compliance... Read more
Cover StoryMagazineTechnologySAFE: GCC’s trusted security partnerIFM CorrespondentJune 6, 2023June 6, 2023 by IFM CorrespondentJune 6, 2023June 6, 2023 SAFE provides top-notch security consulting to its clients and partners through innovative measures... Read more
FeaturedIslamic BankingMiddle East a unique ‘global sweet spot’ for merger and acquisition: SurveyIFM CorrespondentApril 13, 2023April 13, 2023 by IFM CorrespondentApril 13, 2023April 13, 2023 Saudi Arabia is anticipating a significant increase in merger and acquisition activity in 2023... Read more
Banking and FinanceFeaturedSaudi’s PIF makes second investment in RelianceInternational Finance Business DeskNovember 6, 2020 by International Finance Business DeskNovember 6, 2020 Reliance Retail will receive $1.3 billion from the sovereign fund in exchange for 2.04 percent stake... Read more
FeaturedOil & GasSaudi’s Public Investment Fund foresees opportunities post-pandemicInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 Earlier this month, the Public Investment Fund acquired stakes worth $1 bn in four European oil companies... Read more
BankingMumtalakat may invest in SoftBank Vision FundInternational Finance DeskFebruary 21, 2018February 27, 2020 by International Finance DeskFebruary 21, 2018February 27, 2020 SoftBank Vision Fund is a foundation platform for disruptive innovators in the technology sector... Read more